09/25/2012 Resolutions 2012-271 RESOLUTION 2012-271
WHEREAS, in 2009, the City of Grand Island was awarded a $993,712
Neighborhood Stabilization Program Grant from the Nebraska Department of Economic
Development for property acquisition, demolition, redevelopment of new housing, housing
administration, and general administration; and
WHEREAS, in September 2010, the Department of Economic Development
awarded an extra $190,000 to the City for additional demolition and redevelopment; and
WHEREAS, the project enabled the City to demolish 11 blighted structures and
fund the construction of eight (8) new houses on a portion of the lots; and
WHEREAS, the actual New Construction costs for the redevelopment of
demolished properties was more than originally anticipated for and the Clearance/Demolition costs
were less than the original anticipated amount; and
WHEREAS, reallocating $4,000 from Clearance/Demolition (030) to New
Construction (542) will allow the city to finalize all outstanding housing expenses; and
WHEREAS, required documents for the budget amendment request have been
prepared and must be submitted to the Nebraska Department of Economic Development for
authorization.
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 request a budget
amendment for Neighborhood Stabilization Program Grant 09-3N-11.
Adopted by the City Council of the City of Grand I sland, Nebraska, September 25, 2012.
illArVavric,.k, Mayor
Attest:
alLAD• S
RaNae Edwards, City Clerk
Approved as to Form a / •
September 24,2012 o City A ney