08/24/2004 Resolutions 2004-204
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RES 0 L UTI 0 N 2004-204
WHEREAS, on March 23,2004, by Resolution 2004-58, the City Council ofthe City
of Grand Island approved the acquisition ofa tract ofland at 1219 W. North Front Street, generally
referred to as the Thompson Building, to be used by the Utility Department; and
WHEREAS, the Commercial Agreement contained several contingencies required by
the City to protect its interests in the proposed purchase; and
WHEREAS, subsequent investigation revealed that there were some issues to be
addressed by the seller concerning the legal description and the presence of asbestos containing
materials; and
WHEREAS, an Addendum to such Commercial Purchase Agreement is necessary to
address such issues, and to provide a firm date for the building tenant to vacate the property; and
WHEREAS, the City Attorney has reviewed and approved the Addendum to the
Commercial Purchase Agreement.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the Addendum to the Commercial Purchase
Agreement to address issues concerning the legal description and presence of asbestos containing
materials at the property located at 1209-1219 West North Front Street, and to set a firm date for the
building tenant to vacate the premises is hereby approved.
BE IT FUR THER RESOLVED, that the Mayor is hereby authorized and directed to
execute such Addendum to the Commercial Purchase Agreement on behalf of the City of Grand
Island.
Adopted by the City Council of the City of Grand Island, Nebraska, August 24, 2004.
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RaNae Edwards, City Clerk
Approved as to Form a
August 17. 2004 a City Attorney