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09/09/2008 Ordinances 9188ORDINANCE N0.9188 An ordinance directing and authorizing the sale of real estate to David C. Hill; providing for the giving of notice of such conveyance and the terms thereof; providing for the right to file a remonstrance against such conveyance; providing for publication and the effective date of this ordinance. BE IT ORDAINED BY THE MAYOR AND COUNCII. OF THE CITY OF GRAND ISLAND, NEBRASKA: SECTION 1. The City of Grand Island, Nebraska, will convey to David C. Hill. a tract of land legally described as: Lots Twelve and Thirteen (12 & 13) of Campbell's Subdivision to the City of Grand Island, Hall County, Nebraska SECTION 2. In consideration for such conveyance the purchaser shall pay the City the sum of Seventy Thousand and No/100 Dollars ($70,000.00). The buyer will be responsible for the costs of recording the deed and one half the cost of a title insurance owner's policy and all the cost of any lender's policy. Conveyance of the real estate above described shall be by warranty deed, upon payment of the consideration pursuant to the terms and conditions of an Agreement for Warranty Deed between the parties. SECTION 3. As provided by law, notice of such conveyance and the terms thereof shall be published for three consecutive weeks in the Grand Island Independent, a newspaper published for general circulation in the City of Grand Island. Immediately after the passage and publication of this ordinance, the City Clerk is hereby directed and instructed to prepare and publish said notice. Approved as to Form r September 8, 2008 ^ City Attorney ORDINANCE N0.9188 (Cont.) SECTION 4. Authority is hereby granted to the electors of the City of Grand Island to file a remonstrance against the conveyance of such within described real estate; and if a remonstrance against such conveyance signed by registered voters of the City of Grand Island equal in number to thirty percent of the registered voters of the City of Grand Island voting at the last regular municipal election held in such City be filed with the City Council within thirty days of passage and publication of such ordinance, said property shall not then, nor within one year thereafter, be conveyed. SECTION 5. The conveyance of said real estate is hereby authorized, directed and confirmed; and if no remonstrance be filed against such conveyance, the Mayor shall make, execute and deliver to David C. Hill a warranty deed for said real estate, and the execution of such deed is hereby authorized without further action on behalf of the City Council. SECTION 6. This ordinance shall be in force and take effect from and after its passage and publication, within fifteen days in one issue of the Grand Island Independent as provided by law. Enacted: September 9, 2008. Margar t Hornady, Mayor f, I! Attest: ~W ~ RaNae Edwards, City Clerk ~~ RRR iY•nIRy~RR. L,X R.., lM,;.P ~~ °s ~ ,t ®~~~~ ll/r l~~~ s~ f e •sRRr•R"RReR ~~ ! R Approved as to Form . 2 - September 8, 2008 ~ City Attorney