RES 2011-0886 - Crossroads District study area substandard and blighted area 'do ,'44.1 m Planning Department
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,, ��.� 7 , (1 3 1 2. y Omaha/Douglas Civic Center
54,' 4'"6 L'1 V 1819 Farnam Street Suite 1100
c+�.r .� i► ,� JUL ttt 1 Omaha,Nebraska 68183
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°�P e� Telefax(402)444-6140
ep�D FEaRV� CITY
c,1
l 'r 4i..Et,t 4 R.E.Cunningham,RA,F.SAME
City of Omaha i e . i t S s : Director
Jim Suttle,Mayorto
July 19, 2011
Honorable President
and Members of the City Council,
The attached Resolution approves a blighted and substandard designation of a study area that is
approximately 754 acres called the Crossroads District Community Redevelopment Area. The
boundaries are generally described as Western Avenue, Cass Street and Dodge Street to the north, 84th
Street, 78`h Street and 72nd Street to the west, Pacific Street to the south, and 67th Street, 72nd Street, 69th
Street,Hackberry Road and 66th Street to the east. More specifically,the study area has boundaries which
include census tract block groups: 4600-3, 6400-4, and 6701-1 pursuant to the Nebraska Community
Development Law. This means that the area meets the standard established by Nebraska's Community
Development Law as being blighted and substandard.
This designation area will allow the City to stimulate additional economic development activity within
the core of the Crossroads District study area and allow for the preparation of redevelopment plans within
the study area. Once redevelopment plans are approved, TIF may be used to cover some of the TIF-
eligible costs associated with public improvements, acquisition, demolition, site preparation,
environmental remediation, grading, and architectural and engineering.
The designation is intended to supplement and not supplant previous determinations that some areas
within the study area have previously been declared blighted and substandard. The designation is a t
prerequisite to utilizing the tools available under the Nebraska Community Development Statutes,
including Tax Increment Financing, to offset some of the development/redevelopment and public
infrastructure costs associated with future redevelopment plans for the revitalization of the study area.
The Planning Board approved this designation of the Crossroads District study area as a community
redevelopment area meeting the standards established by the Nebraska Community Development Law at
the July 6,2011 Planning Board meeting.
Honorable President
and Members of the City Council
Page 2
Your favorable consideration of this Resolution will be appreciated.
Respectfully submitted, Referre to City Council for Consideration:
77C/Z• //
tt�4101F
Cunningham Date Mayor's f ice Date
rill'� .Planning Directo
Approved: ar
as21... 4,...-A 7,- /f- I/ C11,./-1461-(_, 7- 1f-1/
c'�j�Pam Spaccarotella Date Rob rt G. Stubbe,P.E. Date
1 "Finance Director Public Works Director
Notice of Publication Dates: July 21, 2011 and July 28,2011
Public Hearing Date: August 9,2011
Plnlsf1550-cover letter
EXHIBIT "A"
THE CROSSROADS DISTRICT
COMMUNITY REDEVELOPMENT AREA
DESIGNATION F/K/A
SUBSTANDARD & BLIGHT DESIGNATION
CENSUS TRACT BLOCK GROUPS:
4600-3, 6400-4, and 6701 -1
Boundaries follow the census tract block group boundaries and are Western
Avenue, Cass Street and Dodge Street to the north, 84th Street, 78th Street and
72nd Street to the west, Pacific Street to the south, and 67th Street, 72nd Street, 69th
Street, Hackberry Rd and 66th Street to the east. More specifically, the study area
has boundaries which only include census tract block groups: 4600-3, 6400-4, and
6701-1
JULY 2011
otAAHA,N
p4 H �„ F64,
.� � .
6�r� ` 7 lOMAHA
OVII
7. 11131 v;!`Laryy
Off'''RD FED'O' 1
Jim Suttle, Mayor City of Omaha R. E. Cunningham, RA, F. SAME
Director, Planning Department
Omaha/Douglas Civic Center
1819 Farnam Street, Ste. 1111
Omaha, Nebraska 68183
lly,the study area has boundaries which
include census tract block groups: 4600-3, 6400-4, and 6701-1 pursuant to the Nebraska Community
Development Law. This means that the area meets the standard established by Nebraska's Community
Development Law as being blighted and substandard.
This designation area will allow the City to stimulate additional economic development activity within
the core of the Crossroads District study area and allow for the preparation of redevelopment plans within
the study area. Once redevelopment plans are approved, TIF may be used to cover some of the TIF-
eligible costs associated with public improvements, acquisition, demolition, site preparation,
environmental remediation, grading, and architectural and engineering.
The designation is intended to supplement and not supplant previous determinations that some areas
within the study area have previously been declared blighted and substandard. The designation is a t
prerequisite to utilizing the tools available under the Nebraska Community Development Statutes,
including Tax Increment Financing, to offset some of the development/redevelopment and public
infrastructure costs associated with future redevelopment plans for the revitalization of the study area.
The Planning Board approved this designation of the Crossroads District study area as a community
redevelopment area meeting the standards established by the Nebraska Community Development Law at
the July 6,2011 Planning Board meeting.
• Substandard and Blight Designation hereinafter called a Community
Redevelopment Area Designation
Census Tract Block Groups: 4600-3, 6400-4, and
6701-1
The Crossroads District
The study area is comprised of approximately 754 acres. The study area contains a prime intersection
which has historically been the crossroads of Omaha; a prime,central, historic landmark,and cross-
section in Omaha, Nebraska.
The study area is located within several census tracts and block groups as noted above. The general
boundaries follow the census tract block group boundaries and are as follows:
Western Avenue, Cass Street and Dodge Street to the north, 84th Street, 78th Street and 72nd
Street to the west, Pacific Street to the south, and 67th Street, 72"d Street, 69th Street, Hackberry
Rd and 66th Street to the east.
More specifically,the study area has boundaries which only include census tract block groups:4600-3,
6400-4, and 6701-1 pursuant to the Nebraska Community Development Law.
According to traffic counts conducted since 2009, the Crossroads intersection remains one of the
busiest, highly traveled areas by vehicle count in Omaha. The EADT conducted July of 2010 resulted in
89,388 cars which travelled through this intersection daily. This intersection represents the fourth
highest traffic count area behind the following intersections:
• 90th&West Dodge Road
• 93`d &West Dodge Road (north leg)
• 72"d& Pacific Streets
The substandard and blight designation allows for the preparation of redevelopment plans within the
study area. The redevelopment plans will authorize the utilization of Tax Increment Financing (TIF)
within the study area. It is contemplated that a series of redevelopment projects would come forth to
help transform and the Crossroads District as described above into a mixed-use,transit-oriented district
comprised of high-density residential, commercial, retail and entertainment venues. If approved,TIF
may be used to cover some of the TIF eligible costs associated with acquisition, demolition, site
preparation,environmental remediation,grading and public improvements.
Crossroads Mall
The mall is an enclosed shopping mall located in Omaha, Nebraska at the intersection of 72nd and
Dodge Streets. It was originally opened in September 1960 as the "Crossroads Shopping Center" by
Omaha's Brandeis department store. The mall has been home to several major national chains,
including Sears, Dillard's,Younkers and Target.
Crossroads Mall underwent a $35 million renovation project which began in 1986 and was completed in
1988. The renovation created a new wing, which runs perpendicular to the original corridor to the north
by adding two floors of retail space. Dillard's was the new anchor at that north end. Also, a 6-story
parking structure was added on the northeast corner of the Dillard's store during the renovations.
' . In early 2005, Younkers department store closed, and the building was completely demolished in
preparation for a new Target store which opened in July, 2006. By observing the rent rolls for the Mall
between 2006—2008 revenues declined. The most recent rent rolls of 2010 indicate a continual
decrease in the revenues since 2008. The two anchors continue to do relatively well, however. The
Dillard's department store was closed in August 2008 and by the spring of 2009, the entire second level,
including the food court,was vacant. The mall's distress was not only demonstrated by a decline in
revenues, but also a change in its tenant mix: from national and regional retailers to local retailing
tenants. Also, lease terms and structures weakened from strong long-term market rates to month-to-
month lease structures.
In mid-June 2009,Simon Malls announced that Crossroads was for sale. After changing hands a couple
of times in the past two years, Century Development is the current owner. Century has displayed a
strong concern for moving the mall in the best direction for Omaha.
Architectural Design of the Crossroads Mall
The design of the mall is obsolete in comparison to changing market conditions. When Crossroads Mall
was originally constructed in 1960, it was built as a single-story straight shot connector between the two
anchor stores: Sears at the west and Brandeis at the east. Both Sears and Brandeis were 3-story
buildings. The first floor of each building is actually the basement level of the mall, but had exterior
access for the anchors. The second floor(originally called the "Arcade Level") opens into the mall;
however,there was no mall or exterior access to the third floor of either anchor store.
Today, Crossroads Mall's design is as an enclosed mall with two levels of retail space. A third level
(basement) houses the mall management office and remains under-utilized. The mall features a 2"d
level food court that overlooks the center court and is housed under a unique large white membrane
"tent" with two peaks. The north wing has large skylights which run the entire length of the mall
corridor, while the east, west, and south wings are absent from natural lighting. Unlike the original
anchors,the first and second floors of Dillard's store match up with the first and second floors of the
mall.
The new p
Target has one level of retail space with entrances to'the south providing access from the
g
surface parking lot and into the mall. Unlike the former Younkers department store, the Target store
does not connect to the parking garage. Instead,the skywalk that opened into the former Younkers
store now leads to a new stairway down to the mall entrance into an expanded entrance north of
Target's mall entrance.
Crossroads Vicinity
The significance of the Crossroads Mall can be summarized by the following:
o It is a sizeable, historic, central landmark to the City of Omaha, Nebraska, and
o It is a sizeable asset that is not realizing is highest and best use as a distressed mall,thereby
reducing the attractiveness of quality retailing in the vicinity.
Malls had become supersized over the years. Some have become behemoths that served entire regions,
such as the King of Prussia Mall in Pennsylvania and the Mall of America in Minnesota. While some
traditional malls have done well by attracting and targeting key anchors and complementary retailers
and restaurants to surround the malls, Crossroads became a struggling asset.
Malls have transformed from traditional enclosed areas, some to mega retailing destinations,to
shopping destinations that incorporate open spaces that pedestrian friendly with public spaces. In fact,
the emergence of these lifestyle centers across the country has demonstrated their success in the
metropolitan area—Village Pointe and Shadow Lake Shopping Centers. Crossroad's survival as a retail
destination will require re-purposing this asset to compete with other retail centers in the metropolitan
•
area.
The following are a few reasons that shopping malls become distressed:
o Loss of anchors due to department store consolidations, nationally
o Newer competition enters the market
o Changing demographic conditions
o Poor mall management
Sometimes, it is a combination of the above.
Crossroads in its current design layout is functionally obsolete and is incapable of fulfilling the needs of
retailers today. By not staying current with the demands of the retail market and the subsequent loss
of major tenants,the Crossroads has lost its prominence as a shopping destination.
As a retail hub and shopping anchor to the eastern section of Omaha,the Crossroads decline negatively
impacted retail trade in the general vicinity. Since retail thrives off pedestrian traffic, the decline in the
area's retailing activity further diminished its ability to compete with other shopping destinations in the
metro to pull retail traffic at the level of its competitors. We can look at the area's performance at the
zip code level. Crossroads is in zip code 68114. The 2002 and 2007 Census of Retail Trade demonstrates
that for zip code 68114, the total number of retail establishments fell from 335 to 298, or approximately
11%between this five-year period. See chart 1 for illustration of the changes in retail establishments
during this five-year period. This area "suffered" a decline while state-wide and within the metropolitan
area there was more stability in number of retail establishments.
20.0%
15.0%
10.0%
5.0% ■Crossroads Vicinity
0.0% - ,-- ,-_... ,- ._ _.. r_ -,- .. -1_ - Omaha MSA
ir
-5.0% -, e sad... e 5 5
■Nebraska
e
-10.0% 'i. °'- Qa>- \ (.§ \e(:," e \cap ,
-15.0% O t
-20.0% —
Source:2002 and 2007 Census of Retail Trade,Robert Tunstall of Market Analytics
As a distressed asset,the Crossroads Mall has become an economic liability, detracting from the
economic vitality and potential of the general vicinity. This result was a loss in retail activity, which lead
to a loss in
o Retail sales—loss of anchors in the area
o Sales tax revenues
significance of the Crossroads Mall can be summarized by the following:
o It is a sizeable, historic, central landmark to the City of Omaha, Nebraska, and
o It is a sizeable asset that is not realizing is highest and best use as a distressed mall,thereby
reducing the attractiveness of quality retailing in the vicinity.
