07/24/2012 Resolutions 2012-194 RESOLUTION 2012-194
WHEREAS,the City of Grand Island,Nebraska,a municipal corporation and city of the first
class,has detei mined it be desirable to undertake and carry out urban redevelopment projects in areas
of the City which are detenutined to be substandard and blighted and in need of redevelopment; and
WHEREAS,the Nebraska Community Development Law,Chapter 18,Article 21,Nebraska
Reissue Revised Statutes of 2007, as amended (the "Act"), prescribes the requirements and
procedures for the planning and implementation of redevelopment projects; and
WHEREAS, the City has previously declared Redevelopment Area No. 8 of the City to be
substandard and blighted and in need of redevelopment pursuant to the Act; and
WHEREAS,Chief Industries Inc.,a Delaware Corporation(the"Developer),has purchased
the former Aurora Coop Property located entirely within Redevelopment Area No. 8,
WHEREAS,various activities are necessary to facilitate the redevelopment of the property
owned by the Developer including: demolition of the existing structures, clearing and grading the
property, and installation of a city water main across the property.
WHEREAS,the Community Redevelopment Authority of the City of Grand Island,Nebraska
(the "Authority"), the Developer and wish to enter into a memorandum of understanding with the
City of Grand Island regarding the various activities necessary to facilitate the redevelopment of the
property; and
WHEREAS, the Authority and the Developer have previously approved and signed the
memorandum of understanding, and
WHEREAS,the Authority has granted funds in the amount of$100,000 toward clearance of
the site to the Developer, and
WHEREAS, this memorandum of understanding is in the best interests of the general
welfare, as well as efficiency and economy in the process of development; including, among other
things,adequate provision for traffic,vehicular parking,the promotion of safety from fire,panic,and
other dangers, adequate provision for light and air, the promotion of a healthful and convenient
distribution of population, the provision of adequate transportation, water, sewerage, and other
public utilities, schools,parks,recreation and community facilities, and other public requirements,
the promotion of sound design and arrangement,the wise and efficient expenditure of public funds,
and the prevention of the recurrence of unsanitary or unsafe dwelling accommodations,or conditions
of blight.
NOW, THEREFORE, be it resolved by the City Council of the City of Grand Island,
Nebraska that The Mayor and City Clerk are authorized and directed to execute the attached
memorandum of understanding.
Approved as to Form la IPA%
July 23,2012 a City Attorney
Adopted by the City Council of the City of Grand Island, Nebraska, July 24, 2012.
N
A , -.
Apr
/avric , Mayor
Attest:
(:),c--),
RaNae Edwards, City Clerk
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