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11/25/2014 Resolutions 2014-348 RESOLUTION 2014-348 WHEREAS, the Utilities Department owns property at 2410 — 2412 South Webb Road which was purchased in the 1960's to allow for the construction of power lines to serve the original Case New Holland facility; and WHEREAS,included with this property were two advertising billboards which have had land leases with the Utilities Department to allow for the use of this property; and WHEREAS, a five year renewal of the land lease for the sign at 2410 S.Webb Road was negotiated by Utilities Department Staff and the teiitis are considered consistent with market conditions for this type of lease. NOW, THEREFORE,BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND,NEBRASKA,that the Land Lease with Tri-City Sign Company for an advertising billboard at 2410 S. Webb Road is hereby approved, and the Mayor is hereby authorized to sign the Lease on behalf of the City of Grand Island. Adopted by the City Council of the City of Grand Island,Nebras. .,Novem.e 25, 2014. i j - Chuc' :_ne, Council President Attest: RaNae Edwards, City Clerk Approved as to Form n w 4 November 24,2014 n mey