Malls had become supersized over the years. Some have become behemoths that served entire regions,
such as the King of Prussia Mall in Pennsylvania and the Mall of America in Minnesota. While some
traditional malls have done well by attracting and targeting key anchors and complementary retailers
and restaurants to surround the malls, Crossroads became a struggling asset.
' o Property tax revenues.
Although the current anchors maintain a flow of customers,the Crossroads area no longer has the
economic pull that it is capable of unless the mall is redevelopment and repurposed.
Land Use
According to the County Assessor's records,there are approximately 155 total structures in the study
area. The following are the types of structures currently in the study area:
o Commercial properties 112,or 72.25%
o Residential properties 36,or 23.23%
o Other 7, or 4.52%
There are several properties within the study area that have not been properly subdivided.
Redevelopment opportunities resulting from this substandard and blight designation will authorize the
use of TIF and will allow for properly subdividing the properties.
The study area has a mix of zoning classifications: GC,CC, LC, GI and a few Residential zoning
classifications. The primary zoning classifications for this area are GC and GI. The Crossroads Mall is
zoned GC ACI (2). Any zoning changes will be identified by future, individual redevelopment projects.
Study Area Census Tract Information and Other Blight and Substandard Characteristics
According to the most current decennial census with pertinent data for blight conditions, the 2000
Census the following are the three census tracts and respective block groups that encompass the study
area:
Census Tract Block Group Characteristic
Unemployment> 120%at or above State's Rate of 4.2%
4600 3 Per Capita Income <Omaha's$21,756
Age of Residential Units>40 Years Old
6400 4 Population stable or decreasing(<5%increase)
6701 1 Unemployment> 120%at or above State's Rate of 4.2%
Note:During the time of this study, the 2010 Decennial Census data required to complete this analysis was not available. The
2000 Decennial Census data is the source of the data for this analysis.
There is the existence of defective or inadequate street layout and faulty lot layout in relation to size
that inhibit proper growth of retail trade on both sides of Dodge Street, especially between 72nd and 76th
Streets. In addition, there are improper site lines of businesses which hinder marketing efforts. There is
also deterioration of sites and/or other improvements within the study area due to abandoned retail
structures. These conditions substantially impair or arrest the sound growth of the community, retard
the provision of housing accommodations and constitute an economic and social liability.
As the Crossroads area transforms to a more economically vital retail destination, proper public
infrastructure will be required. Also since the area is within an ACI (2)overlay district, development will
be required to comply with the applicable ACI zoning overlay requirements. Current policy places the
burden of these types of improvements on the developer. This results in a disincentive for re-
investment in property. The substandard and blight designation resulting in redevelopment plans and
authorizing the use of TIF will help defray public infrastructure costs,thereby incentivizing developers to
redevelop and re-invest in property. Due to the magnitude of the redevelopment necessary to
,
such as the King of Prussia Mall in Pennsylvania and the Mall of America in Minnesota. While some
traditional malls have done well by attracting and targeting key anchors and complementary retailers
and restaurants to surround the malls, Crossroads became a struggling asset.
•
. transform not only the Crossroads Mall property but the Crossroads District,various funding sources will
be required—Tax Increment Financing is one.
The substandard and blight designation hereinafter called a community redevelopment area designation
is only the first step to allow for the authorization of TIF. The designation authorizes the preparation of
redevelopment plans for revitalization and allows for additional economic development activity to occur
within the study area. In addition to allowing for the re-purposing the Crossroads Mall through the use
of TIF, other businesses in the study area will have opportunities to carry-out redevelopments of their
respective properties and to take advantage of TIF.
•
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As the Crossroads area transforms to a more economically vital retail destination, proper public
infrastructure will be required. Also since the area is within an ACI (2)overlay district, development will
be required to comply with the applicable ACI zoning overlay requirements. Current policy places the
burden of these types of improvements on the developer. This results in a disincentive for re-
investment in property. The substandard and blight designation resulting in redevelopment plans and
authorizing the use of TIF will help defray public infrastructure costs,thereby incentivizing developers to
redevelop and re-invest in property. Due to the magnitude of the redevelopment necessary to
,
such as the King of Prussia Mall in Pennsylvania and the Mall of America in Minnesota. While some
traditional malls have done well by attracting and targeting key anchors and complementary retailers
and restaurants to surround the malls, Crossroads became a struggling asset.
Chairperson
Board of Commissioners
Douglas County
• ,LC2 Civic Center
1819 Farnam Street
Omaha, NE 68183-0001
Chairperson
Omaha Public Schools
3215 Cuming Street
Omaha, NE 68131
Chairperson
Board of Governors
Metropolitan Community College
3000 Fort Street
Omaha, NE 68111
•
Chairperson
Board of Directors
Papio Natural Resources District
8901 South 154th Street
Omaha, NE 68138
President
Educational Services Unit 1
3215 Cuming Street
Omaha, NE 68131
Chairperson
Metropolitan Utilities District
1723 Harney Street
Omaha, NE 68102
Chairperson
Metro Area Transit Authority
2222 Cuming Street
Omaha, NE 68102
Chairperson
Omaha/Douglas Public Building Commission MAILING LIST RECEIVED 7 -/ t 7/
RECEIVED BY
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und growth of the community, retard
the provision of housing accommodations and constitute an economic and social liability.
As the Crossroads area transforms to a more economically vital retail destination, proper public
infrastructure will be required. Also since the area is within an ACI (2)overlay district, development will
be required to comply with the applicable ACI zoning overlay requirements. Current policy places the
burden of these types of improvements on the developer. This results in a disincentive for re-
investment in property. The substandard and blight designation resulting in redevelopment plans and
authorizing the use of TIF will help defray public infrastructure costs,thereby incentivizing developers to
redevelop and re-invest in property. Due to the magnitude of the redevelopment necessary to
,
such as the King of Prussia Mall in Pennsylvania and the Mall of America in Minnesota. While some
traditional malls have done well by attracting and targeting key anchors and complementary retailers
and restaurants to surround the malls, Crossroads became a struggling asset.
•
oMAHA, NF
• CityofOmaha fAiebraskg •
.�
1819 Farnam—Suite LC 1 l 0® �ill! `:�f vilea
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Omaha, Nebraska 68183-0112 ro
Buster Brown (402) 444-5550
o 4
City Clerk FAX (402) 444-5263 4b41
FE9Rx�4`
"NOTICE TO TAXING AUTHORITY"
Notice is hereby given that the Omaha City Council has set Tuesday, August 9,
2011 at 2:00 p.m. as the date of Public Hearing on the blighted and substandard
designation of the Crossroads District study area.
A study was conducted in an area of approximately 754 acres called the
"Crossroads District" with boundaries general described as Western Avenue,
Cass Street and Dodge Street to the north, 84th Street, 78th Street and 72nd
Street to the west, Pacific Street to the south and 67th Street, 72nd Street, 69th
Street, Hackberry.Road and 66th Street to the east, more specifically, the study
area has boundaries which include census tract block groups: 4600-3, 6400-4
and 6701-1. The Crossroads District study area meets .the conditions of both a
blighted and substandard area in need of redevelopment as contemplated by the
requirements of Nebraska Community Development Law. Once redevelopment
plans are approved, TIF may be used to cover some of the TIF-eligible costs
associated with public improvements, acquisition, demolition, site preparation,
environmental remediation, grading, architecture and engineering.
A copy of said plan is available for public inspection in the City Clerk's Office.
Public Hearing will be held before the. City Council of the City of Omaha, in the
Legislative Chambers, Omaha/Douglas Civic Center, 1819 Farnam Street,
Omaha, Nebraska.
Buster Brown
City Clerk
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t•._a-2 v .i. sty. f l.. _-y t'j a':i!l
und growth of the community, retard
the provision of housing accommodations and constitute an economic and social liability.
As the Crossroads area transforms to a more economically vital retail destination, proper public
infrastructure will be required. Also since the area is within an ACI (2)overlay district, development will
be required to comply with the applicable ACI zoning overlay requirements. Current policy places the
burden of these types of improvements on the developer. This results in a disincentive for re-
investment in property. The substandard and blight designation resulting in redevelopment plans and
authorizing the use of TIF will help defray public infrastructure costs,thereby incentivizing developers to
redevelop and re-invest in property. Due to the magnitude of the redevelopment necessary to
,
such as the King of Prussia Mall in Pennsylvania and the Mall of America in Minnesota. While some
traditional malls have done well by attracting and targeting key anchors and complementary retailers
and restaurants to surround the malls, Crossroads became a struggling asset.
•
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C-25A CITY OF OMAHA ..
LEGISLATIVE CHAMBER
Omaha,Nebraska ,-,'
RESOLVED BY THE CITY COUNCIL OF THE CITY OF OMAHA: ,
WHEREAS, the primary objectives of the City of Omaha's Master Plan and Community:
Development Program are to encourage additional private investment and infill development within inner;
city neighborhoods; and to eliminate the conditions which are detrimental to the public health, safety arid
welfare by developing vacant, underutilized property within these neighborhoods; and, c:_ 1
WHEREAS, State Statute 18-2109 requires that before any redevelopment plan be
prepared, the City Council must declare that the proposed redevelopment area, hereinafter called a
community development area, meets the standards established by Nebraska's Community Development
Law as being a substandard and blighted area in need of redevelopment; and,
WHEREAS, a study was conducted in an area of approximately 754 acres called the
"Crossroads District" with boundaries generally described as Western Avenue, Cass Street and Dodge
Street to the north, 84th Street, 78th Street and 72nd Street to the west, Pacific Street to the south, and 67th
Street, 72nd Street, 69th Street, Hackberry Road and 66th Street to the east; more specifically,the study area
has boundaries which include census tract block groups: 4600-3, 6400-4, and 6701-1; and, •
WHEREAS, the Crossroads District study area meets the conditions of both a blighted
and substandard as defined by State Statute 18-2103 pursuant to the analysis described in Exhibit "A"
attached hereto and made a part hereof; and,
WHERAS, this analysis and designation shall supplement and not supplant the areas
already declared blighted and substandard within the study area; and,
WHEREAS, the City of Omaha Planning Board recommended the approval of the
Crossroads District to be declared a community redevelopment area at their public hearing on July 6,
2011.
NOW, THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OMAHA:
THAT, the Crossroads District study area with boundaries generally described as
Western Avenue, Cass Street and Dodge Street to the north, 84th Street, 78th Street and 72nd Street to the
west, Pacific Street to the south, and 67th Street, 72nd Street, 69th Street, Hackberry Road and 66th Street to
the east is hereby declared to be a substandard and blighted area in need of redevelopment as
contemplated by the requirements of Nebraska Community Development Law.
APPROVED AS
-.--------.\--2 ,--- .. • .\ ---t 71u1 1
ASO-CITY ATTORNEY DATE
s 150-r -
By
•• cilmember
Adopted...AUG -.9..2011__ --'.a
„,,, -- 4 ,; , 44---i . _ _. Clerk 'ii ,�
Approv" d...
Mayor
y places the
burden of these types of improvements on the developer. This results in a disincentive for re-
investment in property. The substandard and blight designation resulting in redevelopment plans and
authorizing the use of TIF will help defray public infrastructure costs,thereby incentivizing developers to
redevelop and re-invest in property. Due to the magnitude of the redevelopment necessary to
,
such as the King of Prussia Mall in Pennsylvania and the Mall of America in Minnesota. While some
traditional malls have done well by attracting and targeting key anchors and complementary retailers
and restaurants to surround the malls, Crossroads became a struggling asset.
0
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elopments of their
respective properties and to take advantage of TIF.
'NOTICE TO PUBLIC' THE DAILY RECORD
NOTICE OF PUBLIC HEARING ON THE �/�
i. BLIGHTED AND SUBSTANDARD OF OMAHA
DESIGNATION OF THE CROSSROADS
' DISTRICT STUDY AREA RONALD A. HENNINGSEN, Publisher
Notice is hereby given that the Omaha
City Council has set Tuesday, August 9, PROOF OF PUBLICATION
2011 at 2:00 p.m. as the date of Public
Hearing on the blighted and substandard
designation of the Crossroads District study UNITED STATES OF AMERICA,
area.
A study was conducted in an area of The State of Nebraska,
approximately 754 acres called the. SS.
