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06/28/2005 Resolutions 2005-186 I I I RESOLUTION 2005-186 WHEREAS, B.M. and M. LLC, a limited liability company, has expressed an interest in purchasing Lot Eleven (11), Platte Valley Industrial Park Third Subdivision, in the City of Grand Island, Hall County, Nebraska; and WHEREAS, the purchase price of the property shall be $206,400; and WHEREAS, a Purchase Agreement has been prepared setting out the terms and conditions of such property purchase; and WHEREAS, the City Attorney's office has reviewed and approved the Purchase Agreement. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the sale of Lot Eleven (11), Platte Valley Industrial Park Third Subdivision in the City of Grand Island, Hall County, Nebraska to B.M. and M. LLC, a limited liability company, for the purchase price of $206,400 is hereby approved in accordance with the terms of the Purchase Agreement. BE IT FURTHER RESOLVED, that the Mayor is hereby authorized and directed to execute such Purchase Agreement on behalf of the City of Grand Island. Adopted by the City Council of the City of Grand Island, Nebraska, June 28, 2005. QJ\nl1 t~~)~ RaNae Edwards, City Clerk Approved as to Form IX /2&,1 June 23,2005 IX City Attorney