08/10/2010 Ordinances 9267ORDINANCE NO. 9267
An ordinance directing and authorizing the sale of real estate to the Housing
Development Corporation; providing for the giving of notice of such conveyance and the terms
thereof; providing for the right to file a remonstrance against such conveyance; providing for
publication and the effective date of this ordinance.
BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF
GRAND ISLAND, NEBRASKA:
SECTION 1. The City of Grand Island, Nebraska, will convey to the HOUSING
DEVELOPMENT CORPORATION, a tract of land legally described as:
Lot One (1), Block Eighty-seven (87), in Wheeler and Bennett's Fourth Addition
to the City of Grand Island, Hall County, Nebraska (201 W. 17th St.)
SECTION 2. In consideration for such conveyance the Grantee shall develop the
property and abide by the terms of the Neighborhood Stabilization Program guidelines and the
Housing Development Agreement between the City and the Housing Development Corporation.
Conveyance of the real estate above described shall be by warranty deed.
SECTION 3. As provided by law, notice of such conveyance and the terms
thereof shall be published for three consecutive weeks in the Grand Island Independent, a
newspaper published for general circulation in the City of Grand Island. Immediately a$er the
passage and publication of this ordinance, the City Clerk is hereby directed and instructed to
prepare and publish said notice.
SECTION 4. Authority is hereby granted to the electors of the City of Grand
Island to file a remonstrance against the conveyance of such within described real estate; and if a
remonstrance against such conveyance signed by registered voters of the City of Grand Island
Approved as to Form A ~/~J
August 10, 2010 a City Attorney
ORDINANCE NO. 9267 (Cont.)
equal in number to thirty percent of the registered voters of the City of Grand Island voting at the
last regular municipal election held in such City be filed with the City Council within thirty days
of passage and publication of such ordinance, said property shall not then, nor within one year
thereafter, be conveyed.
SECTION 5. The conveyance of said real estate is hereby authorized, directed
and confirmed; and if no remonstrance be filed against such conveyance, the Mayor shall make,
execute and deliver to the Housing Development Corporation. a warranty deed for said real
estate, and the execution of such deed is hereby authorized without further action on behalf of
the City Council.
SECTION 6. This ordinance shall be in force and take effect from and after its
passage and publication, within fifteen days in one issue of the Grand Island Independent as
provided by law.
Enacted: August 10, 2010.
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Margaret ornady, Mayor
Attest:
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RaNae Edwards, City Clerk
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Approved as to Form
- 2 - August 10, 2010 • City Attorney