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06/10/2014 Resolutions 2014-166 RESOLUTION 2014-166 WHEREAS, in the early 1990s the City of Grand Island installed a water line in a portion of the Ponderosa Lake Estates Subdivision without first obtaining the necessary construction and permanent easements; and WHEREAS, the City Legal Department negotiated a settlement with the Ponderosa Lake Estates Subdivision Homeowners Association, Inc. containing terms granting the City a permanent easement for the water line in question and releasing it from any present and future claims arising out of the installation of said water line; and WHEREAS, the City Legal Department advises approving the Release and Settlement Agreement is in the best interests of the City. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the City approves the Release and Settlement Agreement with the Ponderosa Lake Estates Subdivision Homeowners Association, Inc. and authorize the Mayor to execute the same on behalf of the City. Adopted by the City Council of the City of Grand Island, Nebraska, June 10, 2014. Jay Vavricek, Mayor ATTEST: RaNae Edwards, City Clerk Resolution #2014-166 was pulled from the June 10, 2014 City Council agenda. Approved as to Form • ; June 9,2014 II CT IM