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06/28/2011 Resolutions 2011-152RESOLUTION 2011 -152 WHEREAS, on December 15, 2009, by Resolution 2009 -318, the City Council of the City of Grand Island approved a Housing Developer Agreement between the City of Grand Island and the Housing Development Corporation for the construction of at least three new homes for the Neighborhood Stabilization Program Grant 09 -3N -1 l; and WHEREAS, there is a need to extend completion of such project due to the award of additional grant funds from the Nebraska Department of Economic Development for the construction of two extra homes; and WHEREAS, the original contract ended on June 1, 2011 and additional time is needed to complete construction on these two projects; WHEREAS, Community Development is requesting a contract time extension from June 1, 2011 to August 24, 2011 to complete this project and there are sufficient grant funds for project completion; and WHEREAS, the Regional Planning Department supports such contract time extension. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the completion date for the construction of additional houses and payment of developer fees to the Housing Development Corporation is hereby extended to August 24, 2011. BE IT FURTHER RESOLVED, that the Mayor is hereby authorized and directed to execute such contract time extension on behalf of the City Of Grand Island. Adopted by the City Council of the City of Grand Island, Nebraska, June 28, 2011. Attest: E - Wca7� RaNae Edwards, City Clerk Approved as to Form a June 27, 2011 a C;'�ey