There are 2000 acres being built around me right now. They are paying $700 per acre per year for 25 years(with an option for 25 more) with an annual increase of 2%. In year 15 they are required to set up a bond for the estimated cost of removal or install new equipment which means they will go into the second 25 year term. These projects are being bought by the local power companies as they are closing several coal plants and the city people in Madison have said they will pay extra for green energy.I have never heard of an electric company filing bankruptcy so it should be a reasonably safe income. Much better than corn or beans. It is good land but with current prices we must have to much of that? At the end of the term they have to remove everything less than 4ft deep from the property so it should be able to back to ag. Tom
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Today's Featured Article - Timing Your Magneto Ignition Tractor - by Chris Pratt. If you have done major engine work or restored your tractor, chances are you removed the magneto and spark plug wires and eventually reached the point where you had to put it all back together and make it run. On our first cosmetic restoration, not having a manual, we carefully marked the wires, taped the magneto in the position it came off, and were careful not to turn the engine over while we had these components off. We thought we could get by with this since the engine ran perfectly and would not need any internal work. After the cleanup and painting was done, we began reassembly and finally came to t
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