08/26/2003 Resolutions 2003-236
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RES 0 L UTI 0 N 2003-236
WHEREAS, Business Improvement District No.5 (hereinafter BID), was created by
the Grand Island City Council on June 20, 2003 by Ordinance No. 8812; and
WHEREAS, Neb. Rev. Stat. S19-4021 permits the City Council to authorize and
direct the Business Improvement Board for the Business Improvement District No.5 to administer
the funds collected for it; and
WHEREAS, the City desires to authorize the Business Improvement Board to
administer the funds and exercise all of the powers and authority set forth in Neb. Rev. Stat. S19-
4019.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the Business Improvement Board is
hereinafter authorized for the term of Business Improvement District No.5 to administer the funds
collected for it and to exercise all ofthe authority granted to it in Nebraska statutes, including but not
limited to accomplishing the purposes set forth in Neb. Rev. Stat. 919-4019.
Adopted by the City Council of the City of Grand Island, Nebraska, August 26, 2003.
Q~o <t~~
RaNae Edwards, City Clerk
Approved as to Form lX
August 22, 2003 lX City Attorney