11/26/2002 Resolutions 2002-367
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RES 0 L UTI 0 N 2002-367
WHEREAS, the Community Redevelopment Authority of the City of Grand Island
invited proposals for Renovations and Modifications to the Existing Former City Hall Building
located at 208 North Pine Street, according to Request for Proposals on file with the Director of the
Community Redevelopment Authority; and
WHEREAS, proposals were due on June 20,2002; and
WHEREAS, Pro con Development Company, L.L.C. of Grand Island, Nebraska,
submitted a proposal in accordance with the terms of the Request for Proposals, such proposal
being for the acquisition of the property for the amount of $1 ,001, with a total redevelopment
cost of$I,941,001.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the proposal of Procon Development
Company, L.L.C. of Grand Island, Nebraska for acquisition ofthe existing former City Hall building
located at 208 North Pine Street for the amount of $1 ,00 1, with a total redevelopment cost of such
building to be $1,941,001 is hereby approved as the best proposal received.
BE IT FURTHER RESOLVED, that an Agreement by and between the city and
Procon Development Company, L.L. C. be entered into for such proj ect; 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 November 26, 2002.
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RaNae Edwards, City Clerk
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Approved as to Form T ,_I
November 21, 2002 .... City Attorney