-Crossroads District' with boundaries District of Nebraska,
generally described as Western Avenue, Cass County of Douglas,
Street and Dodge Street to the north, 84"
Street;78'Street and 72n"Street to the west, City of Omaha,
Pacific Street to'the south and 67" Street,
72"d Street, 69' Street, Hackberry Road and J. BOYD
66'" Street to the east, more specifically, the
study area has boundaries which include
census tract block groups: 4600-3,6400-4 and being duly sworn,deposes and says that she is
6701-1. The Crossroads District study area
meets the conditions of both a blighted and LEGAL EDITOR
substandard area in need of redevelopment
as contemplated by the requirements of Nebraska Community Development Law. of THE DAILY RECORD, of Omaha, a legal newspaper, printed and
Once redevelopment plans are approved,TIF published daily in the English language, having a bona fide paid
may be used to cover some of the li- circulation in Douglas Countyin excess of 300 copies, printed in
TIF-
eligible costs associated with public g P
improvements, acquisition, demolition, site Omaha,in said County of Douglas,for more than fifty-two weeks last
preparation,ingarchitecture environmental andg remgdiation, past; that theprinted notice hereto attached was published in THE
grading, engineering.
A copy of said plan is available for public DAILY RECORD,of Omaha,on
inspection in the Cityy
Clerk's Office.
Public Hearing will be held before the July 21 and 28, 2011
City Council of the City of Omaha, in the
Legislative Chambers, Omaha/Douglas Civic
Center,1819 Famam Street,Omaha,Nebraska.
BUSTER BROWN,
City Cleric
ALL REQUESTS FOR SIGN LANGUAGE
INTERPRETERS (SIGNERS) WILL REQUIRE
A MINIMUM OF 48 HOURS ADVANCE That said Newspaper during that time was re u arly published and
NOTICE. in gen raI•`c'ii' 1at,}\on in the County of Douglas, 1r Skate of Nebraska.
IF ALTERNATIVE FORMATS ME NEEDED N MOS//
ALL REQUESTS WILL REQUIRE A MINIMUM
OF 72 HOURS ADVANCE NOTICE. ,.••'' RAL ••.• �'4 p
PLEASE NOTIFY CINDY FORD THINNES- ';c,F,� + Subscribed in my p/nce . . sworn to b, o e
444-5553, �." 6,3 •!
IF ARRANGEMENTS NEED TO BE MADE. bli4her' �RY me this 28th d:y of
h7-21&28-11 j M\SS)�
-.c ytional7�(�,t iig§s$ / I /_ I_ 1_
+i+,' •S�'�AYi6,?.00PS Notary Pub 'c or,Do Y.
‘4 qrE OF 03 r S . • . • ebras -
l of America in Minnesota. While some
traditional malls have done well by attracting and targeting key anchors and complementary retailers
and restaurants to surround the malls, Crossroads became a struggling asset.
"NOTICE TO PUBLIC"
NOTICE OF PUBLIC
HEARING ON THE
BLIGHTED AND SUB-
1 STANDARD STANDARD DESIGNA-
i TION ADS F THE CROSS- Proof publication
, ROADS DISTRICT STUDY Proof of�J
AREA
Notice is hereby given
that the Omaha City
Council has set Tues-
day,p.m.
9, 2011 at
P blic Hearings date of
AFFIDAVIT
blighted and substan-
dard designation of the
Crossroads District
study area.
A study was conducted State of Nebraska, County of Douglas, ss:
in an area of approxi-
lled 1
thete'yCrossroadscaD s-
trict" with boundaries April Christenson, being duly sworn, deposes and says that he/she is an
general described as
Western Avenue, Cass
Street and Dodge employee of The Omaha World-Herald, a legal daily newspaper printed and
Street to the north
•a4thnd 72ndn Street 78th Street published in the countyof Douglas and State of Nebraska, and of general
and to the ' g
west, Pacific Street to
the south and 67th
' Street 72nd Street, circulation in the Counties of Douglas,and Sarpy and State of Nebraska,and that
69th Street, Hackberry
; Road and 66th Street to the attached printed notice waspublished in the said newspaper on the 17il', 24`h
the east, more specifi- '
cally, the study area
•has boundaries which • and 28t of July, 2011, and that said newspaper is a le al newspaper under the
include census tract g
block groups: 4600-3, •
6400-4 and 6701-1. The statutes of the State of Nebraska. The above facts are.within mypersonal
Crossroads District • - .
study area meets the •
conditions of both a knowledge. The Omaha World-Herald hasaverage circulation of 153,944
' blighted and substan- an
' dard area in need of re-
development as con- Daily and 188,810 Sunday,in 2011. '
templated by the re-
quirements of Nebras- •
ka Community Devel-
opment Law. Once re-
development plans are
approved, TIF may be ,
used to cover some of
the TIF-eligible costs
associated with public (Signed) Title:Account Executive
improvements,acquisi-
tion, demolition, site
preparation, environ-
' mental remediation,
grading,• architecture
and engineering. Su scribed in my presence and sworn to before me this O / s day of
A copy of said plan is
available for public in-
1 spection in the City
Clerk's Office.
Public Hearing will be
held before the City j
Council of the City of
Omaha, in the Legisla- i
tive Chambers, GENERAL NOTARY-State of N,braska '• r
• Cents 1819�Farnam MARCIA A.GUSTAFSON
' Street,Omaha,Nebras- Notary Public
ka.
My Comm.Exp.June 30,2012
Buster Brown
City Clerk
ALL REQUESTS FOR
SIGN LANGUAGE INTER-
PRETERS LL REQUIRIE GNER A MINI- Printer's Fee$
MUM OF 48 HOURS AD-
VANCE NOTICE.
IF ALTERNATIVE FOR-
MATS ARE NEEDED ALL Paid By
REQUESTS WILL RE-
QUIRE A MINIMUM OF
72 HOURS ADVANCE
NOTICE.
• PLEASE NOTIFY CINDY ,
FORD THINNES-444-
5553
I IF ARRANGEMENTS
NEED TO BE MADE.
i
Atimashia 'tate IcEtoislatur
SENATOR JOHN E. NELSON
•
District 6 '"'I',
6269 Glenwood Road it 11 COMMITTEES
Omaha, Nebraska 68132
(402)553-4292 Vice Chairman-Executive Board
Vice Chairman-Reference
Legislative Address: Appropriations
State Capitol moo .
PO Box 94604 '
Lincoln, Nebraska 68509-4604 „p,q j , , ' X �ill pi it 1 jl'iji Hi •}^-.
(402)471-2714
jnelson@leg.ne.gov
August 5, 2011
Omaha City Council
1819 Farnam St. Ste. LC-1
Omaha, NE 68183
Dear Members of the Omaha City Council:
As Nebraska State Senator for Legislative District 6, I am sending you this letter of
support for the Westside Community Schools as they work with the Omaha City
Council to reconfigure the proposed blighted/substandard area.- This area is entirely
contained within District 6 and encompasses much of the Westside School District
plus areas east of 72nd St.
I certainly support the Omaha City Council in their efforts to redevelop the Crossroads
Mall and surrounding areas. However, it is my hope that the City of Omaha will work
to minimize the impact of the proposed zone on the surrounding residential
neighborhoods. The Omaha Planning Board has redrawn the proposed zone so that it
impacts a smaller geographic footprint. I support this smaller zone and believe it will
help minimize the impact on our taxpayers while supporting the city's goals of
economic redevelopment. I urge the Omaha City Council to support this endeavor by
voting to approve the smaller redevelopment zone.
Thank you for your consideration in this matter of importance to many of my
constituents. Please contact my office if you have any additional questions.
Sincerely, TO CY
} ���/) 63' '.Sid? .<......... 111±—
StS atorJohn E. Nelson ci �.:`s to of Nebraska DIGi"di'i". ' _�
District 6 CH.OFSTIFF_.,-.t
402/471-2714 STAFE,.� -.,— ;_ - -�,'
CITY CLERK�._w....
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C HAM B E R
August 9, 2011
Hon. Tom Mulligan
President
Omaha City Council
1819 Farnam Street
Omaha, Nebraska 68183
RE: Crossroads District Community Redevelopment
Dear President Mulligan:
On behalf of the Greater Omaha Chamber, I am reaffirming our support for the proposed
Crossroads District Community Redevelopment Area designation.
The health of the 72nd and Dodge Street intersection and associated commercial corridors
are critical to the long-term vibrancy of the surrounding neighborhoods, and this area holds
great potential for employment and investment expansion.
We understand that there is concern that property taxes within all areas of the Community
Redevelopment Area Designation will be frozen at current levels and future taxes utilized
for redevelopment. We also understand that the process for creating a Tax Increment
. Financing (TIF) project, which does capture future tax growth, is separate from creating the
Community Redevelopment Area designation. As has been the practice of the City in the
past, each proposed project that seeks TIF will have its own approval process and public
hearings where the appropriateness of that development is evaluated on its own merit.
The Community Redevelopment Area Designation simply makes projects eligible for TIF
consideration and for that discussion of merit to occur. TIF does not freeze current tax
receipts on any property that is not approved for TIF.
Redevelopment efforts will set in motion a chain of economic activity that boosts overall
economic output throughout the community. The increase in spending will be felt
throughout the community.
We urge support for the Crossroads District Community Redevelopment Area designation.
TO CY
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1301 Harney St., Omaha, NE 68102 • 13206 Grover St., Omaha, NE 68144
Phone: (402) 346-5000 • Fax: (402) 346-7050
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COMMITTEE RECORDS
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LB CGZ YEAR v?"
Hundredth Legislature-First Session-200
Introducer's Statement of Intent
LB 562
Chairperson: Mike Friend
Committee: Urban Affairs
Date of Hearing: February 27, 2007
The following constitutes the reasons for this bill and the purposes which are sought to be
accomplished thereby:
LB 562provides a new tool for cities (of anysize)to use in seekingeconomic development and
P
redevelopment.
The bill allows a developer to enter into an agreement with a city to develop property within an
`enhanced employment area' defined by the city. An occupation tax would be imposed only on
those businesses within the enhanced employment area. Revenues generated by the occupation
tax would be pledged to payments on revenue bonds issued by the city. The tax ends when the
bonds are paid.
To qualify for this act,proposed development would have to meet employment and investment
guidehries based on the Nebraska Rural Development Act and the Nebraska Advantage Act.
Principal Introducer:
Senator Greg Adams
Statement of Intent for LB 562
Principal Introducer Senator Greg Adams
Urban Affairs Committee
Page 1
:' < . Hundredth Legislature - First Session - 2007
, Committee Statement
ip ,
LB 562
Hearing Date: February 27, 2007
Committee On: Urban Affairs
Introducer(s): (Adams)
Title: Change provisions relating to the Community Development Law
Roll Call Vote—Final Committee Action:
Advanced to General File
X Advanced to General File with Amendments
Indefinitely Postponed
Vote Results:
6 Yes Senator Friend, Cornett, Janssen,McGill, Rogert,White
0 No
0 Present,not voting
1 Absent Senator Lathrop
Proponents: Representing:
Senator Greg Adams Introducer
Walt Radcliffe Community Development Coalition, League of
NE Municipalities
Jo Dee Adelung League of NE Municipalities
Michael Nolan City of Norfolk
Jack Vavra City of York
Bruce Bohrer Lincoln Chamber of Commerce
Mark Bowen City of Lincoln
Opponents: Representing:
None
Neutral: Representing:
None
Summary of purpose and/or changes: This legislation relates to the Community
Development Law, proposing to authorize the creation of enhanced employment areas,
and the approval of redevelopment plans within these areas, the imposition of an
occupation tax within the areas to finance the redevelopment plans involving property
of owners of land in the enhanced employment areas who agree to undertake targeted
investment and employment goals.
It would be applicable to all cities and villages in the state.
Committee Statement: LB 562
Urban Affairs Committee
Page 1
The bill proposes to amend and add to the Community Development Law,but not
as regards the use of tax increment financing. It would authorize a new variety of
economic development program involving targeted aid to specific employers meeting
investment and employment goals, financing the aid by means of an occupation tax
collected in an enhanced employment area. The enhanced employment area need not
be located in a "substandard and blighted" area but its size cannot exceed an area of six
hundred acres.
A community redevelopment authority creating a redevelopment plan for a sub-
standard and blighted area may include in the plan the designation of an enhanced
employment area. A redevelopment plan may include any number of specific element
(see page 5 of the bill, beginning at line 7, through line 4, page 7 for a listing of the
various items that may be accomplished by means of such a plan and the degree to
which they must be identified prior to approval).
The governing body of the city or village, when contemplating approval of a
redevelopment plan may approve the designation of an enhanced employment area if it
determines several things.
