11/22/2005 Resolutions 2005-326
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RES 0 L UTI 0 N 2005-326
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 $25,000 payable to the Grand Island
Area Economic Development Corporation on behalf of Standard Iron to assist with the installation
cost of a paintline operation in the facilities which is a heavy user of natural gas; 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.
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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
$25,000 to be made to the Grand Island Area Economic Development Corporation on behalf of
Standard Iron to fund a portion of the installation costs of a paintline operation in its facility is
hereby approved
Adopted by the City Council of the City of Grand Island, Nebraska on November 22,2005.
QJ\~ Cf~
RaNae Edwards, City Clerk
Approved as to Form II
November 16, 2005 II City Attorney