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ORDINANCE NO. 8063 (Cont) 200010653 described may be by quit claim deed, upon delivery of the consideration. A title insurance policy is not required to be furnished by the City. SECTION 5. 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 after the passage and publication of this ordinance, the city clerk is hereby directed and instructed to prepare and publish such notice. SECTION 6. 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 legal electors of the City of Grand Island equal in number to thirty percent of the electors 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 7. The conveyance of said real estate is hereby authorized, directed, and confirmed; and if no remonstrance be filed against such conveyance, the Mayor and City Clerk shall make, execute, and deliver to MONFORT, INC., a Delaware corporation, a quit claim deed for said real estate, and the execution of such deed is hereby authorized without further action on behalf of the City Council. Approved as to Form v 42r January 20, 1995 • City Attorney 6