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01/25/2011 Resolutions 2011-27RESOLUTION 2011-27 WHEREAS, The State ofNebraska, State Building Division has submitted a request to reduce the amount of the lease payment for the City owned building at 1306 West 3rd Street, in conformance with section 4 of the lease agreement, and WHEREAS, such lease identifies the terms of the agreement between the City of Grand Island and the State ofNebraska for such lease; and WHEREAS, the terms of lease agreement states that any such reduction shall be agreed upon by both parties. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that a new lease agreement may be negotiated, but the current lease will not be amended to reduce the amount ofthe rental fee to $5,509.08 per month for the remaining term of the lease which will expire on June 30, 2011. Adopted by the City Council of the City of Grand Island, Nebraska, January 25, 2011. Attest: ~~~(.J~~ RaNae Edwards, City Clerk Approved as to Form d J= January 26, 2011 n City Attorney