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10/09/2001 Resolutions 2001-268 I I I RES 0 L UTI 0 N 2001-268 WHEREAS, on June 27, 1994, the City of Grand Island enacted Ordinance No. 8021 creating the Community Redevelopment Authority of the City of Grand Island, Nebraska, a public body and corporate politic, to address the need for economic development opportunities through the Nebraska Community Development law at Neb. Rev. Stat. 918-2101, et seq., as amended; and WHEREAS, the Community Redevelopment Authority desired to solicit proposals for the development of a Comprehensive South Locust Street Corridor Design Strategy and Land Use Plan for the area identified as the Business Improvement District No.3; and WHEREAS, the Community Redevelopment Authority solicited such proposals; and WHEREAS, the resulting reports/studies shall be available to the City; and WHEREAS, the budget for the project is $30,000, of which the City shall reimburse the Community Redevelopment Authority in the amount of $10,000 which shall be funded by the assessments from Business Improvement District No.3; and WHEREAS, an Interlocal Cooperation Agreement between the City and the Community Redevelopment Authority has been reviewed and approved by the City Attorney. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the Interlocal Cooperation Agreement by and between the City of Grand Island, a municipal corporation in the state of Nebraska, and the Community Redevelopment Authority of Grand Island, Nebraska for the development of a Comprehensive South Locust Street Corridor Design Strategy and Land Use Plan for Business Improvement District No.3 and providing for partial cost reimbursement by the City is hereby approved; and the Mayor is hereby authorized and directed to execute such Interlocal Agreement on behalf of the City of Grand Island. Adopted by the City Council of the City of Grand Island, Nebraska on October 9, 2001. Q<^\\OL ffi~ RaNae Edwards, City Clerk Approved as to Form T ~ October 5, 2001 ... City Attorney