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06/24/2025 Resolutions 2025-201 RESOLUTION 2025 - 201 WHEREAS,on March 26,2024,via Resolution No.2024-94,City Council approved the acquisition of 708 S Locust Street from 708, LLC, in the amount of$320,000.00, to allow for improvements along the South Locust Street corridor; and WHEREAS, this parcel is needed for improvement of the South Locust Street/Bismark Road/Anna Street intersection; and WHEREAS,at the time of the negotiation and purchase of 708 South Locust Street,a relocation report was generated by Midwest ROW, similar to an appraisal of the value of the property,this report outlines the cost of relocating the business due to the purchase of the property; and WHEREAS,Nebraska Department of Transportation has guidelines in this process and these guidelines were followed in generating this report; and WHEREAS,a lump sum self-move payment of$25,000.00 has been agreed upon and deemed justifiable to be paid to the business tenant, Auto Central, Inc. NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND,NEBRASKA,that the relocation expenses of Auto Central,Inc. in the amount of$25,000.00 are hereby approved. Adopted by the City Council of the City of Grand Island,Nebraska, June 24, 2025. AijcA/ d9)ee.e.Ge_) Roger Steele, May or or y Attest: Sonya C. eros, eputy City Clerk