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07/25/2006 Resolutions 2006-214 I I RESOLUTION 2006-214 WHEREAS, Northwestern Public Service (NWPS) makes an annual contribution for economic development purposes to the City of Grand Island in the amount of $86,000; and WHEREAS, on September 26, 2000, the Mayor and City Council approved Resolution 2000-291 establishing an economic development policy for receiving, considering and making recommendations regarding requests for disbursement of said funds; and WHEREAS, the office of the City Administrator received a recommendation for funding from the local economic development committee for $50,000 payable to the Grand Island Area Economic Development Corporation on behalf of Fonner Park Exposition and Event Center, Inc. to assist with the installation cost of natural gas equipment for the new Heartland Events Center; and WHEREAS, said request is consistent with the intent ofNWPS in making its annual economic development contribution, and the policy established by the Mayor and City Council. I I I NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the request for disbursement in the amount of $50,000 to fund a portion of the installation costs of natural gas equipment for the new Heartland Event Center is hereby approved, and a payment is authorized to be made to the Grand Island Area Economic Development Corporation on behalf ofF onner Park Exposition and Event Center, Inc. for such purpose. Adopted by the City Council of the City of Grand Island, Nebraska on July 25, 2006. Attest: QS\~ ~D~ RaNae Edwards, City Clerk a ,"",,,,,,<' Approved as to Form ~ July 25, 2006 a City Attorney ~..;';';"":'~~.~,---.._"':'~._._.__,_...._.l...~_.-.:..._~~__~__.._~_