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06/27/2023 Resolutions 2023-165RESOLUTION 2023-165 WHEREAS, the City of Grand Island invited proposals for the Grand Island Utilities Solar Project, according to plans and specifications on file with the Utilities Department; and WHEREAS, on April 12, 2023, proposals were received, opened and reviewed; and WHEREAS, GRNE Solar of Lincoln, Nebraska, submitted a proposal in accordance with the terms of the advertisement of bids and plans and specifications and all other statutory requirements contained therein, such bid being in the amount not to exceed $15,994,829.00; and WHEREAS, the bid of GRNE Solar, is more than the estimate for the Grand Island Utilities Solar Project, but after the third year a tax return will be filed to receive an Investment Tax Credit. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the bid of GRNE Solar of Lincoln, Nebraska in the amount o not to exceed $15,994,829.00, for the Grand Island Utilities Solar Project, is hereby approved as the lowest responsible proposal. Adopted by the City Council of the City of Grand Island, Nebraska, June 27, 2023. � . Roge . St le, ayor Attest: ����� , RaNae Edwards, City Clerk