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11/04/2008 Resolutions 2008-312RESOLUTION 2008-312 WHEREAS, the City of Grand Island, Nebraska, is an eligible unit of a general local government authorized to receive Community Development Block Grant (CDBG) funds through the Nebraska Department of Economic Development; and WHEREAS, the Nebraska Department of Economic Development is offering grant funding for a CDBG Economic Development Public Infrastructure grant application; and WHEREAS, the City will apply for and administer a $506,000 Economic Development Grant, which includes $6,000 for general administration, to develop infrastructure for the attraction of a metal manufacturing business; and WHEREAS, matching funds for the project will be requested from the Community Redevelopment Authority; and WHEREAS, the Nebraska Department of Economic Development presently requires a public hearing to accept comments and inform the public on the status of the proposed project and grant application; and WHEREAS, a public hearing notice was published in the October 25 2008 Grand Island Independent and the public hearing on November 4, 2008 offered the public opportunity to make such comments to the City Council. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the City of Grand Island, Nebraska is hereby authorized to apply for financial assistance from the Nebraska Department ofEconomic Development for Economic Development Public Infrastructure and the Mayor is hereby authorized and directed to execute such proceedings on behalf of the City of Grand Island for such grant programs. Adopted by the City Council of the City of Grand Island, Nebraska, November 4, 2008. Margare Hornady, Mayor Attest~,~ ,. P ul ,Deputy City Clerk Approved as to Form Q November 13, 2008 n City Attorney