First, that the proposed redevelopment project will result in at least twenty new
employees for a project with "new investment" of less than five million dollars; thirty—
five new employees for a project with "new investment" of between five and ten million
dollars, fifty new employees for "new investment" of between ten and twenty million
dollars, and sixty-five new employees for a project with new investment of twenty
million dollars or more. "New investment" is defined (page 9, line 9) as the value of
improvements to real estate made in an enhanced employment area by a developer or a
new business.
Second, that a majority of the new employees will be eligible for employer-
provided health insurance.
Finally, that the pay for the new employees meet or exceed the qualifying wage
for the project. Qualifying wage is defined beginning on line 17 of page 9, with a sliding
scale upward according to the level of investment, with a base established as provided in
subdivision i(b)of section 77-27,188.
In making these determinations, the governing body of the city or village may
rely on written undertakings provided by any redeveloper in connection with their
application for approval of the redevelopment plan.
When the property is to be owned by the redeveloper, the community
redevelopment authority may enter into a redevelopment contract providing for such
undertakings as the authority determines appropriate along with an express statement
by the redeveloper of its consent to the designation of the area as an enhanced
employment area and that this consent is binding on all future owners.
The authority is, with regard to any bonds or obligations incurred regarding the
plan in the enhanced employment area, expressly authorized to pledge all of the revenue
from a proposed occupation tax to be received from that area toward the retirement of
the bonds of indebtedness.
A city or village would be authorized to levy a general business occupation tax
upon the business and users of space located within the enhanced employment area for
the purpose of paying all or any part of the costs and expenses related to the
redevelopment project within the enhanced employment area. The general authority for
classification of businesses and rates of taxation are reiterated along with the authority
for enforcement of the tax. The tax is to remain in effect so long as there are
Committee Statement: LB 562
Urban Affairs Committee
Page 2
•
outstanding bonds of the authority which state that the tax is an available source for
payment.
Eminent domain is expressly prohibited as a means of acquisition of land which
is too transferred to a private party in the enhanced employment area.
If the proposed enhanced employment area is not substandard and blighted, the
occupation tax may be collected for the purpose of paying all or any of the costs or
expenses for the purposes listed in section 19-4(119 (dealing with business improvement
districts). The total amount of occupation tax collected is not to exceed the actual total
costs and expenses of performing the authorized work and the proceeds of the tax may
not be used for any other purpose.
Explanation of amendments, if any: The committee amendment is a "white copy"
amendment, striking all of the original provisions of the bill. Generally, it reflects the
changes proposed by the sponsor of the legislation at the public hearing on the bill and
found in AM467 presented at that time. To that amendment the committee added two
additional changes: it brought section io into the Community Development Law and
added into that section a list of the authorized purposes for fund expenditures taken
from section 19-41319 instead of merely using a reference to that statute.
In this amendment, the definition of "employer provided health insurance" is
deleted and replaced with a definition of "employer provided health benefits" which
means any item paid by the employer in total or in part that aids in the cost of health
care services, including health insurance, health savings accounts, end employer
reimbursement of health care costs.
The definition of"qualifying wage"is deleted in its entirety.
The original bill's language defining the qualifying number of new employees that
will result from new investment is changed so that it is tied to the size of the county in
which the enhanced employment area is located:
(a) two new employees and one hundred twenty-five thousand dollars of
new investment in counties with a population of fewer than fifteen thousand
inhabitants;
(b) five new employees and new investment of two hundred and fifty
thousand dollars in counties with a population of more than fifteen thousand but fewer
than twenty-five thousand inhabitants;
(c) ten new employees and new investment of five hundred thousand
dollars in counties with a population of more than twenty-five thousand but fewer than
fifty thousand inhabitants;
(d) fifteen new employees and new investment of one million dollars in
counties of more than fifty-thousand but fewer than on hundred thousand inhabitants;
(e)twenty new employees and new investment of one million five hundred
thousand dollars in counties with more than one hundred thousand but fewer than two
hundred thousand inhabitants;
(f) twenty-five new employees and new investment of two million dollars
in counties with more than two hundred thousand and less than four hundred thousand
inhabitants; or
Committee Statement: LB 562
Urban Affairs Committee
Page 3
business and users of space located within the enhanced employment area for
the purpose of paying all or any part of the costs and expenses related to the
redevelopment project within the enhanced employment area. The general authority for
classification of businesses and rates of taxation are reiterated along with the authority
for enforcement of the tax. The tax is to remain in effect so long as there are
Committee Statement: LB 562
Urban Affairs Committee
Page 2
(g) thirty new employees and new investment of three million dollars in
counties with more than four hundred thousand inhabitants.
Additionally, any business that has one hundred and thirty thousand square feet
or more of space and annual gross sales of ten million dollars or more is required to
offer an employer-provided health benefit of at least three thousand dollars annually to
all new employees who are working thirty hours a week or more on the average and who
have been employed for at least six months.
Section io of the original bill is stricken and replaced with totally new language
(which is then added to the Community Development Law). This section still deals with
the designation of an enhanced employment area in an area which is not designated as
substandard and blighted.
New definitions are added here, most significantly, the definition of number of
"new employees" (for qualifying purposes). This term means the number of equivalent
employees employed at a business in an enhanced employment area which exceeds the
number of equivalent employees employed in the year immediately preceding the year
in which the enhanced employment area was designated pursuant to this section.
A area not substandard and blighted may be designated as an enhanced
employment area if the governing body of the city or village determines that new
investment in the area will result in new employees and new investment on the same
terms as set forth above ((a) through (g)) and with the same requirement for employer
health benefits on the same terms.
When the area is designated, the city is authorized to impose a general
occupation tax upon businesses and users of space located in the enhanced employment
area (on the same terms as set forth in the original bill). The purposes for which the
proceeds may be expended are the costs and expenses of"authorized work," which are
now set out in the bill (while they are taken from section 19-4019).
By the express terms of this act, the city could issue revenue bonds to be repaid
from the proceeds of the occupation tax the city if authorized to levy for that purpose.
These powers are separate and independent of the-current bond and tax authority found
in section 18-21o3 of the Community Development Law.
Revenue bonds are authorized to defray the costs of authorized work and to
secure the payment of the bonds. The bonds can be issued in one or more series with
different maturity dates, interest rates, and any other terms and conditions deemed
necessary.
The bonds are "limited obligations of the city" and shall "not constitute nor give
rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers."
The bonds may be executed and delivered at any time and from time to time.
They may be in such form and denominations as the city deems appropriate and be
payable in installments and at such times not exceeding twenty years from their date of
issue. They may be at such interest rates as the city deems proper and redeemable prior
to maturity with or without premium.
The authorization, terms, issuance, execution, or delivery of the bonds are not
subject to sections io-ioi to io-126 (general statutory bond provisions).
The bonds may be sold at public or private sales in such manner and at such
times as may be determined to be most advantageous by the governing board of the city.
Committee Statement: LB 562
Urban Affairs Committee
Page 4
ment of the tax. The tax is to remain in effect so long as there are
Committee Statement: LB 562
Urban Affairs Committee
Page 2
•
Finally, a new section 11 is added which provides that if any section or part of the
bill is found to be invalid or unconstitutional, it does not affect the validity or
constitutionality of the remaining portions of the bill.
Senator Mike Friend, Chairperson
Committee Statement: LB 562
Urban Affairs Committee
Page 5
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Urban Affairs Committee
February 27, 2007
T put in your house to separate these out to two meters. And we talk about the use of
municipalities versus agriculture. We're all aware that we have a problem on the
agricultural side and we're dealing with that and that's in Natural Resources Committee,
I thought I would share this water fight into your particular committee here today. I think
we have to start looking into the future. We have to start making this aware to our
people. It would be a bad day in Nebraska if we have already shut off all irrigation,
we've shut off industrial, and now we're down to shutting off residential, we have a
serious problem that will be well beyond what this will bring to us. But I think as we look
to conserve, I think this gives an eye-opening effect to everybody in the world and as we
look at a lot of things we spend money on, we're going to spend money on a lot of
things today and we are going to spend more money on it tomorrow. With that I would
conclude. [LB387]
SENATOR FRIEND: Thank you, Senator Langemeier and thank you for sharing the
pain with the Urban Affairs Committee. (Laughter) [LB387]
SENATOR LANGEMEIER: I do my best. [LB387]
SENATOR FRIEND: Any questions from committee members...final questions for
Senator Langemeier? Thank you for bringing the bill. [LB387]
SENATOR LANGEMEIER: Thank you. [LB387]
SENATOR FRIEND: That will conclude the hearing on LB387. I see Senator Adams
and we will move to LB562. [LB387 LB562]
SENATOR ADAMS: (Exhibit 5) Thank you, Chairman Friend, and committee members,
my name is Greg Adams, A-d-a-m-s, representing the 24th District. And to open today,
if you'll indulge me for a moment, I want to put two hats on at the same time. One as a
fellow Senator, but I'd also like to tread back a couple of months to my days as a mayor
of a first-class city and talk with you about economic development and LB562. As a
mayor, I would tell you, and you probably already know this, there isn't a town in
Nebraska, village, or metropolitan class, that doesn't struggle every day to bring
business, to bring quality jobs, to bring tax base. And sometimes it's just as simple as
cleaning up the downtown or striking a bit of vitality into the community with whatever
they can do. And they work hard at it. But we know, as senators, that we're the ones
that also can have a huge impact on what those cities can and cannot do on their own
behalf. LB562 is meant to be an addition, something more that cities can do that's at
their disposal, another option that they can exercise in order to try to build that tax base,
to create jobs. Or maybe something as simple as a village or community of the second
class just revitalizing a portion of their downtown. Now what LB562 does is this: let's
assume that we already have a community under the Community Redevelopment Act
that has a redevelopment authority. It may be their city council, it may be a separate
14
as the city deems proper and redeemable prior
to maturity with or without premium.
The authorization, terms, issuance, execution, or delivery of the bonds are not
subject to sections io-ioi to io-126 (general statutory bond provisions).
The bonds may be sold at public or private sales in such manner and at such
times as may be determined to be most advantageous by the governing board of the city.
Committee Statement: LB 562
Urban Affairs Committee
Page 4
ment of the tax. The tax is to remain in effect so long as there are
Committee Statement: LB 562
Urban Affairs Committee
Page 2
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Urban Affairs Committee
February 27, 2007
advisory board. What LB562 would do is to allow the community redevelopment
authority of a community to use occupation tax, a tax which cities already have the
authority to implement, to assist in a development or a redevelopment project within the
community. That is, the city would enter into an agreement with the project developer
for an area within the community. Let's say we have an area, I'll use as an example,
let's say we have an area of four blocks that the community wants to redevelop and it's
within a redevelopment plan area. A developer comes along and says, I might be willing
to redevelop this area, what kind of incentives are there? The redevelopment board
could say, well, first of all what it is you want to do? The developer says, here's my plan
of attack, this is what I would like to do and it complies with the redevelopment plan the
community has already developed. The community could say, well, we could provide
you TIF, tax increment financing. That's one option. Another option, or an additional
option could very well be the use of occupation tax to help that developer out. And how
might that work? The occupation tax, if it was agreed upon by the developer and the city
or the city's redevelopment authority, could be imposed upon the businesses within the
defined redevelopment area, not every business in town,just those new businesses that
would come into this redeveloped area. The occupation tax would be imposed, it could
be imposed per seat in the restaurant, per square foot of office space, per parking
space, gross receipts, however the developer and the city would agree to. The captured
occupation taxes would then be used by the city to pay on bonds, principal and interest,
on bonds, on revenue bonds that would be issued by the city on behalf of the developer__ _
to do the project. And the occupation tax would stay in place, it would carry on that area
for as long as there are bonds to be retired. The bonds could be issued for only those
things that the city and developer would agree to and that would comply with the
existing community redevelopment laws. Now, we would take it one step further. It
would be possible, the way that LB562 has been written, for a city to enter into a
development project with the developer that's outside of a redevelopment area but
within its annexed area. So the developer comes along and says, well, I would rather
develop this green space out here rather than come into your downtown. The city may
very well say, well, then we are not going to extend you the occupation tax authority
because we need the redevelopment downtown, that's where we'd like to see it. The
city could also say, all right, if you insist in being outside of this redevelopment area,
outside of the plan that we have already put together, we could agree to that, but the
occupation taxes collected would have to be used for a narrower scope of items: water,
sewer, streets, sidewalks. The essence of it is, it may help that city provide the
infrastructure out to where that development wants to occur but it's still within the
annexed area of the community. Some of the other features of the bill: imminent domain
could not be used on the part of the city if it is to take private property and give it to
somebody else's private benefit--it couldn't be used. Secondly, if you'll look in the
materials that I handed out to you, there is a structure size whereby not everybody
necessarily could get this benefit. For instance, if a county has a population of less than
15,000, and we're basing this off of the Rural Development Act previously passed by the
Legislature. If a county has a size of less than $15,000, if an enhanced employment
15
•
•
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Urban Affairs Committee
February 27, 2007
area or redevelopment area under this act is going to employ at least two new
employees and have a new investment of$125,000, then they could be eligible for this
occupation tax assistance in the paydown of revenue bonds--and it incrementally works
its way up. So in effect, the developer has got to do something to earn the privilege of
this occupation tax use and the privilege of the city's authority to issue the bonds. And if
you move clear up, if a new business is over 90,000 square feet, and I have an
amendment to add to that to move it to 135,000, these numbers are very transient, and
we've been working for a long time trying to come up with the numbers that we believe
are most workable, and recently handed out to you was 135,000 square feet, or$10
million worth of sales, what it would ask of the developer is that they provide a health
insurance benefit of some kind. It may be contribution to an HSA account, it may be a
partial contribution to an insurance premium, of$3,000 to the employee. So as it works
up and there's more investment, there's more occupation tax on the part of the city
that's garnered here on behalf of the developer, then the developer has to commit more
to it at the same time. I guess at this point, I'd try to answer some questions because I
can see wrinkles in foreheads. [LB562]
• SENATOR FRIEND: That's because I'm old. (Laughter) You were looking right at me
when you said it. [LB562]
- - SE.NATORA_DAMS:_Oh,_come-on..-1-know-better-thanthat—[L-B5623- ----- -- -
SENATOR FRIEND: Thank you, Senator Adams. Questions from committee members?
