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06/27/2023 Resolutions 2023-164RESOLUTION 2023-164 WHEREAS, the Overland Trails Council of Boy Scouts of America, Inc., a Nebraska Non-Profit Corporation, is disposing by sale of approximately 158.4 acres of land located at 2299 Camp Augustine Road in Hall County, Nebraska ("Camp Augustine Property"); and WHEREAS, due to its proximity to the City of Grand Island, its approximately 6000 feet of river frontage, its proximity to the Mormon Island State Recreation Area and interest of the Nebraska Game & Parks Department in partnering with the City of Grand Island on potential recreational uses of the State Parks lands in conjunction with the use of the Camp Augustine Property, and the various purposes and uses to which the property could be adapted for the benefit of residents and tourists visiting the City of Grand Island, City staff are recommending the acquisition of the above-mentioned property in recognition of the important public interests and purposes; and WHEREAS, the City Council has determined that acquisition of the Camp Augustine Property by the City of Grand Island is in the best interests of the city, its residents and the promotion of tourism and economic opportunities for local businesses; and NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the Mayor is authorized to negotiate the terms of a Real Estate Purchase Agreement between the City of Grand Island and the Overland Trails Council of Boy Scouts of America, Inc. for the purchase of the Camp Augustine Property at a price of Twelve Thousand Five Hundred Dollars per acre ($12,500.00/acre), as such total acreage will be determined by a licensed surveyor, for a total price not to exceed Two Million Dollars and no/cents ($2,000,000.00) plus one-half of the cost of the real property survey and to execute said Real Estate Purchase Agreement on behalf of the City of Grand Island. BE IT FURTHER RESOLVED that the Mayar and his designee are hereby authorized to provide an earnest money deposit of not to exceed Two Hundred Thousand Dollars and no/cents ($200,000.00) to be deposited with Nebraska Title Company in an escrow account and to be applied to the purchase price at a closing date not later than October 31, 2023. BE IT FURTHER RESOLVED that the Mayor and his designee are hereby authorized to take all actions necessary to effect the purpose and intent of this resolution. Adopted by the City Council of the City of Grand Island, Nebraska, June 27, 2023. Ro Attest: ��� ���� RaNae Edwards, City Clerk