04/14/2015 Resolutions 2015-98 - RESOLUTION 2015-98
WHEREAS, the City of Grand Island, Nebraska was awarded a$993,000 Neighborhood
Stabilization Program(NSP)grant from the Nebraska Department of Economic Development; and
WHEREAS, after the grant's initial completion,a NSP Re-Use Fund was created for use of
recaptured funds from the original grant; and
WHEREAS,Habitat for Humanity is a nonprofit housing developer partnering on the grant
and are eligible to make use of the NSP Re-Use Fund; and
WHEREAS, the City must enter into a Development Agreement with each organization to
move forward with construction of new housing.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND,NEBRASKA,that The City of Grand Island,Nebraska is hereby
authorized to enter into a Development Agreement with Habitat for Humanity and the Mayor is
hereby authorized and directed to execute such contracts.
Adopted by the City Council of the City of Grand Island, Nebraska, April 14, 2015.
/`��✓/
Jerem . Jensen, ayor
Attest:
RaNae Edwards, City Clerk
Approved as to Form a
April 13,2015 a City 01 ey