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11/09/2004 Resolutions 2004-284 I I I RES 0 L UTI 0 N 2004-284 WHEREAS, on October 9,2001, by Resolution 2001-288, the City of Grand Island authorized and approved a Lease Purchase Agreement with Fonner Park Exposition and Events Center, Inc. ("Heartland"), under which Heartland will plan, design, construct, and finance an agricultural exposition and events center which will be leased to and purchased by the City; and WHEREAS, the City is interested in acquiring the real property from Fonner Park Exposition and Events Center, Inc., a Nebraska nonprofit corporation, which is associated with this proj ect; and WHEREAS, a public hearing was held on November 9,2004, for the purpose of discussing the proposed acquisition of real estate comprising all of Lot One (1), Heartland Event Center First Subdivision located in the City of Grand Island, Hall County, Nebraska. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the City of Grand Island be, and hereby is, authorized to acquire the above-described tract of land from Fonner Park Exposition and Events Center, Inc., a Nebraska nonprofit corporation for the construction of an agricultural exposition and events center. Adopted by the City Council of the City of Grand Island, Nebraska, November 9,2004. QD~ ffitD~ RaNae Edwards, City Clerk Approved as to Form November 4, 2004