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09/11/2008 Resolutions 2008-256• • RESOLUTION 2008-256 WHEREAS, the Nebraska State Unicameral passed Legislative Bill 1116 which allows for the relocation of the Nebraska State Fair from Lincoln, Lancaster County, to Grand Island, Hall County, on property known as Former Park; and WHEREAS, the City Council, for the City of Grand Island, in consideration of LB 1116 has considered the impact of the State Fair upon the City of Grand Island; and WHEREAS, the City of Grand Island wishes to participate with the relocation efforts; and WHEREAS, for the City to participate, it intends to assist by the construction of a facility to be used for the Nebraska State Fair and also for a broader public purpose on land leased from the Hall County Livestock Improvement Association. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the Mayor is hereby authorized to, on behalf of the City, execute the Lease agreement in accordance with the terms and conditions generally outlined in the Lease enclosed in the packet to allow for the construction of a fifty thousand (50,000) square foot building, with the project cost not to exceed five million dollars ($5,000,000.00). Adopted by the City Council of the City of Grand Island, Nebraska, September 11, 2008. Margaret ornady, Mayor Attest: ~~~~~ ~~ RaNae Edwards, City Clerk Approved as to Form ^ ~~? September 11, 2008 ~ CityAttorney