Loading...
07/13/2004 Resolutions 2004-172 I I I RES 0 L UTI 0 N 2004-172 WHEREAS, the City of Grand Island has been involved in the redevelopment ofthe former Walnut Junior High School building at 504 North Elm Street in Grand Island; and WHEREAS, Walnut Redevelopment LLC and Walnut Housing Ltd is interested in utilizing space in the building to provide city and other governmental services and providing office space for the Grand Island Multicultural Coalition and other such charitable and human service organizations for the benefit ofthe neighborhood and the community; and WHEREAS, a Memorandum of Understanding has been prepared setting out the intent of the City of Grand Island, the Grand Island Multicultural Coalition, the Grand Island Housing Development Corporation, and the Grand Island Public Schools to utilize the building to provide such services; and WHEREAS, a Commercial Lease Agreement has been prepared setting out the terms and conditions for the City to lease approximately 1,000 square feet ofthe building at a rate of$700 per month for five years to provide first time home buyer training and first time home buyer opportunity programs, rental housing inspection and tenant's rights assistance, community health and dental intake, or other programs as appropriate; and WHEREAS, the City Attorney has reviewed and approved the Memorandum of Understanding and the Commercial Lease Agreement for this project. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that: 1. The Memorandum of Understanding by and between Walnut Redevelopment, LLC / Walnut Housing Ltd., the City of Grand Island, Nebraska, the Grand Island Multicultural Coalition, the Grand Island Housing Development Corporation, and the Grand Island Public Schools regarding the redevelopment of the former Walnut Junior High School building into low income housing, office space for various governmental, charitable and human service organizations to provide referral or direct services to the community and for an auditorium to house a theatre for Hispanic and a variety of other cultural events is hereby approved. 2. The Commercial Lease Agreement by and between Walnut Housing, Ltd. and Walnut Redevelopment LLC, as landlords and the City of Grand Island, as tenant to lease approximately 1,000 square feet of space in the former Walnut Junior High School building at 504 North Elm Street in Grand Island at a cost of$700 per month for five years is hereby approved. Approved as to Form rI July 8, 2004 I I I 3. That the Mayor is hereby authorized and directed to execute the above-identified documents on behalf of the City of Grand Island. Adopted by the City Council of the City of Grand Island, Nebraska, July 13, 2004. Ocf\ttO 9il~~ RaNae Edwards, City Clerk - 2 -