I have a few myself, but I want to see what direction you guys go. Senator Adams, if I'm
sifting in a community and I'm staring at trying to enable that particular community as a
mayor or a city administrator, it first occurred to me when we were talking about this
way back when that TIF seems like the logical assumption for everybody right now. The
problem is it's obviously disbursed at different levels throughout the state. What I mean
by that is, some can do it, some can do it more efficiently depending on their class than
others can. I'm not going to go into that. What I'm saying is there's very little risk to TIF
for the taxpayers of the city and for the people who are developing and everything else.
More risk here with this. I mean, why would I say...if I had these two options next to
each other, why am I going to choose the new option when I have the first option
available to me? [LB562]
SENATOR ADAMS: Let me throw out some possibilities for you. First of all, you could
use both options. A city could say, we're going to use both TIF and occupation tax. An
example of that might be in a lot of rural downtowns where retail is sliding away, it can
be very difficult to attract a developer in and TIF may not be enough. So now you add
the occupation tax to it. You've given that city two opportunities that might push the
developer over the edge and say, okay, I'll take the risk, in a small rural community, to
do this. Now, breaking it apart. For instance, if we use something like sales tax, it could
very well be that if a retail development comes in, a new development comes in, you
16
ate property and give it to
somebody else's private benefit--it couldn't be used. Secondly, if you'll look in the
materials that I handed out to you, there is a structure size whereby not everybody
necessarily could get this benefit. For instance, if a county has a population of less than
15,000, and we're basing this off of the Rural Development Act previously passed by the
Legislature. If a county has a size of less than $15,000, if an enhanced employment
15
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Urban Affairs Committee
February 27, 2007
use sales tax there, you're just robbing it from someplace else in town and shifting it
around. We have, and I read more and more about it, we're having a growing number of
communities, and I've sensed it even in the community that I'm from in York, in the
many years that we've used TIF, a concern that we are continually eroding the property
tax base. And schools in particular, in my history in York, were very good about saying,
you know, a but for, we understand that, but for, we won't have this project 5 years, 10
years, or 15years from now if you don't TIF it, but remember. If I go up the road from
York 15 miles to Stromsburg, small little community. There they set, spirited people, like
in every other community in this state, they want to revitalize their little downtown, that
they sit right on the pinnacle. They don't frankly know if it's going to be worth it. They've
"TIFed" one portion, one side of their downtown and it worked. They got a new coffee
shop, took out some of the older buildings and revamped them and it really looks nice,
and they've just recently done another TIF project where they've redone some of the
sidewalks, but it's getting edgy for them. Can they continue to garner the property tax
base necessary to continue to grow it?And I would tell you when you have a
nonequalized school district in Cross County, they're mightily concerned as the village
of the second-class city of Stromsburg continues to use TIF, you've got an unequalized
school district that's saying, look, we want the town to grow, but come on. Don't keep
robbing property tax base away from us. That's a very legitimate concern. This would
create a third option. [LB562]
SENATOR FRIEND: Thank you. Further questions from committee members? [LB562]
SENATOR LATHROP: Can I just have you... [LB562]
SENATOR FRIEND: Senator Lathrop, yes. [LB562]
SENATOR LATHROP: Pardon me, I should have waited until I was recognized. [LB562]
SENATOR FRIEND: No, that's...you're fine, I just wanted...for the transcriber. [LB562]
SENATOR LATHROP: Can you walk me through how this is going to work? Just come
up with a hypothetical business, they're interested in coming in to York or one of these
communities, and tell me who are we going to tax and how that's going to work in the
typical situation. [LB562]
SENATOR ADAMS: Okay. Yes. Let me try Senator Lathrop, and if I don't do a very
good job, I've got the city administrator from York here and maybe he can walk you
through even more of the finer details of it, but let's use York as an example. I think
you're all aware that we had a pretty significant fire in downtown York, wiped out nearly
one whole block right at the square. It's been a long time just getting the area cleaned
up for a host of reasons. But now we enter into I think what could very well be the most
difficult part of the project, and that's rebuilding. Why? Because it takes dollars, it takes
17
tunities that might push the
developer over the edge and say, okay, I'll take the risk, in a small rural community, to
do this. Now, breaking it apart. For instance, if we use something like sales tax, it could
very well be that if a retail development comes in, a new development comes in, you
16
ate property and give it to
somebody else's private benefit--it couldn't be used. Secondly, if you'll look in the
materials that I handed out to you, there is a structure size whereby not everybody
necessarily could get this benefit. For instance, if a county has a population of less than
15,000, and we're basing this off of the Rural Development Act previously passed by the
Legislature. If a county has a size of less than $15,000, if an enhanced employment
15
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Urban Affairs Committee
February 27, 2007
a desire to rebuild in a small rural community, and it takes a developer. And the people
who occupied the stores in that downtown area, it's not their business to be developers.
They're appliance salespeople, they're the Eagles Club, they're not developers. And as
we go out looking, we, I mean the community of York goes out looking for a developer,
the developer might be setting right there in town, or the developer may be here in
Lincoln, or who knows where that developer may be. I suspect it's going to be difficult to
attract somebody, first of all, to a small rural community to do retail downtown
development. I think that's going to be tough. In York, frankly they would probably rather
develop out by the interstate. And would we say no to that? Probably not. But at the
same token, with this incentive, we might be able to attract them and say, if you decide
to come downtown, here's something more that we could do for you. So we sat down.
We already have a redevelopment plan in York, we've offered TIF before to a variety of
programs. In fact, our downtown is and of itself, a TIF project. We've done sidewalks,
we've done facades, a variety of different things, to keep the town alive. So now we
want to revitalize or rebuild this section. We get a developer that comes along and he or
she says this is a pretty risky deal, I just don't know. We sit down with them and we say,
in this area right here, which is about three-quarters of a block, right on the south side of
the square, what we could do is identify that as an enhanced employment area right
there. All right, the developer comes in and says, well, I've got a plan. If I do this, here's
what I might do: I might put a retail store here, an appliance store, and I might try to put
th.e_Eagles_Club_back_her-e-as-tenarits:-Arid-the-upstairs-l-might-do-as-residential;or-1-- - - - -
might do as office space. Now this is what the project is going to cost me. This is what
the tax increment gain would be if we used TIF, and all of that's fine and good, but is the
city willing to give me an extra edge? Well, we could come in with TIF and say, we can
help you do these public things with tax increment financing, we could come in with the
occupation tax if the developer agrees. And the developer says, all right, here's the
enhanced development area, I'm going to have a club here but I'm going to rent out
space in a restaurant area. I'm going to have an appliance store, I'm going to have
office space at the top. The city and the developer work out the formula for how the
occupation tax will be collected off of this area and this area only, no other stores in
town, this area. It's designed so that the occupation tax revenues will pay off the
amortization on,revenue bonds that the city would issue on behalf of this developer. And
those bonds may be, again, for anything that fits within the redevelopment plan. It might
be for the facade of the building, it might be for windows, sidewalks, landscaping, those
kinds of things--parking, which would help this developer do what he or she has to do to
get this thing there. I don't know if that's more descriptive or not. [LB562]
SENATOR LATHROP: That was very helpful. So you have an occupational tax. Who's
paying it? How's it... [LB562]
SENATOR ADAMS: Well, the customers are paying it, Senator Lathrop. There's no
question about it. When a customer walks in the store, they walk into the club, they walk
into the appliance store, they would be paying it, the city collecting it, and using it to pay
18
s off of the Rural Development Act previously passed by the
Legislature. If a county has a size of less than $15,000, if an enhanced employment
15
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on those bonds. [LB562]
SENATOR LATHROP: Okay. That helps. Thanks. [LB562]
SENATOR FRIEND: Further questions? I see none and I would imagine you'll be
around or are you going to... [LB562]
SENATOR ADAMS: Yes, I'm going to stick around, thank you. [LB562]
SENATOR FRIEND: Thank you, Senator Adams. Can I see how many proponents we
have? Okay. How many opponents? We'll start with proponent testimony. [LB562]
WALTER RADCLIFFE: (Exhibit 6) Senator Friend, members of the committee, my
name is Walter Radcliffe. I'm appearing before you as a registered lobbyist today on
behalf of an organization called the Community Development Coalition which is a group
of developers in the state, and also... [LB562]
SENATOR FRIEND: Walt, could you spell your name for the record just to...that's all
right. [LB562]
WALTER RADCLIFFE: I'm sorry, R-a-d-c-l-i-f-f-e. Thank you, Senator Friend. [LB562]
SENATOR FRIEND: You're welcome. [LB562]
WALTER RADCLIFFE: And also, I'm registered for the League of Nebraska
Municipalities. Mayor Jo Dee Adelung will probably testify--not probably, she will
testify--directly on the league's behalf. What I'd like to do is share a little bit of history of
the concept of these types of economic incentive bills and then some background on
how LB562 got to the point that it got to. Senator Adams did an excellent job in
response, Senator Lathrop, to your question as to stating how LB562 would work. And
as a predicate to all of this, I think it's necessary to understand the nature of an
occupation tax. An occupation tax is a taxing authority that cities have today and most
notably, for example, it is exercised on telecommunications companies. In Lincoln, it is
exercised $100 per garbage truck--don't ask me why, there's a story behind that. But
cities use occupation taxes in varying ways because to a large extent, it is a
self-defining tax. And in the instance of LB562, it is a self-defining tax that in essence is
agreed upon by the city and the primary developer of a project. So that concept of an
occupation tax needs to be, I say, understood in order to contextually look at LB562. I
want to go back about two years, I'll make this a quick history lesson. The first time I
really got involved in this type of incentive legislation was when Cabelas came to me
and wanted to build their store up in Sarpy County. And basically what was done then
was the bill was introduced by Senator Landis, LB500, that dedicated the city sales tax
revenues and a portion of the state sales tax revenues for, quote, public infrastructure
19
a and this area only, no other stores in
town, this area. It's designed so that the occupation tax revenues will pay off the
amortization on,revenue bonds that the city would issue on behalf of this developer. And
those bonds may be, again, for anything that fits within the redevelopment plan. It might
be for the facade of the building, it might be for windows, sidewalks, landscaping, those
kinds of things--parking, which would help this developer do what he or she has to do to
get this thing there. I don't know if that's more descriptive or not. [LB562]
SENATOR LATHROP: That was very helpful. So you have an occupational tax. Who's
paying it? How's it... [LB562]
SENATOR ADAMS: Well, the customers are paying it, Senator Lathrop. There's no
question about it. When a customer walks in the store, they walk into the club, they walk
into the appliance store, they would be paying it, the city collecting it, and using it to pay
18
s off of the Rural Development Act previously passed by the
Legislature. If a county has a size of less than $15,000, if an enhanced employment
15
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for this project. The bill--you don't need to hear a history of the bill, but nonetheless, the
bill did not pass. Some life was breathed into it last year in an attempt to use it as a
vehicle to develop a proposal that would build a stadium in Omaha. There wouldn't have
been enough sales tax generated to build the stadium. Point being: when people
approached me about this bill this fall, I was very skeptical. I mean, it's the old once
burned--I was not too anxious to try to work on the bill. And then I met with the league.
