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<br />?9-».°dQt~~~t3 <br />Z2 E S C~ L ~; "~ I C+ r~ <br />~r~~Iti",A3, the Lity of Grand Island is t"tie o~rner of real <br />estate ups = r~hich nss beer constructed the new I'iTGA/~~GA '~uildir,~; <br />and <br />tJF3EItgAS, the ~i:^`t;A/YWCA P:ew Building Ca,.paration, together <br />with the t~fiCA and the YWCA, are require~3 for loan ~iurpasea to show <br />a separation. of the structure from the real estate by mieans of <br />a aeverartce ag-reeuient ; and <br />~rit~E~AB, to properly reflect the separation of responsibilities <br />regarding the real estate and the structure, it is in the City's <br />best interests to ~~ter into such a severance agreement. <br />MOty, Ff3RE, BE IT ?~SQLgED BY Tt~~ ?~il'OR AI~fit COL'aiCIL OF <br />2'li'E CI'?'SC OF GRAT:D ISLA,~TC, r3E&'cASY.A, that the Mayor is hereby <br />authorized to sign the severar:ce agreement between the City of <br />Grand Island and the YMCA}Y67CA lew wilding Corporation, Ycg 'u~az's <br />Christian Association of Grand Island, Nebraska, and the Young t~tomen's <br />Gnriatian Association of Grand Island, ir'e~+raaks. <br />B~ IT FLxt1'f~EF: ~SgI,VEr~ that the City clerk should coordinate <br />with the =yew building Corporation to see to it that the serancc <br />asrss~nt is tiled with the rteaster of ~eeda of Mali Gous-ts. <br />Webras~a, _ _ - <br />