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06/23/2009 Resolutions 2009-151RESOLUTION 2009-151 WHEREAS, the Nebraska State Legislature has adopted Legislative Bi11224 which allows for up to One Million Five Hundred Thousand and No/100 Dollars ($1,500,000.00) in cash or legally binding commitments provided by or on behalf of the City of Grand Island for the purpose of relocating and reconstructing recreational facilities displaced by the relocation ofthe Nebraska State Fair to Grand Island; and WHEREAS, the City of Grand Island intends to relocate and reconstruct its recreational facilities, which cost may exceed One Million Five Hundred Thousand and No/100 Dollars ($1,500,000.00), and wishes to comply with the law as amended by Legislative Bill 224, which has been signed by the Governor of the State of Nebraska and WHEREAS, the City has adopted a budget for fiscal year 2008-2009, which budget contains within it appropriation for capital projects which were identified at the time ofthe adoption of the budget; and WHEREAS, the City wants to take on the relocation of the recreational facilities as a capital project which will require an adjustment of other projects previously adopted for the capital fund. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the relocation ofthe recreational facilities from the Hall County Livestock Improvement Association location to land recently leased from the State of Nebraska near Eagle Scout Lake, west of Broadwell, be a project allowed to be funded in the 2008- 2009 and 2009-2010 budget capital fund. Adopted by the City Council of the City of Grand Island, Nebraska, June 23, 2009. Margar t Hornady, Mayor Attest: RaNae Edwards, City Clerk- Approved as to Form ~ June 24, 2009 ~ City Attorney