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07/27/2021 Resolutions 2021-187RESOLUTION 2021-187 WHEREAS, Grand Island Children's Museum, Inc. ("Museum") is seeking City Council approval of a non-binding Memorandum of Understanding ("MOU") for an option to lease the city-owned former armory building and grounds located at Old Potash Highway; and WHEREAS, the MOU outlines the basic elements of a proposed option to lease agreement; and WHEREAS, negotiation of a formal option agreement and lease form will follow City Council approval of this resolution; and WHEREAS, a formal option agreement and lease form will require future City Council consideration and action. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the non-binding Memorandum of Understanding for Option to Lease by and between the City of Grand Island and Grand Island Children's Museum, Inc., is approved. Adopted by the City Council of the City of Grand Island, Nebraska, Ju1y 27, 2021. Ro G. Steele, Mayor Attest: �o�. asL (_�C RaNae Edwards, City Clerk Approved as to Fortn tt July 26, 2021 tt Ciiy Attorney