02/25/2025 Resolutions 2025-67 RESOLUTION 2025-67
WHEREAS,the City has agreed to lease the vacant land located between the Island
Oasis Waterpark, Fire Station No. 1 and the State Fair Boulevard for parking; and
WHEREAS, the City negotiated a ground lease with the Hall County Livestock
Improvement Authority(Fonner Park) for parking; and
WHEREAS,the Nebraska State Fair planned to use ARPA dollars to make drive aisle
and stormwater drainage improvements to the lots but retain the current dirt surfaces; and
WHEREAS,Fonner Park and Elite Casino and Hotel will fully improve the land to
paved parking with accessible travel paths to the Fieldhouse and the State Fair main entrance; and
WHEREAS, the initial term of the lease will be for fifty (50) years beginning on
September 15, 2025 with an option for five (5) year renewals after that.
NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the Mayor of the City of Grand Island is
hereby authorized to sign the ground lease with Hall County Livestock Improvement Authority.
Adopted by the City Council of the City of Grand Island, Nebraska, February 25, 2025.
'Ctier G. Steele, Mayor
Attest:
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ISl Granere, City Clerk