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07/23/2002 Resolutions 2002-211 I I I RES 0 L UTI 0 N 2002-211 WHEREAS, Nebraska Mil-Nic, Inc., a corporation d/b/a Midtown Holiday Inn, has approached the City offering to donate a tract ofland adjoining the Midtown Holiday Inn property on South Locust Street to the City of Grand Island; and WHEREAS, the City has resources available through the South Locust Street project to develop the property as a landscaped area to be maintained permanently by the Business Improvement District No.3; and WHEREAS, a public hearing was held on July 23,2002, for the purpose of discussing the proposed acquisition of property described as Lot One (1), Mil- Nic Addition to the City of Grand Island, Hall County, Nebraska; and WHEREAS, a Agreement for Warranty Deed has been prepared and approved by the City Attorney's office setting out the terms and conditions of such transaction. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the City of Grand Island be, and hereby is, authorized to acquire by donation from Nebraska Mil-Nic, Inc., a corporation, the property described as Lot One (1), Mil- Nic Addition to the City of Grand Island, Hall County, Nebraska, for the purpose of razing the existing structures and developing a landscaped area. BE IT FURTHER RESOLVED, that the Business Improvement District No.3 shall permanently maintain the landscaped area. BE IT FURTHER RESOLVED, that the Agreement for Warranty Deed 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, July 23, 2002. Qo..\\Q.L 9 D LU~ - RaNae Edwards, City Clerk Approved as to Form T ~ July 19, 2002 .... Ci Attorney