01/27/2004 Resolutions 2004-22
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RES 0 L UTI 0 N 2004-22
WHEREAS, Wal-Mart, Inc. (hereinafter "Walmart") has announced plans to construct
a Walmart SuperCenter retail store to be located south of State Street and west of US. Highway 281;
and
WHEREAS, the City owns a 100- foot wide drainage ditch adj acent to such land being
considered for the construction of such store; and
WHEREAS, Walmart has requested a perpetual, exclusive license for unencumbered
use of the City's land for Walmart's benefits, and the benefits of its successors and assigns; and
WHEREAS, a Memorandum of Understanding has been reviewed and approved by
the City Attorney setting out the intentions of both parties to negotiate in good faith for a License
Agreement to allow W almartprivate use of the City's land.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the Memorandum of Understanding between
the City of Grand Island, W al- Mart Real Estate Business Trust, a Delaware statutory trust, and Wal-
Mart Stores, Inc., a Delaware corporation, is hereby approved in accordance with the issues set out
above.
BE IT FURTHER RESOLVED, that the Mayor is hereby authorized and directed to
execute such Memorandum of Understanding on behalf of the City of Grand Island.
Adopted by the City Council of the City of Grand Island, Nebraska, January 27,2004.
RaNae Edwards, City Clerk
City Council denied Resolution #2004-22 at their January 27, 2004 Council
Meeting.
Approved as to Form II
January 22, 2004