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07/12/2005 Resolutions 2005-202 I I I RES 0 L UTI 0 N 2005-202 WHEREAS, on June 14,2005, by Resolution 2005-162, the City Council ofthe City of Grand Island approved the acquisition ofthe long term lease interest of Robert C. Ramold, doing business as Domino's Pizza, for Unit A at 1212 West Second Street and adjacent parking on the east and north sides of such building for the Edith Abbott Memorial Library expansion; and WHEREAS, the City will pay $23,000 for the purchase price ofthe leasehold interest, and $61,500 for relocation expenses for a total price of $84,500; and WHEREAS, an Agreement has been prepared by the City Attorney setting out the terms and conditions of such conveyance. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the Agreement between the City and Robert C. Ramold, doing business as Domino's Pizza, is hereby approved to allow the City to acquire the lease interest for Unit A ofthe building located at 1212 West 2nd Street and adjacent parking on the east and north sides of such building and in settlement of all relocation expenses for a total cost of $84,500, in accordance with such agreement. 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, July 12, 2005. QofIQ.L ~ Dw~ RaNae Edwards, City Clerk Approved as to Form II j) f? W July 7.2005 II City Allor~y