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06/24/2025 Resolutions 2025-211 RESOLUTION 2025-211 WHEREAS,on November 11,2024,the City of Grand Island adopted an Economic Development Program which provides for a contract with Grand Island Area Economic Development Corporation to handle the administration of the Economic Development Program in collaboration with the City Administrator, including the process of recommending City Council action on applications for economic development incentives; and WHEREAS, Hear Grand Island LLC has applied for a tourism promotion grant in the amount of$50,000 to assist in the funding for a series of free community concerts in Amur Plaza during the summer season of 2025; and WHEREAS, Hear Grand Island LLC's summer concert series is supported by Hall County Convention & Visitors Bureau, Grow Grand Island, Grand Island Area Economic Development Corporation and numerous private donors and businesses; and WHEREAS, Greater Grand Island Community Foundation is acting as fiscal agent for Hear Grand Island LLC and will hold grant funds for Hear Grand Island LLC and process vendor payments for the 2025 series; and WHEREAS, based on the recommendation of the executive committee of the Grand Island Area Economic Development Corporation and the City Administrator, the City Council finds it is in the best interests of the City to provide a tourism promotion grant in the total sum of$50,000 to Hear Grand Island, LLC, by and through its fiscal agent Greater Grand Island Community Foundation, as provided by the Grand Island Economic Development Program. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the grant application of Hear Grand Island LLC in the amount of $50,000 to provide funding for the 2025 series of concerts is approved. BE IT FURTHER RESOLVED, that the Mayor is hereby authorized and directed to execute an Economic Development Agreement by and between the City, the Grand Island Area Economic Development Corporation and Hear Grand Island LLC on behalf of the City of Grand Island and to take all other actions necessary to effect the purpose of this resolution. Adopted by the City Council of the City of Grand Island, Nebraska, June 24, 2025. RogerG. Steele, Mayor g Y 6.4.41.464 Attest: Sonya Cis os, Deputy City Clerk