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1 <br />1 <br />1 <br />ORDINANCE NO. 9465 (Cont.) <br />2 <br />20130978/ <br />said Fractional Lot Two (2), a distance of Eleven and Sixteen Hundredths (11.16) <br />feet, to a point Ten (10.00) feet east of the west line of said Fractional Lot Two <br />(2), if extended; thence running southerly parallel with and Ten (10.00) feet east <br />of the west line of said Fractional Lot Two (2), a distance of One Hundred <br />Twenty Seven and Fifty Two hundredths (127.52) feet, to the ACTUAL Point of <br />Beginning and containing 1,150.3 square feet (0.026 acres) more or less. <br />SECTION 2. In consideration for such conveyance the City shall pay Grand <br />Island Area Habitat for Humanity, Inc., the sum of One and No /100 Dollars ($1.00). The buyer <br />will be responsible for the costs of recording the deed and one half the cost of a title insurance <br />owner's policy and all the cost of any lender's policy. Conveyance of the real estate above <br />described shall be by warranty deed, upon payment of the consideration pursuant to the terms <br />and conditions of an Agreement for Warranty Deed between the parties. <br />SECTION 3. As provided by law, notice of such conveyance and the terms <br />thereof shall be published for three consecutive weeks in the Grand Island Independent, a <br />newspaper published for general circulation in the City of Grand Island. Immediately after the <br />passage and publication of this ordinance, the City Clerk is hereby directed and instructed to <br />prepare and publish said notice. <br />SECTION 4. The conveyance of said real estate is hereby authorized, directed <br />and confirmed; Grand Island Area Habitat for Humanity, Inc., shall make, execute and deliver to <br />the City of Grand Island, a warranty deed for said real estate, and the execution of such deed is <br />hereby authorized without further action on behalf of the City Council. <br />SECTION 5. This ordinance shall be in force and take effect from and after its <br />passage and publication, within fifteen days in one issue of the Grand Island Independent as <br />provided by law. <br />