06/30/2009 Resolutions 2009-154RESOLUTION 2009-154
WHEREAS, the Nebraska State Legislature has adopted Legislation which allows for
the relocation of the Nebraska State Fair from the City of Lincoln to property located at the Hall
County Livestock Improvement Association in Grand Island, Hall County, Nebraska; and
WHEREAS, the City intends to construct upon property leased from the Hall County
Livestock Improvement Association an improvement to be utilized by the City as a recreational
facility and also anticipates said facility will be utilized by the Nebraska State Fair; and
WHEREAS, the City has approved a lease purchase financing arrangement with Wells
Fargo for the improvements, which have an estimated value over One Hundred Thousand and No/100
Dollars ($100,000.00); therefore, the improvements according to Nebraska Revised Statutes Section
13-403 must be appraised by a certified real property appraiser.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that Robin Hendricksen, a certified real property
appraiser in the State of Nebraska, has issued an appraisal for the city improvements on the property
leased from the Hall County Livestock Improvement Association, said appraisal which is attached
hereto and accepted by this Council.
Adopted by the City Council of the City of Grand Island, Nebraska, June 30, 2009.
Margar t Hornady, Mayor
Attest:
RaNae Edwards, City Clerk
Approved as to Form ~
June 29, 2009 p City Attorney