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06/13/2017 Resolutions 2017-174RESOLUTION 2017-174 WHEREAS, Farm Progress produces the annual Husker Harvest Days show at the site of the former Cornhusker Army Ammunition Plant ("CAAP"), a site that was formerly owned by the United States and under the jurisdiction of the United States Secretary of Defense; and WHEREAS, a study is in progress to determine whether the CAAP site may be declared a blighted and substandard area as such terms are defined by Nebraska Revised Statutes Section 18-2103(10) and (11); and WHEREAS, the Husker Harvest Days show site is in need of substantial infrastructure improvements designed to improve the safety of attendees, exhibitors and their properties, to enhance the event's national and international stature as the premier irrigated farm show, and to promote future investment at CAAP thereby arresting or retarding blighted and substandard conditions at CAAP; and WHEREAS, necessary site improvements costing approximately $9,000,000 are needed at the Husker Harvest Days site of which Farm Progress is seeking the City's project participation through a forgivable loan not to exceed $2,000,000 from the Community Redevelopment Authority, utilizing funds provided by the City; and WHEREAS, representatives of Farm Progress engaged City staff in initial discussions regarding a possible redevelopment plan and redevelopment contract for the Husker Harvest Days show site. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, City staff should be and are hereby authorized and directed to continue to work with Farm Progress on a proposed redevelopment plan and redevelopment contract for infrastructure improvements at the Husker Harvest Days show site. Any redevelopment plan and redevelopment contract for the Husker Harvest Days site shall be subject to further review, consideration, and action by the City Council, and shall not be binding upon unless presented to and approved by the City Council. Adopted by the City Council of the City of Grand Island, Nebraska, June 13, 2017. Attest: 1�� ,���,�o,.r,.�., RaNae Edwards, City Clerk � Jer L.Jen en ayor Approved as to Form � June 13, 2017 tt ity rney