02/27/2024 Resolutions 2024-57-�
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RESOLUTION 2024-57
RESOLUTION REGARDING APPROVAL OF AN EXEDITED REVIEW OF A
REDEVELOPMENT PLAN 1N CRA AREA 1 LOCATED AT 106 N LOCUST STREET.
WHEREAS, the City of Grand Island, Nebraska, (the "City") created the Community
Redevelopment Authority of the city of Grand Island, Nebraska, (the "Authority") pursuant to the
Act with powers to implement redevelopment plans approved by the Grand Island City Council;
and
WHEREAS, the City has designated portions of the City as substandard and blighted
pursuant to the Nebraska Community Development Law, NEB. REV. STAT. §§ 18-2101 through
18-2157 (the "Act"); and
WHEREAS, the Act, in NEB. REV. STAT. §§ 18-2155, allows cities in counties with
populations less than 100,000 to expedite reviews of certain redevelopment plans. The City is
located in Hall County, Nebraska, which has a population of 62,895 according to the 2020 Census
Data; and
WHEREAS, the City Council approved resolution, 2023-308 on November 21, 2023
allowing the use of expedited reviews of redevelopment plans pursuant to the NEB. REV. STAT.
§§ 18-2155 of the Act, and guaranteeing expedited approval of applications which met the criteria
set forth in the Act. Specifically:
• The redevelopment project involves the rehabilitation of an existing structure that has
been within the corporate limits of the city for at least sixty yeaxs;
• The assessed value of the property within the redevelopment project area when the
project is complete is estimated to be no more than: One million five hundred thousand
dollars for a redevelopment project involving a commercial structure
• The redevelopment plan is limited to one project;
• The redevelopment project is located within a substandard and blighted area;
WHEREAS, the redevelopment plan is for one project located at 106 N. Locust Street in
CRA Area #1, records indicate that the structure was built in 1920 and the assessor has an estimated
value after completion of $364,149; and
WHEREAS, the City Council approved an annual limit OF twenty (20) expedited reviews
of redevelopment plans pursuant to the NEB. REV. STAT. §§ 18-2155 of the Act; and
WHEREAS, B.Z LLC located at 106 N. Locust Street, Grand Island, NE submitted an
application on the stated approved form from the Nebraska Department of Economic Development
pursuant to the NEB. REV. STAT. §§ 18-2155 of the Act; and
WHEREAS, the application submitted by B.Z LLC serves as the first of twenty (Annual
limit) expedited reviews of redevelopment plans set forth by the City Council pursuant to the NEB.
REV. STAT. §§ 18-2155 of the Act.
NOW THEREFORE, BE IT RESOLVED, that the City Council confirms the applicant
qualifies for expedited review and approval of their redevelopment plan, accepts, and approves
their application as submitted for CRA Area 1 located at 106 N Locust Street.
Adopted by the City Council of the City of Grand Island, Nebraska, February 27, 2024.
Roger G. Steele, Mayor
Attest:
Jill Granere, City Clerk
This item was pulled until a future meeting.