04/14/2009 Resolutions 2009-91RESOLUTION 2009-91
WHEREAS, the City of Grand Island is interested in entering into a lease agreement
with the State of Nebraska, Department of Administrative Services for 78.39 acres of land south of
Eagle Scout Lake, west of Broadwell Avenue and north of Highway 2; and
WHEREAS, the State of Nebraska, Department of Administrative Services has
expressed an interest in leasing such property to the City of Grand Island for 99 years for a nominal
sum of $1 per year, with a potential change in terms should the Nebraska State Fair not locate in
Grand Island prior to January 1, 2015; and
WHEREAS, a public hearing was held on April 14, 2009, for the purpose of
discussing the proposed lease ofproperty fromthe State ofNebraska, Department ofAdministrative
Services.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the City of Grand Island is hereby authorized
to enter into a lease agreement for 78.39 acres of land located south of Eagle Scout Lake, west of
Broadwell Avenue and north ofHighway 2 with the State ofNebraska, Department ofAdministrative
Services for 99 years for a nominal sum of $1 per year in accordance with the terms and conditions
set out in the Lease Agreement; and the Mayor is hereby authorized and directed to execute such
Lease Agreement on behalf of the City of Grand Island.
Adopted by the City Council of the City of Grand Island, Nebraska, April 14, 2008.
Margare Hornady, Mayor
Attest:
~~~ ~~~
RaNae Edwards, City Clerk
Approved as to Form p ~ y SJ
April 13, 2009 R CityAttorney