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03/12/2002 Resolutions 2002-69 I I I RES 0 L UTI 0 N 2002-69 WHEREAS, Northwestern Public Service (NWPS) makes an annual contribution for economic development purposes to the City of Grand Island in the amount of $86,000; and WHEREAS, on September 26, 2000, the Mayor and City Council approved Resolution 2000-291 establishing an economic development policy for receiving, considering and making recommendations regarding requests for disbursement of said funds; and WHEREAS, the office ofthe City Administrator has received a recommendation for funding from the local economic development committee for $73,310 to the Grand Island Area Economic Development Corporation to assist with the purchase of 127 acres ofland to expand the Platte Valley Industrial Park; and WHEREAS, said request is consistent with the intent ofNWPS in making its annual economic development contribution, and the policy established by the Mayor and City Council. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the request of the Grand Island Area Economic Development Corporation for $73,310 to assist with the purchase of 127 acres ofland to expand the Platte Valley Industrial Park is hereby approved. Adopted by the City Council of the City of Grand Island, Nebraska on March 12, 2002. Q~\\LU <(DLc~li~~j RaNae Edwards, City Clerk Approved as to Form" (1;/; March 7, 2002 ... City Attorney