02/25/2025 Ordinances 10,011 CASH 2 Cs®
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REGISTER OF DEEDS
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ORDINANCE NO. 10,011
An ordinance directing and authorizing the sale of real estate to L & P
Investments, LLC., a Nebraska Limited Liability Corporation, buyer; providing for the giving of
notice of such conveyance and the terms thereof; providing for the right to file a remonstrance
against such conveyance; providing for publication and the effective date of this ordinance.
BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF
GRAND ISLAND,NEBRASKA:
SECTION 1. The City of Grand Island, Nebraska, will convey to L & P
Investments, LLC., a Nebraska Limited Liability Corporation, two tracts of land legally
described as:
Tract 1:
Lot One(1), R.J. Olson Subdivision in the City of Grand Island,Hall County,Nebraska
Tract 2:
Lot Two(2),R.J. Olson Subdivision in the City of Grand Island,Hall County,Nebraska
Return to:
Jill Granere
City Clerk
100 East 1st Street
Grand Island NE 68801
202500989
ORDINANCE NO. 10,011 (Cont.)
SECTION 2. In consideration for such conveyance the buyer shall pay the City
the sum of Three Hundred Nine Thousand and No/100 Dollars ($309,000.00). The buyer will be
responsible for the costs of recording the deed and one half the cost of a title insurance owner's
policy and all the cost of any lender's policy. Conveyance of the real estate above described
shall be by warranty deed, upon payment of the consideration pursuant to the terms and
conditions of the Purchase Agreement between the parties.
SECTION 3. As provided by law, notice of such conveyance and the terms
thereof shall be published for three consecutive weeks in the Grand Island Independent, a
newspaper published for general circulation in the City of Grand Island. Immediately after the
passage and publication of this ordinance, the City Clerk is hereby directed and instructed to
prepare and publish said notice.
SECTION 4. Authority is hereby granted to the electors of the City of Grand
Island to file a remonstrance against the conveyance of such within described real estate; and if a
remonstrance against such conveyance signed by registered voters of the City of Grand Island
equal in number to thirty percent of the registered voters of the City of Grand Island voting at the
last regular municipal election held in such City be filed with the City Council within thirty days
of passage and publication of such ordinance, said property shall not then, nor within one year
thereafter, be conveyed.
SECTION 5. The conveyance of said real estate is hereby authorized, directed
and confirmed; and if no remonstrance be filed against such conveyance, the Mayor shall make,
execute and deliver to L & P Investments, LLC., a Nebraska Limited Liability Corporation, a
warranty deed for said real estate, and the execution of such deed is hereby authorized without
further action on behalf of the City Council.
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202500989
ORDINANCE NO. 10,011 (Cont.)
SECTION 6. This ordinance shall be in force and take effect from and after its
passage and publication, within fifteen days in one issue of the Grand Island Independent as
provided by law.
Enacted: February 25, 2025.
Roger geele, Mayor
Attest:
GRAND
2,a.;
ranere, City Clerk 400R 76.,tea
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