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12/06/2022 Ordinances 9908ORDINANCE NO. 9908 An ordinance to adopt an economic development program for the City of Grand Island; to amend Chapter 38, Section 38-1 of the Grand Island City Code; to repeal any ordinance or parts of ordinances in conflict herewith; and to provide for publication and the effective date of this ordinance. BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA: SECTION L The City Council of Grand Island, Nebraska, hereby renews the City of Grand Island Economic Development Program as set forth in E�iibit "A" to Resolution 2022-132, a copy of which is attached hereto and incorporated herein by this reference, and to annually appropriate for the program Nine Hundred and Fifty Thousand Dollars ($950,000.00) from local sources of revenue for a period of ten (10) years commencing October l, 2023. SECTION 2. Grand Island City Code Chapter §38 Section 38-1 is amended as follows: The mayor and city council have by ordinance adopted an economic development program for the City of Grand Island as authorized by the Local Option Municipal Economic Development Act, R.R.S. 1943, §18-2701, et seq. The current Economic Development Program of the City of Grand Island shall be available for public inspection in the office of the City Clerk and posted on the City's web site. SECTION 3. Any ordinances or parts of ordinances in conflict herewith be, and hereby are, repealed. SECTION 4. This ordinance shall be in force and take effect from and after its passage and publication, within fifteen days in one issue of the Grand Island Independent. Approved as to Form � December 5, 2022 tt City Attorney o��t�cE r�o. ssag �cont.� Ena�cted: Deeember 6, 2022. � �. �f U Rog . Stee e, Mayor Attest: R� � ���� RaNae Edwards, City Cterk F GRAND /S O..••........ � �� h�� � � •' � ���� c� f'�c�� �T� t o ,k' �.... yl� °� �o,�� �FQRAS�P -2-