03/08/2005 Resolutions 2005-72
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RES 0 L UTI 0 N 2005-72
WHEREAS, Northwestern Public Service (NWPS) makes an annual contribution for
economic development purposes to the City of Grand Island in the amount of $86,000; and
WHEREAS, on September 26, 2000, the Mayor and City Council approved
Resolution 2000-291 establishing an economic development policy for receiving, considering and
making recommendations regarding requests for disbursement of said funds; and
WHEREAS, the office of the City Administrator received a recommendation for
funding from the local economic development committee for $50,000 payable to the Grand Island
Area Economic Development Corporation on behalf of Fonner Park Exposition and Event Center,
Inc. to assist with the installation cost of natural gas equipment for the new Heartland Events Center;
and
WHEREAS, said request is consistent with the intent ofNWPS in making its annual
economic development contribution, and the policy established by the Mayor and City Council.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the request for disbursement in the amount of
$50,000 to fund a portion of the installation costs of natural gas equipment for the new Heartland
Event Center is hereby approved, and a payment is authorized to be made to the Grand Island Area
Economic Development Corporation on behalf of Fonner Park Exposition and Event Center, Inc. for
such purpose.
Adopted by the City Council of the City of Grand Island, Nebraska on March 8, 2005.
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RaNae Edwards, City Clerk
Approved as to Form IX '1(.. . I
March 3, 2005 IX City Attorney