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01/11/2005 Resolutions 2005-15 I I I RES 0 L UTI 0 N 2005-15 WHEREAS, the City of Grand Island has been working with the Central Platte Natural Resources District for a number of years on a flood control project to protect a significant portion of northwest Grand Island from flooding; and WHEREAS, funding has been authorized to allow the Nebraska Department of Natural Resources to contribute 52.5% of the total cost of such flood control project for the Upper Prairie/Silver/Moores Creeks, such amount is estimated to be $8.6 million; and WHEREAS, the remaining $7.8 million in project costs will be funded by local sponsors consisting of the Central Platte Natural Resources District, the City of Grand Island, Hall County, and Merick County; and WHEREAS, the City's financial commitment for the planning, design, acquisition, and construction of such project cost is 46.25% of the $7.8 million or $360,750 each year for ten years, for a total amount of $3,607,500; and WHEREAS, an Interlocal Cooperative Agreement for such proj ect has been prepared to define and allocate duties and responsibilities for the performance of the agreement among the parties; and WHEREAS, the City Attorney's office has reviewed and approved the proposed agreement. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the Interlocal Cooperative Agreement by and between the City and the Central Platte Natural Resources District, the County of Hall, and the County of Merrick for the Upper Prairie/Silver/Moores Creek Flood Control Project is hereby approved. BE IT FURTHER RESOLVED, that the Mayor is hereby authorized and directed to execute such agreement on behalf of the City of Grand Island. Adopted by the City Council of the City of Grand Island, Nebraska, January 11, 2005. R~~ ~llw~ RaNae Edwards, City Clerk Approved as to Form January 6, 2005