04/23/2019 Resolutions 2019-149RESflL�1TI01`�d 2019-149
WHEREAS, the City of Grand Island, Nebraska, a municipal corporation and city of the first
class, has determined it be desirable to undertake and carry out urban redevelopment projects in areas
of the City which are determined to be substandard and blighted and in need of redevelopment; and
VV�IEREAS, the 1Vebraska Community Development La�v, Chapter 18, Article 21, I�ebraska
Reissue Revised Statutes of 2007, as amended (the "Act"), prescribes the requirements and
procedu.res for the planning and implementation of rede�elopm�nt projects; and
W�IEREAS, the City has previously declared Redevelopment Area No. 1 of the City to be
substa�dard and blighted and in need of redevelopment pursuant to the Act; and
VVHEREAS, the Community Redevelopment Authority of the City of Grand Island, Nebraska
(�he "Authority"), has prepared a Redevelopment Plan pursuant to Section 18-2111 of the Act, and
r�commended the Redevelopment Plan to the Planning �ammission of the City; and
WHEREAS, the Planning Commission of th� City re�iewed the Redevel��ment Plan
pursuant to t1�e Act and submitted its recommendations, to the City, purs�aa.nt to Section 18-2 � 14 of
the Act; and
WI�EREAS, following consideration of the recommendatior�s of the Authority to the
Plannir_g Commission, the recommendations o�f tl�� Pianning Commissior to the City, and following
the public hear'rng with respect to the Redevelopmerit Plan, the City approved the Plan; and
WI�E�tEAS, there has been presented to the City by the Authority for approval a specific
Redevelopment Project within the Red�velapment Plan and as authorized in the I��development
Plan, such proj ect to be as follows: to acquire, rehabilitate and reconstruct the Greenburgers Building
221-223 W 3rd Street in Grand Island for commercial and residential uses. All r�developrrzent
activiiies will occur in Grand Island, Hall County, Nebraska; and
WHEREAS, the City published notices of a public hearing and mailed notices as required
purs�arit ta Section 18-2115 of the Act and has, on the date of the Resolution held a public hearing
on the proposal to amend the Redevelopment Plan to include the Redeveloprrzeni Project described
above.
N�W, THEREFORE, be it resolved by the City Council of th� C�ty of Grand Island,
Nebraska:
Approved as to Form �
April 22, 2019 ity ttorney
1. The Redevelopment Plan of the City approved for Redevelopment Area No. 1 in the city of
Grand Island, Hall Couniy, Nebraska, includ�ng the IZedevelopment P�oject described above,
is hereby determined to be feasible and in conformity �vith the general plan ��or the
develo�ment of the City of Grand Island as a whole and the Redevelopment Pl�n, including
ihe Redevelopment Proj ect ide�tified above, is in conformity with the legisl�tiv� declarations
and d�terminations set forth in the Act; and it is hereby found and det�rmined that (a) the
redevelopment proj ect in the plan would not be economically feasible without the use of tax-
incrernent financing, (b) the redevelopment project would not occur in the community
redevelopment area without the use of tax-increment financing, and (c) the costs and benefits
of the redevelopment project, including costs and benefits to ath�r affected political
subdivisions, the economy of the community, and the demand for public and private services
have been analyzed by the City and have been found to be in the long-term best interest of
the cam�nunity impacted by the r�d.�velopment project. The City acknowledges receipt o�
notice of intent to enter into th� IZedevelopm��t Contr�ci in accordance �i�k� �ection 18-
2119 of the Act and of the recommendations of the Authority and ihe Pl�nning Commission.
2. Approval of the Redevelopment Plan is hereby ratified and reaffirmed, as amended by this
�esolution, a�d the Authority is hereby directed to implem�nt the Redevelopment Plan in
accordance with the Act.
3. Pursuant to Section 18-2147 of the Act, ad valorem taxes levied upon real property in the
I�ede��lopment Proj ect included or authorized in the Plan which is described above shall be
divided, for a period not to exceed 1� years after the eff�ctive date of this pro���ion, which
effeciive date shall set by the Community Redevelopment Authority i_n_ the rec�evelopment
contract as follows:
a. That proportion of the ad valorem tax which is produced by levy at the rate fixed
each year by or for each public body up€�n th� Redevelopm�nt Project Valuation (as
defined in the Act) shall be paid into the fiands of each su�h pubiic body in tl�e same
proportion as all other taxes collected by or for the bodies; and
b. That proportion of the ad valorem tax on real properfy in the Redevelopment Projeci
in excess of such amount, if any, shall be allocated ta, is pledged ��, and, when
collecied, paid into a special fund of the Authority to pay the principal of, the interest
on, and any premiums due in connection with the bonds, loans, not�s or advances of
money to, or indebtedness incurred by, whether funded, reiunded, assumed, or
otherwise, such Authority for finan�ing or refi�ar�cing9 in whol� or in part, such
Redevelopment Project. When such bonds, loan.s, not�s, adva��ces of ma�ey, or
indebtedness, including interest and premium due have been paid, the Authority shall
so not?fy the County Assessor and Co�anty Treasurer and all ad valor�?-r taxes upon
real property in such Redevelopment Project shall be paid into the funds of th�
� respective public bodies.
c. The Mayor and City Clerk �,re autharized and directe� to execute and file or cause to
be filed vvith the Treasurer and Assessor of Ha11 County, Nebraska, an Allocation
�
Agreement and Notice of Pledge of Taxes with respect to each Redevelopment
Proj ect.
4. The City hereby finds and determines that the proposed land uses and building requirements
in the Redevelopment Area are designed with the general purpos�s of accomplishing, in
a�cordance with the general plan for development of the City, a coordinated, adjusted and
harmonious development of the City and its environs which will, iaa accardan.ce with present
and future needs, promote health, safety, morals, order, convenience, prosperity; and the
general welfare, as well as efficie�cy �nd econ�my in the pracess of develo�srr�e�.t; including,
aYnong oiher things, adequate provision for traffic, vehicular parking9 the promotion of safety
from fire, panic, and other dangers, adequate provision for lighi and air, the promotion of a
healthful and convenient distribution of population, the provision of adequate transportatian,
€�vater, sewerage, and other public utilities, schools, parks, recreation and comm�anity
facilities, and other public requirerne�ts, the promotion of sound design and arrangement, the
wise and efficient expenditure of public funds, and the prevention of the recurrence of
unsanitary or unsafe d�velling accommodations, or conditions of blight.
Adopted by the City Council af the City of Granci Island, Nebraska, Apri123, 2019.
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t�ttest:
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RaNae Edwards, City Clerk
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Ro r G. Steele, Mayor