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03/12/2024 Resolutions 2024-80RESOLUTION 2024-80 WHEREAS, the City of Grand Island, Nebraska, a municipal corporation and city of the first class, has determined it be desirable to undertake and carry out urban redevelopment proj ects in areas of the City which are determined to be substandard and blighted and in need of redevelopment; and WHEREAS, the Community Redevelopment Authority of the city of Grand Island, Nebraska (the "Authority"), pursuant to Section 12 of Article VIII of the Nebraska Constitution, Sections 18-2101 through 18-2157, Reissue Revised Statutes of Nebraska, as amended (the "Act"), has adopted, after approval by the Mayor and Council of the City, that redevelopment plan entitled "Redevelopment Plan, Grand Island CRA Area 28 Conestoga Marketplace, October 2022" (the "Redevelopment Plan") a copy of which is on file in the office of the. City Clerk and is incorporated herein by this reference; WHEREAS, the City, Authority and Redeveloper entered into a Redevelopment Contract (the "Original Contract") dated February 28, 2023, a copy of which is on file in the office of the City Clerk, and is incorporated herein by this reference; WHEREAS, the City, in full compliance with the Act, approved an Amendment of Redevelopment Plan, Grand Island CRA Area 28 Conestoga Marketplace, November, 21 2023, (the "Amended Plan"); WHEREAS, the Authority, pursuant to the Amended Plan has prepared atl Amended Redevelopment Contract presented to the members of the of the Authority, a copy of which is attached hereto; WHEREAS, the Authority approved an Amended Redevelopment Contract at their meeting on Febr�.lary 14, 2024 with the passage of Resolution 474, WHEREAS, the Amended Redevelopment Contract is subject to approval by the Ciry of Grand Island; NOW, THEREFORE, be it resolved by the City Council of the City of Grand Island, Nebraska: BE IT FURTHER RESOLVED, that the Mayor is hereby authorized and directed to execute a contract with such contractor for such project on behalf of the City of Grand Island and that the City Clerk shall store, retain, and make available for access all related and herein referenced documents in the same manner as contracts and agreements are retained. Adopted by the City Council of the City of Grand Island, Nebraska, March 12, 2024 � ����� Ro . Steele, Mayor Attest: � / Cf C 'F`.�C.�2 �' Jil Granere, City Clerk