12/22/2020 Resolutions 2020-349R E S O L U T I O N 2020-349
WHEREAS, on November 6, 2012, the voters of the City of Grand Island approved a
new ten year Economic Development Program in conformity with Neb. Rev. Sta.tute No. 13-315 and
18-2710 (LB840); and
WHEREAS, the program provides far $350,000 in annual funding to be provided by
the City of Grand Island; and
WHEREAS, a request has been made by the Grand Island Area Economic
Development Corporation and the Economic Development Program's Citizens Advisory Review
Committee for the payment of $350,000 to be used for inbound and outbound marketing and
business recruitment initiatives.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that approval is given to forward $350,000 in City
funding to the Grand Island Area Economic Development Corporation in accordance with the
Economic Development Program in quarterly allocations of $87,500.
Adopted by the City Council of the City of Grand Island, Nebraska, December 22, 2020.
r. �
Ro r G. Steele, Mayor
Attest:
��o.�
RaNae Edwards, City Clerk
Approved as to Form �
December 21, 2020 II City Attomey