They were interested in this too, so I said, well, let's take a look and see what we can
do, but I'd learned two things at that point in time: number one, you cannot come at, and
this is my opinion, you cannot come at an economic development proposal for cities on
a project-specific basis. It doesn't work. If you try to tailor legislation to fit X development
project, it simply isn't going to work. Unless, and obviously there's an exception to every
rule, unless it is such a significant project as some projects were in Omaha, where we
had the UP bill, we had the Microsoft bill, we had the ConAgra bill--those type of things
are different than what the cities were looking for. So therefore, it needs to have general
application. The second thing was that we could not invade existing tax structure or
increase existing taxes. In other words, we couldn't give the cities an extra cent sales
tax. Why? It just politically isn't going to sell. And I especially didn't think it was going to
sell with the Governor's Office. So we looked at the circumstances and said what can
we do that isn't site-specific and what can we do utilizing existing tax structure, but not
increasing it? Very honestly, the occupation tax was what we seized upon. That's why •
you_hav_e_an-occupation_tax-here:We-think--this-is-bread-enough-in-scope-that-it-can-be- - - - -
utilized, and it's generic enough in scope, that it can be utilized in most any
circumstance. It gives cities, as Senator Adams said, another tool in addition to TIF.
Right now TIF is about the only tool they really have for economic development
incentives. So it gives them yet another tool that is an agreed-upon use between the city
and the developer. The last thing that we wrestled with, and I'm try to choose my words
on this, but what do we do, I'll be generic, about some large retailers whose policy is, at
times, suspect? Was that generic enough?And the worst thing I can do is get sued and
that wouldn't be the first time, so...and I'm sure, Senator Lathrop, you would be a good
defense lawyer for me, or you might be the "sue-or",.yeah, I'd be the "sue-ee."
(Laughter). But that's why you have this 135,000 square foot requirement that Senator
Adams spoke about. And coupled with that, if a store exceeds that, they have to meet
this healthcare threshold of$3,000 a year for any employee that works more than 30
hours. I think that's very, very sound public policy. So let me leave you with these
thoughts. One, we definitely support the bill. Secondly, the amendment that Senator
Adams presented, we would support. In addition to that amendment or bill is an
amendment to that amendment, striking that 90,000 and putting in 135,000. With that,
I'd be happy to try to answer any questions. [LB562]
SENATOR FRIEND: Thank you. Senator Janssen has a question. [LB562]
SENATOR JANSSEN: Well, there is a bill in Revenue, LB443, by Urban Affairs...
[LB562]
20
into the appliance store, they would be paying it, the city collecting it, and using it to pay
18
s off of the Rural Development Act previously passed by the
Legislature. If a county has a size of less than $15,000, if an enhanced employment
15
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WALTER RADCLIFFE: Yes, by Senator Stuthman. [LB562]
SENATOR JANSSEN: ...which he calls it his Transportation Development Act... [LB562]
WALTER RADCLIFFE: Yes, he does. [LB562]
SENATOR JANSSEN: ...and that uses a portion of the...you add the sales tax, it gives
you the opportunity, I think up to a half cent, quarter, half cent... [LB562]
WALTER RADCLIFFE: Yes. [LB562]
SENATOR JANSSEN: ...in that development district. So I see a little correlation
between the two here. Going at it a little different way, but... [LB562]
WALTER RADCLIFFE: One utilizes existing sales taxes and in essence allows an
increase in sales tax. I will be honest since, I mean, you've asked me a question about
the bill, I think it is very constitutionally suspect. And that's why, to be just perfectly
candid, we...the people I represent, don't want to be relying upon it. I'm not against the
bill, I understand Senator Stuthman is going to make it his priority, that's fine. There are
some problems.with_the_bi11_ILB562]- - --- --- -
SENATOR JANSSEN: It takes a question to have it answered, also. [LB562]
WALTER RADCLIFFE: Absolutely. And it...the difference is, I mean if we strip both
these proposals down to their bare bones, LB443 allows cities and counties to levy an
increased sales tax. In other words, instead of a 7.5 percent it would be 8 percent. And
to utilize those funds for projects such as this. This bill utilizes an occupation tax. They
are not mutually exclusive pieces of legislation. [LB562]
SENATOR FRIEND: Further questions? Walt, I always go back to the same watering
hole, I mean, none of the people in this room invented this idea, I mean, this occupation
tax levied all over the country. There are people using these as incentive packages. I
would think that that would be the case. [LB562]
WALTER RADCLIFFE: Yeah, to be very honest with you, as far as incentive packages
around the country, most of them are far more progressive than anything we would
even consider here, Senator Friend, far more progressive. [LB562]
SENATOR FRIEND: Interesting. [LB562]
WALTER RADCLIFFE: The STAR bonds that they've used, sales tax anticipation,
revenue bonds that they used in Kansas to build the speedway, to build the Cabelas,
21
st thing that we wrestled with, and I'm try to choose my words
on this, but what do we do, I'll be generic, about some large retailers whose policy is, at
times, suspect? Was that generic enough?And the worst thing I can do is get sued and
that wouldn't be the first time, so...and I'm sure, Senator Lathrop, you would be a good
defense lawyer for me, or you might be the "sue-or",.yeah, I'd be the "sue-ee."
(Laughter). But that's why you have this 135,000 square foot requirement that Senator
Adams spoke about. And coupled with that, if a store exceeds that, they have to meet
this healthcare threshold of$3,000 a year for any employee that works more than 30
hours. I think that's very, very sound public policy. So let me leave you with these
thoughts. One, we definitely support the bill. Secondly, the amendment that Senator
Adams presented, we would support. In addition to that amendment or bill is an
amendment to that amendment, striking that 90,000 and putting in 135,000. With that,
I'd be happy to try to answer any questions. [LB562]
SENATOR FRIEND: Thank you. Senator Janssen has a question. [LB562]
SENATOR JANSSEN: Well, there is a bill in Revenue, LB443, by Urban Affairs...
[LB562]
20
into the appliance store, they would be paying it, the city collecting it, and using it to pay
18
s off of the Rural Development Act previously passed by the
Legislature. If a county has a size of less than $15,000, if an enhanced employment
15
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February 27, 2007
and the Nebraska Furniture Mart, very honestly, that concept was fairly summarily
rejected here by the Legislature. So the unique thing about this use of occupation tax is
that it allows existing occupation taxes to be levied in a specific geographic area, and
for the political subdivision that has that, they can use that as a basis for bonds. That's
the bill in a nutshell. [LB562]
SENATOR FRIEND: Further questions for Mr. Radcliffe? Seeing none, thanks for the
testimony. [LB562]
WALTER RADCLIFFE: Thank you. [LB562]
SENATOR FRIEND: Next proponent? [LB562]
JO DEE ADELUNG: Good afternoon, Senator Friend, and members of the Urban Affairs
Committee, my name is Jo Dee Adelung, spelled J-o D-e-e A-d-e-I-u-n-g. I am testifying
as mayor of Nebraska City and president of the League of Nebraska Municipalities.
First, I would like to thank Senator Adams, Senator Friend, and other senators who
introduced LB562. The league executive board voted unanimously in support of this
important legislation. LB562 will provide another valuable tool for cities and villages
working to develop or redevelop areas of their community. And like other proposals that
have been discussed, LB562 has several advantages. Development or redevelopment__ __ _.._.
costs would be paid for by customers choosing to buy products from stores and retail
operations within the designated area. Whether to make a purchase is a choice of the
consumer as opposed to a tax paid for by all residents. In addition, LB562 would
generate more sales tax for the municipality as well as for the state. It is also critically
important to pass LB562 to enable cities and villages to improve areas within their
communities that are blighted and substandard. Many of these areas would probably
never be able to be redeveloped because of significant redevelopment costs. I am
" confident that our citizens would be equally supportive of municipal redevelopment
efforts and powers that we'd be granted in LB562. This is especially true since LB562
expressly prohibits the use of eminent domain to acquire property that could be
transferred to a private property in the enhanced employment area. Thank you for your
consideration this afternoon. Please advance LB562 to General File. [LB562]
SENATOR FRIEND: Thank you. Are there questions for Mayor Adelung? Jo Dee, can
you think of some things right now, I mean, obviously you're thinking all the time about
Nebraska City and what some of the things that you've either used TIF for in the past, or
what you'd use something like this for. I mean, can you think of things? Only because I
know Nebraska City fairly well. I'm trying to think of things... [LB562]
JO DEE ADELUNG: Absolutely, well as you know... [LB562]
SENATOR FRIEND: ...how can Nebraska City be improved? I guess that's what I'm
22
hey have to meet
this healthcare threshold of$3,000 a year for any employee that works more than 30
hours. I think that's very, very sound public policy. So let me leave you with these
thoughts. One, we definitely support the bill. Secondly, the amendment that Senator
Adams presented, we would support. In addition to that amendment or bill is an
amendment to that amendment, striking that 90,000 and putting in 135,000. With that,
I'd be happy to try to answer any questions. [LB562]
SENATOR FRIEND: Thank you. Senator Janssen has a question. [LB562]
SENATOR JANSSEN: Well, there is a bill in Revenue, LB443, by Urban Affairs...
[LB562]
20
into the appliance store, they would be paying it, the city collecting it, and using it to pay
18
s off of the Rural Development Act previously passed by the
Legislature. If a county has a size of less than $15,000, if an enhanced employment
15
1
•
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looking at? [LB562]
JO DEE ADELUNG: Right. Well, (laughter) we...obviously our downtown is an issue for
us and we have just undergone a downtown redevelopment plan and revitalization plan.
And so we do have some areas, not only downtown, but very close to downtown, where
this would be very applicable. And what happens to us is when developers come to a
community, it's easier and cheaper for them to go to bare grounds, spaces that are out
on south 11th Street and do development in that area. What I see this happening for us
in Nebraska City is a really great bargaining tool for when a developer does comes to
town, we could say, please, we want to redevelop, revitalize downtown and the areas
close to downtown, and so therefore we would be willing to put on the table TIF and this
occupation tax as a way to be an incentive for people to develop in the areas that we
really need to develop. Again, if they choose to develop on south 11th Street, that's still
in city limits, we're not going to say no. I mean, we really want to see that development
occur, but we really need to focus on not only Nebraska City, but many communities,
focus on our downtowns that have dilapidated buildings where it's more an issue of
demolition and site preparation, where it's so much cheaper to just go to bare ground
which typically is not going to be your downtown or surrounding your downtown, and we
have several of those in Nebraska City. [LB562]
-- -- .-- - - - SENATOR-F-RI ND-Can- ou-tell-me-the-last-time- ou-g u s-ended-u -havin —:that--ou-- -----
Y Y� 9�Y p 9•• Y
used TIF to do something, I mean, fairly recently or... [LB562]
JO DEE ADELUNG: We just recently are "TIFing" a project downtown Nebraska City
and it's going to be a brand new bank and it's outstanding project. I know a lot of you
are familiar with the National Arbor Day Foundation, Lied Lodge and Conference
Center, that was a very, very successful, almost model TIF project, and we just sunset
that TIF project. But in my opinion, the one that we doing now for the bank downtown
Nebraska City is really huge to the vitality and economic development for downtown.
[LB562]
SENATOR FRIEND: Thanks, and I think one of the reasons that I brought that up is
over the years what we've been talking about, debating, arguing about, is that a bank
being built, you know, with tax increment financing, and people have raised the idea
that, hey, that's not what TIF was originally meant to be. But that's what everybody's
using it for. The thing is, this is a tool more than likely that would have replaced that. I
mean, I don't think that this bill in place, or this law in place, this statutory authority,
would have been used as opposed to TIF under that example you just gave. [LB562]
JO DEE ADELUNG: It's possible that it would have been. The nice thing is, is that it's an
option to either use it in lieu of or in addition to, and that's up to the city council to make
that decision. And regarding your comment about a bank, the nice thing about having
the bank do this downtown, not only does it revitalize downtown, but we are using those
23
t to that amendment, striking that 90,000 and putting in 135,000. With that,
I'd be happy to try to answer any questions. [LB562]
SENATOR FRIEND: Thank you. Senator Janssen has a question. [LB562]
SENATOR JANSSEN: Well, there is a bill in Revenue, LB443, by Urban Affairs...
