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06/22/2021 Resolutions 2021-148RESOLUTION 2021-148 WHEREAS, On October 8, 2019, via Resolution No. 2019-306, City Council approved the acquisition of 3505 W Old Potash Highway from Reece Construction Co., Inc., in the amount of $696,000.00, to allow for improvements along the Old Potash Highway corridor; and WHEREAS, the driveway that served 3505 W Old Potash Highway was too close to the intersection of Old Potash Highway and US Highway 281, with the proposed improvements not allowing for the driveway to remain and still provide a safe roadway; and WHEREAS, the business, Construction Rental, previously located at 3505 W Old Potash Highway has relocated to 3974 Westgate Road; and WHEREAS, there was an extensive amount of personal property within the business location that was relocated from 3505 W Old Potash Highway to 3974 Westgate Road; and WHEREAS, Efforts were made to identify all items to be moved through the business relocation study; and WHEREAS, a replacement site had not been identified when the business relocation study was prepared and therefore estimates to move some items could not be anticipated; and WHEREAS, the business relocation study noted that additional costs would be incurred in order to move to the replacement property; and WHEREAS, this displaced business has submitted paid receipts for reimbursement for the following incurred expenses associated with their relocation Approved as to Form tt June 21, 2021 � City Attomey Direct loss of tangible personal property and purchase of substitute personal $25,959.26 property- j ib crane Purchase and connection of substitute personal property- oil/sand separator $21,883.74 system, catch basin materials, installation of the oil/sand separator s stem Searching expenses $2,500.0 Reestablishment expenses- purchase and installed an updated fuel tank system, concrete pad needed for the fuel tanks, 6" concrete paving to support $25,000.00 hea construction e ui ment traffic, re uired landscapin at replacement site TOTAL $193,130.09 NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the relocation expenses of Construction Rental, Inc. in the amount of $193,130.09 are hereby approved. Adopted by the City Council of the City of Grand Island, Nebraska, June 22, 2021. Rog G. Steele, Mayor Attest: Q � ��� RaNae Edwards, City Clerk -2-