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<br />THIS CONTRACT, made and entered into this / et day of (76k1 bP W 2012
<br />by and between, Grand Island Public Schools of Hall County, Nebraska, 123 South Webb Road,
<br />Grand Island, NE 68802 -5900, hereinafter called the OWNER, and The City of Grand Island, hereinafter
<br />called the BUYER.
<br />And
<br />STATE OF NEBRASKA
<br />LOCAL POLITICAL SUBDIVISION
<br />ACQUISITION CONTRACT
<br />Copies to:
<br />1. Right of Way Division, Nebraska Department of Roads
<br />2. Owner: Grand Island Public Schools of Hall County, Nebraska
<br />3. Buyer: City of Grand Island
<br />RIGHT OF WAY
<br />Project No.: SRTS- 40(57)
<br />Control No.: 42521
<br />Tract No.: 2
<br />201209681
<br />WITNESSETH: In consideration of the payment or payments as specified below, the OWNER
<br />hereby agrees to execute to the BUYER, a deed which will be prepared and furnished by the BUYER, to
<br />certain real estate described as follows.
<br />A portion of the E % of the SW Y4, Section 8, T11N, R9W, Grand Island, Hall County, Nebraska, more
<br />particularly described as follows:
<br />Commencing at the northeast corner of Lot 19, Block 2, Imperial Village Subdivision; thence running
<br />northerly along the west line of Lot 20, Block 2, Imperial Village Subdivision, a distance of Twenty and
<br />Fourteen Hundredths (20.14) feet to the Point of Beginning, thence continuing northerly along said
<br />west line of Lot 20, a distance of Eighty Five (85.00) feet; thence deflecting 90 °00'00" left, and running
<br />a distance of One Hundred Ten (110.00) feet; thence deflecting 90 °00'00" left, and running a distance
<br />of Eighty Five (85.00) feet; thence deflecting 90 °00'00" left, and running a distance of One Hundred
<br />Ten (110.00) feet to the Point of Beginning, containing 9,350 square feet more or less.
<br />A portion of the E 1/2 of the SW 1/4, Section 8, T11 N, R9W, Grand Island, Hall County, Nebraska, more
<br />particularly described as follows:
<br />Beginning at the northeast corner of Lot 20, Block 2, Imperial Village Subdivision; thence running
<br />easterly on an extension of the north line of said Lot 20, a distance of Seven and One Hundredths
<br />(7.01) feet a point on the west right -of -way line of Custer Avenue, thence running northerly along said
<br />west right -of -way line a distance of Eighty Four and Ninety One Hundredths (84.91) feet; thence
<br />deflecting 89 °42'29" left, and running a distance of One Hundred Forty Seven and Forty One
<br />Hundredths (147.41) feet; thence deflecting 90 °00'00" left, and running a distance of Eighty Five
<br />(85.00) feet to a point on the north line of said Lot 20; thence running easterly along said north line of
<br />Lot 20, a distance of One Hundred Forty and Eighty Three Hundredths (140.83) feet to the Point of
<br />Beginning, containing 12,541 square feet more or less.
<br />The BUYER agrees to purchase the above described Right of Way and to pay, therefore, upon the
<br />delivery of said executed Deed. If the OWNER so desires, they shall have the right to receive 100% of the
<br />final payments due under this contract prior to vacating the premises being acquired.
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