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01/13/2009 Resolutions 2009-10RESOLUTION 2009-10 WHEREAS, the City of Grand Island, Nebraska, has been awarded a Community Development Block Grant (CDBG) through the Nebraska Department ofEconomic Development for economic development and planning for the Cornhusker Industrial Park; and WHEREAS, the City will provide Certified Grant Administration for this CDBG grant project and facilitate the distribution of up to $75,000 in grant funds to the Grand Island Area Economic Development Corporation (GIAEDC); and WHEREAS, the Department of Commerce, Economic Development Agency has committed a $75,000 match to the GIAEDC for a total projected project cost of $150,000; and WHEREAS, it would be efficient to have the Grand Island Area Economic Development Corporation carry out the planning activities set forth in the grant award documents rather than duplicate efforts; and WHEREAS, the GIAEDC agrees to follow all standards, recordkeeping, and reporting requirements of the applicable State and Federal agencies in performing the grant project. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the City of Grand Island, Nebraska hereby enters into an agreement with the GIAEDC to carry out the economic development planning project for the Cornhusker Industrial Park 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, January 13, 2009. Margaret ornady, Mayor Attest: ~~~. ~~~ RaNae Edwards, City Clerk Approved as to Form o ~~;<,3 tpµ~ January 13, 2009 o City Attorney