02/26/2008 Resolutions 2008-72RESOLUTION 2008-72
WHEREAS, in March, 1992, the City of Grand Island purchased a home at 415 E. Stn
Street with State of Nebraska Department of Economic Development Community Development
Block Grant funds for the purpose of selling the home to aloes-income first time homebuyer through
an existing Homestead Program; and
WHEREAS, the property was sold or rented multiple times but was returned to the
City in 1995 due to owner/tenant default and was subsequently rented to slow-income tenant in
1998 with no option to purchase,
WHEREAS, the tenant vacated the property in February 2007 and the City wishes to
dispose of the property,
WHEREAS, in order to dispose of the building and property at 415 E. 9th Street, it is
necessary that the council declare the real estate and building as surplus so that the property can be
properly disposed of.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the building and property at 415 E. 9`h Street,
Grand Island, Nebraska, is hereby declared as surplus property and is directed to be sold by sealed
proposals which will include price, a plan for meeting the low-income guidelines to rent or sell the
property, and a time line for disposal.
Adopted by the City Council of the City of Grand Island, Nebraska, February 26, 2008.
Margare Hornady, ayor
Attest:
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RaNae Edwards, City Clerk
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Approved as to Form ~
February 25, 2008 c City Attorney