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03/25/2014 Ordinances 9478 ill c) cn T1 1 :P r' fw' 8 m c=11 C. C` CO -Ti lab 1--4 -.I ® Cn J s C ; 1 t, ry -.� , ? cn .)).... r ' _. Cli cn Co '5'; 7 i ( .�� 0 *This Space Reserved for Register of Deeds * G°' ORDINANCE NO. 9478 4X11 . An ordinance directing and authorizing the sale of real estate to Michael Lilienthal, buyer; providing for the giving of notice of such conveyance and the terms thereof; providing for the right to file a remonstrance against such conveyance; providing for publication and the effective date of this ordinance. BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA: SECTION 1. The City of Grand Island, Nebraska, will convey to Michael Lilienthal, two tracts of land legally described as: Tract 1: A miscellaneous tract of land containing 34.67 acres in the East %2 of the Northeast 1', Section 15, Township 11 North, Range 9 West of the 6th P.M., City of Grand Island, Hall County,Nebraska. Tract 2: A miscellaneous tract of land containing 20.60 acres in the East %Z of the Northeast '/, Section 15, Township 11 North, Range 9 West of the 6th P.m., City of Grand Island, Hall County,Nebraska. Return to: RaNae Edwards Approved as to Form City Clerk March 24,2014 0 Cit"Forney 100 East 1st Street Grand Island NE 68801 1401779 ORDINANCE NO. 9478 (Cont.) SECTION 2. In consideration for such conveyance the buyer shall pay the City the sum of Five Hundred Eighty-Three Thousand and Nine Hundred and No/100 Dollars ($583,900.00). The buyer will be responsible for the costs of recording the deed and one half the cost of a title insurance owner's policy and all the cost of any lender's policy. Conveyance of the real estate above described shall be by warranty deed, upon payment of the consideration pursuant to the terms and conditions of the Purchase Agreement between the parties. SECTION 3. As provided by law, notice of such conveyance and the terms thereof shall be published for three consecutive weeks in the Grand Island Independent, a newspaper published for general circulation in the City of Grand Island. Immediately after the passage and publication of this ordinance, the City Clerk is hereby directed and instructed to prepare and publish said notice. SECTION 4. Authority is hereby granted to the electors of the City of Grand Island to file a remonstrance against the conveyance of such within described real estate; and if a remonstrance against such conveyance signed by registered voters of the City of Grand Island equal in number to thirty percent of the registered voters of the City of Grand Island voting at the last regular municipal election held in such City be filed with the City Council within thirty days of passage and publication of such ordinance, said property shall not then, nor within one year thereafter,be conveyed. SECTION 5. The conveyance of said real estate is hereby authorized, directed and confirmed; and if no remonstrance be filed against such conveyance, the Mayor shall make, execute and deliver to Michael Lilienthal, a warranty deed for said real estate, and the execution of such deed is hereby authorized without further action on behalf of the City Council. - 2 - 1401779 ORDINANCE NO. 9478 (Cont.) SECTION 6. This ordinance shall be in force and take effect from and after its passage and publication, within fifteen days in one issue of the Grand Island Independent as provided by law. Enacted: March 25, 2014. APPP .: Tay V vricek, Mayor Attest: oks— MLADCOM.&., RaNae Edwards, City Clerk {z - 3 -