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09/11/2008 Resolutions 2008-257 RESOLUTION 2008-257 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 Fonner 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 to assist with the Nebraska State Fair desires to have constructed a fifty thousand (50,000) square foot facility, with a cost not to exceed five million dollars ($5,000,000.00), located on land owned by the Hall County Livestock Improvement Association; and WHEREAS, the Fonner Park Exposition and Events Center, Inc. currently has a Management Agreement for another facility owned by the City of Grand Island, the Heartland Events Center, and the City finds that it would be beneficial to have the same management agent for the fifty thousand (50,000.00) square foot facility; and WHEREAS, Fonner Park Exposition and Events Center, Inc. should be positioned to most effectively fulfill the public purpose requirement of the lease purchase and furthermore coordinate the use of the facility as envisioned in LB 1116. 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 Amended and Restated Management Contract with the Fonner Park Exposition and Events Center, Inc. for the future management of the facility to be built by the Hall County Livestock Improvement Association to be used for the purposed outlined in LB 1116 and for the broader city public purposed. Adopted by the City Council of the City of Grand Island, Nebraska, September 11, 2008. Margaret H rnady, Mayor Attest: ~~ 0,lL s.~~0.~~ RaNae Edwards, City Clerk Approved as to Form ^ September 11, 2008 ^ City Attorney