[LB562]
20
into the appliance store, they would be paying it, the city collecting it, and using it to pay
18
s off of the Rural Development Act previously passed by the
Legislature. If a county has a size of less than $15,000, if an enhanced employment
15
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February 27, 2007
dollars'to create public parking space and two really bad buildings came down that we
were on the verge of making a condemnation. And if we do condemn those, then it is up
to the city and the taxpayers of Nebraska City to take those down. So this was just an
outstanding project that I will look forward to keeping you updated on how well that
particular project is working in Nebraska City. [LB562]
SENATOR FRIEND: Thanks. [LB562]
JO DEE ADELUNG: You're welcome. [LB562]
SENATOR FRIEND: Any further questions for the mayor? Seeing none, thanks for the
testimony. Next proponent? [LB562]
MICHAEL NOLAN: (Exhibit 7) Senator Friend, members of the Urban Affairs
Committee, my name is Michael Nolan, spelled N-o-l-a-n. I'm the city administrator of
Norfolk testifying as a proponent of this bill. To keep my testimony shorter, I just would
ask you to look at page 3 of my handout because I think the scenario that Senator
Lathrop and Senator Friend had some conversation with Senator Adams about kind of
shows up there. This is a pro forma that my staff put together to show you a possible
scenario that can occur quite realistically in a situation where you try to redevelop
- - properly-that's-been-a-commercial-site-for-over-30-year-s-that-has-high-traffic-counts:And
I would tell you that in this instance, we think our numbers are realistic, but they are
numbers, they are not anything more than a scenario. But when you start looking at the
cost of the property acquisitions and then what you would have to sell property to a
large anchor to anchor the site, in which you are selling the ancillary property for, even
with an $800,000 tax increment financing, a real estate TIF that goes in the pro forma,
you are still left with a gap of almost $2.9 million. I call that deterrent cost. Because
deterrent cost means that if somebody who wants to set up a big box and do retail
business has to absorb within their pro forma all of that unproductive cost, they're going
to be deterred from siting their facility at that particular site. And in fact, they can
probably find $2 a square foot ground someplace else on a green space.where they can
site--maybe not have as favorable a traffic count as this commercial area, but in order
for you to have some way to direct this and to effectuate the development at this
particular site, you have to have a mechanism like this occupation tax to defray that,
what I call, deterrent cost. And what the result of it is, is what you see down at the
bottom if you do that. I think the scenario makes enormous systemic sense and I think
when you see that we've developed it, it will not be a concept that's only used in Omaha
or Lincoln or in cities of the first class, but I see that in existing retail areas across the
state, they will be able to use this if they have someone who can help them manage
their pro forma and structure their cash flow assumptions. But to me, this is how it would
work in this area, I mean, it would work differently in some other scenario, but I think it's
totally plausible which Senator Adams said, that you, in fact, could use this mechanism
in addition to a real estate TIF to effectuate this development. Quite honestly, if this
24
ing that 90,000 and putting in 135,000. With that,
I'd be happy to try to answer any questions. [LB562]
SENATOR FRIEND: Thank you. Senator Janssen has a question. [LB562]
SENATOR JANSSEN: Well, there is a bill in Revenue, LB443, by Urban Affairs...
[LB562]
20
into the appliance store, they would be paying it, the city collecting it, and using it to pay
18
s off of the Rural Development Act previously passed by the
Legislature. If a county has a size of less than $15,000, if an enhanced employment
15
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February 27, 2007
•
happens, I will just tell you, if this thing happens based on this set of assumptions, I •
think in the long term, for Norfolk, Nebraska, this could end up being a $30 million deal,
I really do. That's how important I think it could be for us. And I don't...we partner a lot
on economic development stuff and on landfills and other things with Fremont and
Columbus and we know their business leaders and their community leaders--I think it
would be of immense benefit for those two communities as well. I'd answer any
questions if you have them. [LB562]
SENATOR FRIEND: Thank you. Questions for Mr. Nolan? Thanks for coming down. •
Next proponent? [LB562]
JACK VAVRA: Senator Friend, members of the committee, my name is Jack Vavra,
V-a-v-r-a, and I'm speaking to you today as city administrator for the city of York. Also in
past experience, I have been finance director for the city of Lincoln for nine years and
was involved in many redevelopment projects and.TIF projects, including Lincoln's first
TIF project, the Cornhusker Hotel. I also was a municipal bond underwriter for First Tier
Bank, which is now U.S. Bank. And so I do bring you, perhaps, a different perspective of
what this bill is. And I see you, I think, somewhat struggling to find out, you know, how
does this bill really benefit anybody because the developer is saying, I'll pay you what
you want us to pay, I'm just going to pay you over a 20-year period. If we use this, unlike
- - - CIF;where-it's.—..T-IF-is-subsidizing-the-project-with-tax-money=thE developer-pays-their --
taxes, the tax money on the increment, instead of going to the school district and the
county and the city's general fund, goes into the TIF fund and pays off the bonds that
we use to do part of the project. So in fact, it's a subsidy of this project with tax money.
This is different. This is an occupation tax, and what we are saying is, we will build this
up front, these things that we think you as a developer are responsible for, and we'll
borrow money and you will pay us so we can make the bond and interest payments
over a 15-year period or a 20-year period. What we are actually doing is we are
transferring our tax-exempt status to the developer. Instead of that developer having to
go to the bank and borrowing that money at prime plus 2 percent or prime plus 3
percent, we are borrowing the money with limited obligation revenue bonds, tax exempt
in nature, at an interest rate much lower than the developer would have to. And then the
developer is paying those bonds off with their occupation tax over a predetermined
period of time. So the subsidy...the developer does get the subsidy but the subsidy is
like an industrial revenue bond that counties and cities now can sign off on and give
industry the tax-exempt status of industrial revenue bonds. This is kind of like an
industrial revenue bond for retail business. We are not subsidizing the project in
essence with tax money, what we are doing is financing a portion of the project that the
developer is responsible for and doing it with tax exempt bonds, thereby making their
responsibility somewhat less over a longer period of time. So in essence, the developer
isn't saying, sure, I'll have to charge more in this area than I would in some other area.
They may be paying the same amount even though they are paying this occupation tax,
because they are getting a better deal on the money that they have to borrow. In some
25
2]
20
into the appliance store, they would be paying it, the city collecting it, and using it to pay
18
s off of the Rural Development Act previously passed by the
Legislature. If a county has a size of less than $15,000, if an enhanced employment
15
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cases, Mayor Adams talked to you about trying to recruit a developer into York, trying to
get somebody in York to do the development. This may be the incentive. They would
have to borrow less money from the bank, put in less of their personal money, it would
be less risky of a project. With that, I would answer any questions. [LB562]
SENATOR FRIEND: Thank you. Questions for Mr. Vavra? I see none. Thank you for
the testimony. [LB562]
JACK VAVRA: Thank you. [LB562]
SENATOR FRIEND: Next proponent? [LB562]
BRUCE BOHRER: Good afternoon, Chairman Friend, members of the Urban Affairs
Committee, my name is Bruce Bohrer, appearing on behalf of the Lincoln Chamber of
Commerce and for the record, my last name is spelled, B-o-h-r-e-r. And yes, still
pronounced "Boyer," I don't know why. We wanted to appear on behalf of the chamber
and business interests to support this bill. You've already heard a lot of the proponents
that preceded me testify in very well-defined terms on how the bill would work, and I
agree with that and endorse that earlier testimony. I just want to give you a chance to
ask me about any, I guess, proposals here locally or projects here locally. I especially
_ thought it was...l just found it so interesting to_hear_fr_om SenatorAdams_as_a former _._ _ _ _
mayor, really, his understanding of the development process and just how challenging it
can be and how you try to put together a project, and how we do have very limited local
options. I think we've got a very good incentive program in place at the state level now
with the Nebraska Advantage Act. But tax increment financing in a redevelopment law
has always kind of been used as an economic development law. I shouldn't say always,
maybe it's just fairly recently morphed into that a little bit. But I think with this bill, LB562,
we explicitly acknowledge that it is an economic development tool and add another
option to that toolkit, if you will. So I'm going to conclude my remarks there and just
answer any questions you might have. [LB562]
SENATOR FRIEND: Thank you, Mr. Bohrer. Any questions from committee members?
Mr. Bohrer, what do you think...what's one of the first things that you...you look at
Lincoln, you look at Lancaster County, I guess in general, what's one of the first things
that happens if a bill like this passes? I mean, or is that putting you on the spot? [LB562]
BRUCE BOHRER: No, no, no. I think it would allow us to go after different projects. I'm
not saying we would use this in every project that might come along... [LB562]
SENATOR FRIEND: I guess the reason I asked the question is I can think of some
cities like Mr. Nolan's and other cities that they have already a clear understanding...this
area, I know we can do this...maybe in York, this area. What about Lincoln? I mean, I
don't.... [LB562]
26
is kind of like an
industrial revenue bond for retail business. We are not subsidizing the project in
essence with tax money, what we are doing is financing a portion of the project that the
developer is responsible for and doing it with tax exempt bonds, thereby making their
responsibility somewhat less over a longer period of time. So in essence, the developer
isn't saying, sure, I'll have to charge more in this area than I would in some other area.
They may be paying the same amount even though they are paying this occupation tax,
because they are getting a better deal on the money that they have to borrow. In some
25
2]
20
into the appliance store, they would be paying it, the city collecting it, and using it to pay
18
s off of the Rural Development Act previously passed by the
Legislature. If a county has a size of less than $15,000, if an enhanced employment
15
•
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Urban Affairs Committee
February 27, 2007
BRUCE BOHRER: Well, I know a specific project that's off of Highway 77, I'm not going
to speak for the developer, but I do know that Dave talked about this option, and so
there are some specific projects that really just locally, either the TIF will not generate
the revenue, or our local CIP doesn't have the enhancements that we need for road
infrastructure or other infrastructure pieces plugged in soon enough. I do know of at
least one fairly large project that would probably look at this and say, now we could
probably use this. I just don't feel comfortable telling you since I... [LB562]
SENATOR FRIEND: No, I appreciate that. I just think sometimes it might help
committees, you know, when you're...when people have the grand ideas that we throw
out at these hearings about what kind of great economic development is going to occur,
that folks have ideas about what they want that economic development to look like, so,
anyway...any further questions from committee members? Seeing none, thanks.
[LB562]
BRUCE BOHRER: Thank you. [LB562]
SENATOR FRIEND: Next proponent? How many more proponents? I'm sorry, I lost
track. Any more proponents after this one? Thank you. Go ahead. [LB562]
MARK BOWEN: I am Mark Bowen, I'm the chief of staff to the city of Lincoln. My last
name is B-o-w-e-n. I represent the city of Lincoln and the mayor in this case. The mayor
also serves in a dual capacity as the chairman, cochairman of the Lincoln Partnership
for Economic Development. We look at LB562 as really another option as has been said
before, I won't repeat previous testimony; another tool for us to use to enhance
economic development and job creation in the city of Lincoln. In a variety of projects, for
a variety of different reasons TIF does not fulfill closing the gap and this would give us a
tool in a different fashion to help close that gap without diverting existing tax revenue for
other parts of the city to do that. This would divert revenue only from the district itself to
pay for that existing structure, primarily public infrastructure, and that is our biggest
challenge. Depending on what the project is and where it situates on a piece of ground,
there may be environmental issues that we can't close the gap with TIF. There may be
other issues dealing with trying to get the water or sewer lines to it in the size that
somebody wants because it's not in our current CIP in the time frame that they want to
complete the project. This gives us those options to try to make that happen. That's all I
have. We support the bill and hope you will advance it. [LB562]
SENATOR FRIEND: Interesting. Any questions from committee members? The
interesting part was when you talked about some of the environmental problems that
TIF...you can close the gap, TIF might not cover all of it. Cities have gotten pretty
creative with TIF though. [LB562]
27
We are not subsidizing the project in
essence with tax money, what we are doing is financing a portion of the project that the
developer is responsible for and doing it with tax exempt bonds, thereby making their
responsibility somewhat less over a longer period of time. So in essence, the developer
isn't saying, sure, I'll have to charge more in this area than I would in some other area.
