03/27/2007 Resolutions 2007-70RESOLUTION 2007-70
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 Mayor of the City of Grand Island 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 Case IH to assist with the
expansion of the plant and increased usage of their paint line; 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.
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 expansion of Case IH and their increased usage of their paint line is
hereby approved, and a payment is authorized to be made to the Grand Island Area Economic
Development Corporation on behalf of Case IH for such purpose.
Adopted by the City Council of the City of Grand Island, Nebraska on March 27, 2007.
Margaret ornady, Mayor
Attest:
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RaNae Edwards, City Clerk
Approved as to Form c
July 25, 2006 o City Attorney