The City retains the express authority to issue bonds, enter into contracts, or incur other obligations as allowed by the Act subject only to the approval of City Council.
As set forth in Neb. Rev. Stat. § 77-4426, no consent of any department, division, commission, board, bureau, or instrumentality of the State is required and no other proceedings or happenings, or any other conditions or things than those actions required by Council shall be required. The validity of and security for any bonds, contract, or other obligations shall not be affected by the existence or nonexistence of any such consent or other proceedings, conditions, or things. No other proceedings except those required under this Program shall be required. No other laws shall apply to bonds, contracts, or other obligations issued or entered into pursuant to the Good Life District Economic Development Act.
Pursuant to Neb. Rev. Stat. § 77-4427, In any suit, action, or proceeding involving the validity or enforceability of any bonds, contract, or agreement of a city pursuant to the Good Life District Economic Development Act, or the security therefore, brought after the lapse of thirty days after the authorization by the City Council for the issuance of such bonds or entry into such contract or agreement, any such bond, contract or agreement, and the security therefore and provisions therein, reciting in substance that it has been authorized by the city pursuant to the Good Life District Economic Development Act or to provide financing for a Good Life District Economic Development Program shall be conclusively deemed to have been authorized for such purpose and such bonds, contracts, or agreement, and security therefore and provisions therein, issued or delivered pursuant to such authorization shall be conclusively deemed to have been issued, entered into, provided, and carried out in accordance and compliance with the purposes and provisions of the Good Life District Economic Development Act, and deemed to be valid and binding obligations and agreements of the city for the duration of the term of such obligations and agreements as provided therein.
All State actions brought pursuant to the Program shall be brought in the District Court of Hall County, Nebraska. All Federal actions shall be brought in the District of Nebraska.
All applicants for Projects or Program Funds which involve one or more persons, entities, or owners shall waive its right to bring any cause of action related to the Program or any Program Project or any contract for Funds except for those causes of action filed jointly by all impacted persons, entities, or owners other than the City of Grand Island. In the event an action is filed with the consent of all involved parties other than the City of Grand Island, while said cause of action is pending no additional appropriation or distribution of Program Funds or any other public financing authorized by the Act, or as part of any project approval, shall be made until such time as said cause of action is resolved and all applicable appeal times have lapsed. Any appropriations or distributions which would have been made between the filing of said cause of action and the expiration of any opportunity to appeal shall be deemed waived by the applicant for Funds.
If any provisions of the Act are inconsistent with the provisions of any other law of the State of Nebraska, or ordinance of the City of Grand Island, the provisions of the Act shall be controlling.
The powers conferred to the City by the Good Life District Economic Development Act shall be in addition and supplemental to the powers conferred by any other law of Nebraska, including, without limitation, the Local Option Revenue Act, the Community Development Law, the Local Option Municipal Economic Development Act, and the Good Life Transformational Projects Act.
The Good Life District Economic Development Act and all grants of power, authority, rights, or discretion to a city under the act shall be liberally construed, and all incidental powers necessary to carry the act into effect are hereby expressly granted to and conferred upon a city. Nothing in this Program or the Act shall be construed to limit the existing statutory authority of the City of Grand Island.
(Added by Ord. No. 9983, effective 09-03-2024)