04/25/2000 Ordinances 8588
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ORDINANCE NO. 8588
An ordinance to directing and authorizing the conveyance of property to B, B &
G, Investments, L.LC., a Limited Liability Company; 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 ofthis ordinance.
BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF
GRAND ISLAND, NEBRASKA:
SECTION 1. The conveyance to B, B & G INVESTMENTS, L.L.C., a Limited
Liability Company, of a tract of land located in part of the Southwest Quarter of the Southwest
Quarter (SW ~ SW ~) Section Five (5), Township Ten (10) North, Range Nine (9) West of the
6th P.M., Grand Island, Hall County, Nebraska, being more particularly described as follows:
Beginning at the southwest comer of Lot Three (3) Platte Valley Industrial
Park Second Subdivision in the City of Grand Island, Hall County,
Nebraska; thence S88032'48"E (assumed bearing) along the southerly line
of said Lot Three (3), a distance of one thousand one hundred thirty-six
and ninety hundredths (1,136.90) feet to the southeast comer of said Lot
Three (3); thence SOooI5'51"W, a distance of four hundred thirty (430.0)
feet; thence northwesterly parallel to the southerly line of said Lot Three
(3), N88032'48"W a distance of eight hundred twenty and eight tenths
(820.8) feet to a point on the easterly right-of-way line of Juergen Road;
thence northwesterly along the easterly right-of-way line of said Juergen
Road, N43053 '22"W a distance of three hundred forty-three and eight
tenths (343.8) feet; thence continuing along the easterly right-of-way line
of said Juergen Road, northerly on a curve to the right, with a radius of
two hundred seventy (270.0) feet and a delta angle of 44033'32" an arc
distance of two hundred nine and ninety-eight hundredths (209.98) feet, to
the southwest comer of said Lot Three (3) being the said Point Of
Beginning. The above described tract of land containing 10.025 acres
more or less.
SECTION 2. The consideration for such conveyance shall be Three Thousand
Nine Hundred Fifty Six Dollars and Twenty Five Centers ($3,956.25) per acre. Conveyance of
Approved as to Form T /'~
April 26, 2000 .. cltYAilo:ey
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ORDINANCE NO. 8588 (Cont.)
the real estate above described shall be by warranty deed, upon payment of the consideration
pursuant to the terms and conditions of an Agreement for Warranty Deed 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 B, B & G INVESTMENTS, L.L.C., a Limited Liability Company, 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.
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.
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Approved as to Form T ~
April 26, 2000 '" City ttorney
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ORDINANCE NO. 8588 (Cont.)
Enacted: April 25, 2000.
Attest:
~c
KenG~
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Approved as to Form ., (;ql,:1'
April 26, 2000 ... City Attorney