03/23/2004 Resolutions 2004-58
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RES 0 L UTI 0 N 2004-58
WHEREAS, the City of Grand Island is interested in purchasing a tract of land at
1219 W. North Front Street to be used by the utility department; and
WHEREAS, City officials and the owners ofthe property, Gene M. Reab and Ellinor
K. Reab, husband and wife, have negotiated a price of$350,000 for such property; and
WHEREAS, a public hearing was held on March 23, 2004 for the purpose of
discussing the proposed acquisition of the following property:
Lots One (1), Two (2), Three (3), and Four (4) in Block Five (5), Arnold & Abbott's
Addition to the City of Grand Island, Nebraska, together with the easterly 40 feet of
vacated Adams Street in the City of Grand Island, Hall County, Nebraska; and
Improvement on Leased Land described as an 8,100 square foot tract of land with
dimensions of Fifty (50.0) feet by One Hundred Sixty-Two (162.0) feet adjacent to
the south side of a portion of Lots One (1) and Two (2) of Block Five (5), Arnold and
Abbott's Addition to the City of Grand Island, Hall County, Nebraska, on the Union
Pacific Railroad right-of-way as shown on "Exhibit A," attached hereto and
incorporated herein by reference.
WHEREAS, the proposed Commercial Purchase Agreement setting out the terms of
such acquisition and the Consent to Dual Agency have been reviewed and approved by the City
Attorney.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the Purchase Agreement by and between the
City and Gene M. Reab and Ellinor K. Reab, husband and wife, to purchase the above described
property at a price of$350,000 is hereby approved; and the Mayor is hereby authorized and directed
to execute such Commercial Purchase Agreement on behalf of the City of Grand Island.
BE IT FURTHER RESOLVED, that the Mayor is hereby authorized and directed to
execute a Consent to Dual Agency with respect to this project.
Adopted by the City Council ofthe City of Grand Island, Nebraska, March 23, 2004.
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RaNae Edwards, City Clerk
Approved as to Form l:l () I? tr)
March 18, 2004 l:l City Attorney
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CADD :/MAPS/NE/21391 .D~N
FflENAME
SCAN :/UP/NE/UP/3/NE03S17A.CIT
FfLENAME DX=5768.2597.3 AA=-1.88
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NOTE: BEFORE YOU BEGIN ANY WORK. SEE
AGREEMENT FOR FIBER OPTIC PROVlSIONS.
EXHIBIT NAN
UNION PACIFIC RAILROAD COMPANY
GRANO ISLAND. HALL COUNTY, NEBRASKA
M.P. 147.54 - KEARNEY SUB.
LEASE TO TOBA. INC
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SCALE:: 1" ':' lOa'
aFFlCE OF REAL ESTATE
OMAHA. NEBRASKA DATE: 10-14-2002
LAC FILE: 213-91
EXHIBIT "A"