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02/09/2010 Resolutions 2010-42RESOLUTION 2010-42 WHEREAS, the City of Grand Island, Nebraska was awarded a $993,000 Neighborhood Stabilization Program (NSP) grant from the Nebraska Department of Economic Development; and WHEREAS, the grant has enabled the city to purchase and demolish at least six (6) vacant, blighted structures and redevelop the lots into six (6) new homes, WHEREAS, the properties and structures at 424 N. Waldo Street, 503 W. Louise Street, and 809 W. Charles Street meet the blighted criteria as set by the Neighborhood Stabilization Program and the Nebraska Department of Economic Development; WHEREAS, a public hearing was held on February 9, 2010 for the purpose of discussing the proposed acquisition of the following real estate: Lots One Hundred Seventy-Six (176) and One Hundred Seventy- Seven (177), in Belmont, an Addition to the City of Grand Island, Hall County, Nebraska (424 N. Waldo Street) Lot One (1), in Block (6), in Wiebe's Addition to the City of Grand Island, Hall County, Nebraska (503 W. Louise Street) Lot Two (2), in Block Two (2), in Wiebe's Addition to the City of Grand Island, Hall County, Nebraska (809 W. Charles Street) NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that: The City of Grand Island, Nebraska is hereby authorized to acquire the properties and structures at 424 N. Waldo Street, 503 W Louise Street, and 809 W. Charles Street and the Mayor is hereby authorized and directed to execute such contracts. Adopted by the City Council of the City of Grand Island, Nebraska, February 9, 2010. Margaret ornady, Mayor Attest: RaNae Edwards, City Clerk Approved as to Form a k~~ February 8, 2010 ~ City Attorney