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08/26/2014 Resolutions 2014-255 RESOLUTION 2014-255 A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF GRAND ISLAND CONFIRMING THE DESIGNATION OF AN ENHANCED EMPLOYMENT AREA BY THE COMMUNITY REDEVELOPMENT AUTHORITY OF THE CITY OF GRAND ISLAND, NEBRASKA; AND CONFIRMING THAT SUCH REAL PROPERTY IS ELIGIBLE FOR THE IMPOSITION OF AN OCCUPATION TAX PURSUANT TO THE COMMUNITY DEVELOPMENT LAW, CHAPTER 18, ARTICLE 21, REISSUE REVISED STATUTES OF NEBRASKA, AS AMENDED WHEREAS, the City of Grand Island, Nebraska (the "City") has determined it necessary, desirable, advisable, and in the best interests of the City to undertake and carry out redevelopment projects in certain areas of the City that are determined to be blighted and substandard and in need of redevelopment; and WHEREAS, the Community Development Law, Chapter 18, Article 21, Reissue Revised Statutes of Nebraska, as amended (the "Act"), prescribes the requirements and procedures for designating areas of the City as blighted and substandard under the Act, which areas are designated by the Act as community redevelopment areas (herein the "Redevelopment Area"); and WHEREAS, the City has, by its ordinance created the Community Redevelopment Authority of the City of Grand Island (the "Authority"); and WHEREAS, Section 18-2103(22) of the Act provides that the Authority may designate a portion of a Redevelopment Area as an "enhanced employment area" eligible for the imposition of an occupation tax for the purposes set forth in Section 18- 2142.02 and 18-2142.04 of the Act. WHEREAS, on April 24th, 2012, the Mayor and Council of the City held a public hearing in the Council Room at the Grand Island City Hall in the City, all in accordance with the requirements of the Act and by Resolution No 2012-114 did find and determine that certain area more fully described below (the "Redevelopment Area") be declared blighted and substandard and in need of redevelopment as required by the Act; and WHEREAS, the owners of the Redevelopment Area have requested that the Authority designate the Redevelopment Area as an "enhanced employment area' pursuant to Section 18-2103(22) of the Act and determine the same to be eligible for the imposition of an occupation tax pursuant to said Section; and WHEREAS, the Authority has determined, by its Resolution No 180 that the Redevelopment Area is an "enhanced employment area" as defined in the Act and eligible for imposition on an occupation tax in accordance with the Act. ,A e. .0 4,1 1-0-Pv. - 0r. .47;'- - Cir Mir NOW THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA AS FOLLOWS: Section 1. The Mayor and City Council hereby confirm that the Redevelopment Area is an "enhanced employment area" as described in Section 18-2103(22) of the Act and is an area eligible for the imposition of an occupation tax for the purposes set forth in Sections 18-2142.02 and 18-2142.04 of the Act. The Redevelopment Area is more particularly described as follows, to wit: A tract of land comprising all of Lot Ten (10), Grand Island Mall Eighth Subdivision and all of Lot Two (2), Grand Island Mall Fifteenth Subdivision, all in the City of Grand Island, Hall County, Nebraska, and containing 16.428 acres more or less. EXCEPTING THEREFROM A tract of land comprising a part of Lot Ten (10), Grand Island Mall Eighth Subdivision and a part of Lot Two (2), Grand Island Mall Fifteenth Subdivision, all in the City of Grand Island, Hall County, Nebraska, and more particularly described as follows: Beginning at the northwest corner of said Lot Ten (10); thence running easterly on the north line of said Lots Ten (10), on an Assumed Bearing of N89°47'33"E, a distance of Two Hundred Thirty Five (235.00) feet, to the Actual Point of Beginning; thence continuing N89°47'33"E, on the north line of said Lot Ten (10) and said Lot Two (2), a distance of Two Hundred Fifty Three and Fifty Hundredths (253.50) feet; thence running S00°12'27"E, a distance of Two Hundred Six (206.00) feet; thence running S89°47'33"W, a distance of Two Hundred Fifty Three and Fifty Hundredths (253.50) feet; thence running N00°12'27"W, a distance of Two Hundred Six (206.00) feet, to the Actual Point Of Beginning and containing 1.672 acres more or less. Net 14.756 acres more or less. Section 2. This Resolution shall take effect as provided by law. DATED: August 26, 2014. THE CITY OF GRAND ISLAND, NEBRASKA By: _' /J.y V.vricek, Mayor ATTEST: Qui. RaNae Edwards, City Clerk