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03/26/2012 Resolutions 2012-74RESOLUTION 2012-74 WHEREAS, on June 27, 1994, the City of Grand Island enacted Ordinance No. 8021 creating the Community Redevelopment Authority of the City of Grand Island, Nebraska, to address the need for economic development opportunities through the vehicles provided in the Nebraska Community Development law at Neb. Rev. Stat. § 18-2101, et seq., as amended; and WHEREAS, the Community Redevelopment Authority for the City of Grand Island caused to be prepared a Blight/Substandard Study for an area located south of Anna Street along Adams Street and north of Fonner Park Road and east of Lincoln Avenue, referred to as Area No. 8; and WHEREAS, Olsson Associates along with Marvin Planning Consultants and Ken Bunger completed such Blight/Substandard Study and has determined that the area should be declared as substandard or blighted areas in need of redevelopment; and WHEREAS, the study was presented to the Community Redevelopment Authority at its February 15, 2012 meeting; and WHEREAS, on February 15, 2012, the Grand Island Community Redevelopment Authority accepted a Blight/Substandard Study for Redevelopment Area No. 8 as prepared by Olsson -� Associates; and WHEREAS, the Regional Planning Commission held a public hearing and recommended approval of such study at its March 7, 2012 meeting; and WHEREAS, a public hearing was held on March 26, 2012. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the Blight/Substandard Study for Redevelopment Area No. 8 as identified above is hereby approved, and those areas identi�ed in said study are declared to be blighted and substandard and in need of redevelopment as contemplated in the Community Development law. Adopted by the City Council of the City of Gra Attest: �. � ��� RaNae Edwards, City Clerk Approved as to Form � March 26, 2012 b City A omey