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08/21/2014 Resolutions 2014-233 RESOLUTION 2014-233 WHEREAS, on November 12, 2008 the City of Grand Island(City) was awarded Community Development Block Grant(CDBG) 08-ED-009 from the Nebraska Department of Economic Development (NDED) in the amount of Seventy-Five Thousand Dollars ($75,000.00); and WHEREAS, on March 25, 2011 the City was awarded CDBG 10-ED-Ol0 from the NDED in the amount of Nine Hundred and Twenty-Five Thousand Dollars ($925,000.00); and WHEREAS, the NDED coupled the job creation requirements of both the aforementioned grants to total at least thirty-seven(37) full time jobs of which at least fifty-one percent(51%) must be held by or made available to low to moderate income persons and must be created no later than March 25, 2016 by a business or businesses locating in the Platte Valley Industrial Park East and must be maintained for a minimum period of one (1) year or at least until March 25, 2017; and WHEREAS, on July 27, 2010 the Grand Island City Council (Council) approved Resolution 2010-207 which approved an Economic Development Application submitted by the Grand Island Area Economic Development Corporation(GIAEDC) which incorporated the teuns of CBDG 10-ED-010; and WHEREAS, at the July 27, 2010 meeting of the Council, then City Administrator Jeff Pederson and then GIAEDC President Marlan Ferguson stated a Project Implementation Agreement would be entered into by the City and the GIAEDC setting forth the terms of each parties' responsibilities regarding CDBG 10-ED-010 and the development of the Platte Valley Industrial Park East; and WHEREAS, the aforementioned Project Implementation Agreement has never been drafted or executed by the City or the GIAEDC; and WHEREAS, City staff has attempted to discuss a Project Implementation Agreement with representatives of the GIAEDC to no avail; and WHEREAS, the Council believes it important the City and the GIAEDC memorialize in writing the terms of promises made by both parties regarding CDBG 10-ED-010 and the development of the Platte Valley Industrial Park East. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that City staff pursue negotiations with the GIAEDC to draft a Project Implementation Agreement and present to City Council at the October 14, 2014 City Council meeting. Approved as to Form • '` August 20,2014 a CI Forney Adopted by the City Council of the City of Grand Island, Nebraska, August 21, 2014. Jay Vavricek, Mayor ATTEST: RaNae Edwards, City Clerk Resolution #2014-233 was not approved by the City Council at their August 21, 2014 meeting. -2 -