08/09/2011 Resolutions 2011-206RESOLUTION 2011 -206
WHEREAS, the Grand Island Community Redevelopment Authority (CRA) has
approved a budget request for the 2011 -2012 fiscal year; and
WHEREAS, the CRA budget request includes sufficient funding to cover anticipated
expenses for the CRA during the 2011 -2012 fiscal year ($431,384) and funding for the Lincoln Park
Pool ($200,787); and
WHEREAS, the Grand Island City Council will set the final levy at their meeting on or
around September 13 after receiving final valuations from the Hall County Assessor, and
WHEREAS, the dollar amount requested by the CRA for the 2011 -2012 fiscal year
can be raised within the $0.026 levy allowed by State Law,
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, THAT THE GRAND ISLAND COMMUNITY
REDEVELOPMENT AUTHORITY BUDGET REQUEST OF $632,171 IS HEREBY APPROVED
AND THAT THE NECESSARY LEVY NOT TO EXCEED $0.026 PER $100 VAUATION
SHALL BE INCLUDED IN THE 2011 -2012 COMBINED CITY BUDGET.
Adopted by the City Council of the City of Grand Island, Nebraska, August 9, 2011.
Attest:
t.Gjw,�
RaNae Edwards, City Clerk
Approved to Form A
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August 8, 2011 0 City A orney