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04/12/2011 Resolutions 2011-80RESOLUTION 2011 -80 WHEREAS, the City of Grand Island was issued 2 shares of SemGroup Corporation as a result of a Chapter 11 Bankruptcy settlement; and WHEREAS, these shares are being held by BNY Mellon Shareowner Services LLC in an electronic, book -entry account; and WHEREAS, Mary Lou Brown, Finance Director, has been authorized to sell these 2 shares of SemGroup Corporation on behalf of the City of Grand Island. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the sale of 2 shares of SemGroup Corporation be approved. Adopted by the City Council of the City of Grand Island, Nebraska, April 12, 2011. Attest: RaNae Edwards, City Clerk Approved as to Form 13 April 11, 2011 n City Attorney