12/20/2022 Resolutions 2022-374R E S O L U T I O N 2022-374
WHEREAS, the City Council adopted Resolution 2022-341 ("Original Resolution") on
November 11, 2022 approving the Redevelopment Plan of the City for Redevelopment Area No.
28 in the City of Grand Island, Hall County, Nebraska, including the Redevelopment Project
further described in the Original Resolution; and
WHEREAS, the Original Resolution established two contingencies that must be satisfied
prior to the implementation of the Redevelopment Plan for Redevelopment Area No. 28 by the
Community Redevelopment Authority of Grand Island, Nebraska; and
WHEREAS, the developer of the Redevelopment Project, Woodsonia HWY 281, LLC,
("Developer") has requested City Council consider an amendment to the Original Resolution
revising said contingencies; and
WHEREAS, the Developer has prepared this resolution for the City Council's
consideration.
NOW, THEREFORE, be it resolved by the City Council of the City of Grand Island,
Nebraska:
1. Section 2 of Resolution No. 2022-314 is hereby amended as follows: (deletions in
s�l��, additions in underline)
2. Approval of the Redevelopment Plan is hereby ratified and reaffirmed, as
amended by Resolution No. 2022-314 and this Resolution, and the
Authority is hereby directed to implement the Redevelopment Plan in
accordance with the Act subject to City Administration's written approval
of the satisfaction of the following contingencies:
A. Developer shall have closed on the purchase of the land within
Redevelopment Area No. 28 and shall be the owner in fee simple
of such land; and
B. Developer shall provide written documentation of a contract
between Developer and the entity that has been targeted as the
"new to market approximately �59;A89 148,000 SF retailer
positioned on the southern portion of the redevelopment site" for
its acquisition of Lot 3
in the Redevelopment Area on or before Apri16, 2027.
2. All other provisions of Resolution No. 2022-314 shall remain in full force and effect,
except as amended herein. This amendment shall be effective only upon approval of
this resolution by a majority of the members of the City Council.
Approved as to Form tt
December 19, 2022 � City orney
Adopted by the City Council of the City of Grand Island, Nebraska, November 22, 2022
o � ";
Roger . teele, Mayor
Attest:
K o� ��Cl,�:�v �.d���
RaNae Edwards, City Clerk