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05/08/2018 Ordinances 9685ORDINANCE NO. 9685 An ordinance directing and authorizing the sale of Parcel No. 400052547, addressed as 2011 North Sycamore Street, City of Grand Island, Hall County, Nebraska to River Pointe, LLC; providing for the giving of notice of such conveyance and the terms thereof; providing for the right to file a remonstrance against such conveyance; providing for publication and the effective date of this ordinance. BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA: SECTION 1. The conveyance by warranty deed to River Pointe, LLC, a Nebraska Limited Liability Company ("Buyer"), of the City's interests in and to Parcel No. 400052547, address as 2011 North Sycamore Street, Grand Island, Hall County, Nebraska is hereby approved and authorized. SECTION 2. Consideration for such conveyance shall be One Dollar ($1.00) and other valuable considerations. SECTION 3. As provided by law, notice of such conveyance and the terms thereof shall be published for three (3) consecutive weeks in the Grand Island Independent, a newspaper published for general circulation in the City of Grand Island. Immediately after the passage and publication of this ordinance, the City Clerk is hereby directed and instructed to prepare and publish said notice. SECTION 4. Authority if hereby granted to the electors of the City of Grand Island to file a remonstrance against the conveyance of such within described real estate; and if a remonstrance against such conveyance signed by registered voters of the City of Grand Island equal in number to thirty percent (30%) of the registered voters of the City of Grand Island Approved as to Form tt May 9, 2018 x City orney ORDINANCE NO. 9685 (Cont.) voting at the last regular municipal election held in such City be filed with the City Council within thirty (30) days of passage and publication of such ordinance, said property shall not then, nor within one (1) year thereafter, be conveyed. SECTION 5. The conveyance of said real estate is hereby authorized, directed and confirmed; and if no remonstrance4 be field again such conveyance, the Mayor shall make, execute and deliver to Buyer, a warranty deed for said real estate, and the execution of such deed is hereby authorized without further action on behalf of the City Council. SECTION 6. This ordinance shall be in force and take effect from and after its passage and publication, within fifteen (15) days in one issue of the Grand Island Independent as provided by law. Enacted: May 8, 2018. Attest: �� �� RaNae Edwards, City Clerk -2- Jeremy . nsen y r :�0� G�~O /s�2 � �S3�r� c * �.. �... * °� �o,�� �YEBRAS`�P _