05/24/2022 Resolutions 2022-147RESOLUTION 2022-147
WHEREAS, the sale of Lot 3 in Veterans Legacy South Subdivision was approved by
the adoption of Ordinance No. 9875; and
WHEREAS, the terms of the purchase sale agreement included title insurance gap
coverage and a restrictive covenant agreement; and
WHERAS, the closing will require the City to execute and deliver an Owner's
Certification and Indemnity and a Restrictive Covenant Agreement and may also require execution
of a real estate closing statement and other related documents.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, the City's Mayor is hereby autharized to execute
necessary documents for the closing of the sale of Lot 3 in Veterans Legacy South Subdivision, to
include the Owner's Certification and Indemnity, the Restrictive Covenant Agreement, a real estate
closing statement, and other related documents.
Adopted by the City Council of the City of Grand Island, Nebraska, May 24, 2022.
er G. Steele, Mayor
Attest:
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RaNae Edwards, City Clerk
Approved as to Form tt
May 23, 2022 tt City Attorney