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06/12/2001 Resolutions 2001-140 I I I RES 0 L UTI 0 N 2001-140 WHEREAS, for many years, the City of Grand Island Downtown Development Department leased land used as a parking lot at Pine Street and South Front Street from the Union Pacific Railroad Company (UPRR); and WHEREAS, in November, 2000, the City was verbally notified that UPRR would be terminating its lease with the City; and WHEREAS, the property is now leased by UPRR to Sprint Communications Company L.P. (Sprint), and Sprint will develop a pocket park with benches, plantings, and lighting on the southwest comer of this lot in order to enhance the entrance to the downtown area; and WHEREAS, the City's Downtown Development Division has agreed to maintain such pocket park; and WHEREAS, an fudemnification Agreement is necessary between Sprint and the City to indemnify both parties from claims by a third party for injury, loss or damage arising from use of the property. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the fudemnification Agreement by and between the City of Grand Island and Sprint Communications Company L.P. is hereby approved; and the Mayor is hereby authorized and directed to execute such agreement on behalf of the City of Grand Island. Adopted by the City Council of the City of Grand Island, Nebraska on June 12,2001. Q(;~CA-L roLUo~ RaNae Edwards, City Clerk /"~ Approved as to Form T ~ June 8, 2001 ... City Attorney