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08/27/2013 Resolutions 2013-284 RESOLUTION 2013-284 WHEREAS, on March 9, 2004 the Grand Island City Council approved Resolution 2004-46 authorizing the City of Grand Island to lend One Hundred Thousand Dollars ($100,000.00) to the Grand Island Skeet and Sporting Clay Club to defray the expenses of relocating the skeet range to its present location at the Heartland Public Shooting Park; and WHEREAS, Ten Thousand Dollars ($10,000.00) of that loan remains unpaid; and WHEREAS, since 2004 the Grand Island Skeet and Sporting Clay Club has made over Two Hundred Thousand Dollars ($200,000.00) in capital improvements to the Heartland Public Shooting Park; and WHEREAS, in light of the above the City Council believes it to be equitable and in the best interests of the City to forgive the unpaid balance of the above referenced loan. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the unpaid balance of Ten Thousand Dollars ($10,000.00) of the loan made by the City to the Grand Island Skeet and Sporting Clay Club is hereby forgiven. Adopted by the City Council of the City of Grand Island,Nebraska, 4ugust 27, 2013. f ri ;,' ricek, ► a� Attest: Pt'ThCLO IP • RaNae Edwards, City Clerk Approved as to Form 0 "A Ars August 26,2013 0 City rir ney