The Public Building Commission on Thursday approved a new revenue-sharing agreement with farmers who raise crops on St. Clair County's land.
The board elected to operate under a revenue-split with farmers, which will provide the county with 40 percent to 42 percent of revenue based on productivity from the county's 1,500-acres of farmland located around MidAmerica St. Louis Airport in Mascoutah. That is a shift from the recent cash lease, when the farmers paid the county at the beginning of the crop year based on the land's productivity evaluation.
Board member Jim Nations said this move is expected to give the board a little higher return.
"But we are taking a little bit more risk," Nations said. "In return, the farmers are shifting from an upfront payment to a back-end payment, and they have less risk themselves. It's kind of a reworking of the risk and the reward."