They may be paying the same amount even though they are paying this occupation tax,
because they are getting a better deal on the money that they have to borrow. In some
25
2]
20
into the appliance store, they would be paying it, the city collecting it, and using it to pay
18
s off of the Rural Development Act previously passed by the
Legislature. If a county has a size of less than $15,000, if an enhanced employment
15
1
•
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office •
Urban Affairs Committee
February 27, 2007
MARK BOWEN: We've had to. It's the only tool we have. [LB562]
SENATOR FRIEND: Yeah. Any more questions from committee members? Thanks for
the testimony. [LB562]
MARK BOWEN: You're welcome. [LB562]
SENATOR FRIEND: Any more proponents, in case I missed one?Anybody else to
testify in proponent fashion? We will start with opposition. Any opposition to LB562? No
opposition? Neutral testimony...do we have any neutral testimony? I see no neutral
testimony. Senator Adams to close. [LB562]
SENATOR ADAMS: Thank you, Mr. Chairman, I'll keep it very, very brief. I don't know
that there's any more that I can say at this point. I would hope that you advance the bill
and as your thought processes go on, if there are any questions that I can answer, why,
I would be glad to help you work your way through it. The essence of it is, quite frankly,
it gives communities another tool at no cost to the state of Nebraska to try to leverage
what they have in their communities, their goals and priorities, and to make economic
development happen in those communities. So with that, I'll answer any final questions
and I'll close. [LB562]
SENATOR FRIEND: Thank you, Senator Adams. Further questions from the
committee? [LB562]
SENATOR ADAMS: Thank you, committee. [LB562]
SENATOR FRIEND: Well done. Thank you, Senator Adams. That will close the hearing
on LB562, the hearings for the day, and I believe the hearings for the 90-day session for
Urban Affairs. [LB562]
28
ally another option as has been said
before, I won't repeat previous testimony; another tool for us to use to enhance
economic development and job creation in the city of Lincoln. In a variety of projects, for
a variety of different reasons TIF does not fulfill closing the gap and this would give us a
tool in a different fashion to help close that gap without diverting existing tax revenue for
other parts of the city to do that. This would divert revenue only from the district itself to
pay for that existing structure, primarily public infrastructure, and that is our biggest
challenge. Depending on what the project is and where it situates on a piece of ground,
there may be environmental issues that we can't close the gap with TIF. There may be
other issues dealing with trying to get the water or sewer lines to it in the size that
somebody wants because it's not in our current CIP in the time frame that they want to
complete the project. This gives us those options to try to make that happen. That's all I
have. We support the bill and hope you will advance it. [LB562]
SENATOR FRIEND: Interesting. Any questions from committee members? The
interesting part was when you talked about some of the environmental problems that
TIF...you can close the gap, TIF might not cover all of it. Cities have gotten pretty
creative with TIF though. [LB562]
27
We are not subsidizing the project in
essence with tax money, what we are doing is financing a portion of the project that the
developer is responsible for and doing it with tax exempt bonds, thereby making their
responsibility somewhat less over a longer period of time. So in essence, the developer
isn't saying, sure, I'll have to charge more in this area than I would in some other area.
They may be paying the same amount even though they are paying this occupation tax,
because they are getting a better deal on the money that they have to borrow. In some
25
2]
20
into the appliance store, they would be paying it, the city collecting it, and using it to pay
18
s off of the Rural Development Act previously passed by the
Legislature. If a county has a size of less than $15,000, if an enhanced employment
15
1
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Urban Affairs Committee
February 27, 2007
Disposition of Bills:
LB387 - Held in committee.
LB562 - Advanced to General File, as amended.
Chairperson Committee Clerk
29
562
Urban Affairs Committee
Page 5
4, 18-2101.Act, how cited, Neb.Rev.St.§18-2101 f
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St. §18-2101
18-2101.Act,how cited
Sections 18-2101 to 18-2144 shall be known and may be cited as the Community Development Law.
Credits
Laws 1951, ch. 224, § 1, p. 797; Laws 1957, ch. 52, § 1, p. 247; Laws 1973, LB 299, § 1; Laws 1997, LB 875, § 2; Laws
2007,LB 562,§ 1.
Codifications:R.R.S. 1943, § 14-1601;R.R.S. 1943, § 19-2601.
Notes of Decisions(10)
Neb.Rev. St. § 18-2101,NE ST§ 18-2101
Current through the 101 st Legislature Second Regular Session 2010
if.ral of iPi:con'Ecnt ,`.2O;I Thomson Reuter .No claim to original U.S.Govcrmucnt Works.
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nomic
development happen in those communities. So with that, I'll answer any final questions
and I'll close. [LB562]
SENATOR FRIEND: Thank you, Senator Adams. Further questions from the
committee? [LB562]
SENATOR ADAMS: Thank you, committee. [LB562]
SENATOR FRIEND: Well done. Thank you, Senator Adams. That will close the hearing
on LB562, the hearings for the day, and I believe the hearings for the 90-day session for
Urban Affairs. [LB562]
28
ally another option as has been said
before, I won't repeat previous testimony; another tool for us to use to enhance
economic development and job creation in the city of Lincoln. In a variety of projects, for
a variety of different reasons TIF does not fulfill closing the gap and this would give us a
tool in a different fashion to help close that gap without diverting existing tax revenue for
other parts of the city to do that. This would divert revenue only from the district itself to
pay for that existing structure, primarily public infrastructure, and that is our biggest
challenge. Depending on what the project is and where it situates on a piece of ground,
there may be environmental issues that we can't close the gap with TIF. There may be
other issues dealing with trying to get the water or sewer lines to it in the size that
somebody wants because it's not in our current CIP in the time frame that they want to
complete the project. This gives us those options to try to make that happen. That's all I
have. We support the bill and hope you will advance it. [LB562]
SENATOR FRIEND: Interesting. Any questions from committee members? The
interesting part was when you talked about some of the environmental problems that
TIF...you can close the gap, TIF might not cover all of it. Cities have gotten pretty
creative with TIF though. [LB562]
27
We are not subsidizing the project in
essence with tax money, what we are doing is financing a portion of the project that the
developer is responsible for and doing it with tax exempt bonds, thereby making their
responsibility somewhat less over a longer period of time. So in essence, the developer
isn't saying, sure, I'll have to charge more in this area than I would in some other area.
They may be paying the same amount even though they are paying this occupation tax,
because they are getting a better deal on the money that they have to borrow. In some
25
2]
20
into the appliance store, they would be paying it, the city collecting it, and using it to pay
18
s off of the Rural Development Act previously passed by the
Legislature. If a county has a size of less than $15,000, if an enhanced employment
15
< 18-2101.01. Creation of agency; cooperation with federal..., Neb.Rev.St.§...
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages; Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-21o1.01
18-2101.oi.Creation of agency;cooperation with federal government;taxes,bonds,and notes;other powers
Cities of all classes and villages of this state are hereby granted power and authority to create a community development agency
by ordinance,which agency may consist of the governing body of the city or village or a new or existing municipal division or
department,or combination thereof.When such an agency is created,it shall function in the manner prescribed by ordinance and
may exercise all of the power and authority granted to a community redevelopment authority in sections 18-2101 to 18-2144.
Cities of all classes and villages of this state are also granted power and authority to do all community development activities,and
to do all things necessary to cooperate with the federal government in all matters relating to community development program
activities as a grantee,or as an agent or otherwise,under the provisions of the federal Housing and Community Development
Act of 1974, as amended through the Housing and Community Development Amendments of 1981. Whenever such a city
exercises the power conferred in this section,it may levy taxes for the exercise of such jurisdiction and authority and may issue
general obligation bonds,general obligation notes,revenue bonds,and revenue notes including general obligation and revenue
refunding bonds and notes for the purposes set forth in such sections and under the power granted to any authority described.
Credits
Laws 1973,LB 299,§2;Laws 1976,LB 445,§ 1;Laws 1979,LB 158,§ 1;Laws 1980,LB 986,§ 1;Laws 1983,LB 71,§ 7.
Neb.Rev.St. § 18-2101.01,NE ST§ 18-2101.01
Current through the 101st Legislature Second Regular Session 2010
End n{'Document: 201 I Thomson Retdo s,No claim io original ii.S.tiove nmeni Woks.
•
. m,:. m....,,,m.._.. . .
20. 7 Thomson Routers. N. claim to orig...in.....a.....l....w,..� m......,.,,M..,...m....,,..M.m,.,.,,.`..,,„,..,,,.....�. ..,,,,.....,_...,,...,,.. ,w..,�..,.,., ....,,.,,,_,.,..w..,
Government Works, i
t
challenge. Depending on what the project is and where it situates on a piece of ground,
there may be environmental issues that we can't close the gap with TIF. There may be
other issues dealing with trying to get the water or sewer lines to it in the size that
somebody wants because it's not in our current CIP in the time frame that they want to
complete the project. This gives us those options to try to make that happen. That's all I
have. We support the bill and hope you will advance it. [LB562]
SENATOR FRIEND: Interesting. Any questions from committee members? The
interesting part was when you talked about some of the environmental problems that
TIF...you can close the gap, TIF might not cover all of it. Cities have gotten pretty
creative with TIF though. [LB562]
27
We are not subsidizing the project in
essence with tax money, what we are doing is financing a portion of the project that the
developer is responsible for and doing it with tax exempt bonds, thereby making their
responsibility somewhat less over a longer period of time. So in essence, the developer
isn't saying, sure, I'll have to charge more in this area than I would in some other area.
They may be paying the same amount even though they are paying this occupation tax,
because they are getting a better deal on the money that they have to borrow. In some
25
2]
20
into the appliance store, they would be paying it, the city collecting it, and using it to pay
18
s off of the Rural Development Act previously passed by the
Legislature. If a county has a size of less than $15,000, if an enhanced employment
15
k.
18-2102, Legislative findings and declarations, Neb.Rev.St.§ 18-2102
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2102
18-2102. Legislative findings and declarations
It is hereby found and declared that there exist in cities of all classes and villages of this state areas which have deteriorated
and become substandard and blighted because of the unsafe,insanitary,inadequate,or overcrowded condition of the dwellings
therein,or because of inadequate planning of the area,or excessive land coverage by the buildings thereon,or the lack of proper
light and air and open space, or because of the defective design and arrangement of the buildings thereon,or faulty street or
lot layout,or congested traffic conditions,or economically or socially undesirable land uses.Such conditions or a combination
of some or all of them have resulted and will continue to result in making such areas economic or social liabilities harmful to
the social and economic well-being of the entire communities in which they exist,needlessly increasing public expenditures,
imposing onerous municipal burdens, decreasing the tax base,reducing tax revenue, substantially impairing or arresting the
sound growth of municipalities, aggravating traffic problems, substantially impairing or arresting the elimination of traffic
hazards and the improvement of traffic facilities, and depreciating general community-wide values. The existence of such
areas contributes substantially and increasingly to the spread of disease and crime,necessitating excessive and disproportionate
expenditures of public funds for the preservation of the public health and safety,for crime prevention,correction,prosecution,
punishment and the treatment of juvenile delinquency,and for the maintenance of adequate police,fire,and accident protection
and other public services and facilities. These conditions are beyond remedy and control solely by regulatory process in the
exercise of the police power and cannot be dealt with effectively by the ordinary operations of private enterprise without the aids
herein-provided--The-elimination-of-such conditions and the acquisition and preparation of land in or necessary to the renewal
of substandard and blighted areas and its sale or lease for development or redevelopment in accordance with general plans and
redevelopment plans of communities and any assistance which may be given by any state public body in connection therewith
are public uses and purposes for which public money may be expended and private property acquired.The necessity in the public
interest for the provisions of the Community Development Law is hereby declared to be a matter of legislative determination.
It is further found and declared that the prevention and elimination of blight is a matter of state policy, public interest, and
statewide concern and within the powers and authority inhering in and reserved to the state, in order that the state and its
municipalities shall not continue to be endangered by areas which are focal centers of disease,promote juvenile delinquency,
and consume an excessive proportion of their revenue.
It is further found and declared that certain substandard and blighted areas, or portions thereof, may require acquisition,
clearance,and disposition, subject to use restrictions, as provided in the Community Development Law, since the prevailing
conditions of decay may make impracticable the reclamation of the area by conservation or rehabilitation; that other areas
or portions thereof may, through the means provided in the Community Development Law, be susceptible of conservation
or rehabilitation in such a manner that the conditions and evils, hereinbefore enumerated, may be eliminated, remedied, or
prevented;and that salvageable substandard and blighted areas can be conserved and rehabilitated through appropriate public
action and the cooperation and voluntary action of the owners and tenants of property in such areas.
Credits
Laws 1951, ch. 224, § 2, p. 797; Laws 1957,ch. 52, § 2, p. 247; Laws 1961,ch. 61, § 1, p. 223; Laws 1965, ch. 74, § 1, p.
298; Laws 1997,LB 875, § 3.
Codifications:R.R.S. 1943, § 14-1602;R.R.S. 1943, § 19-2602.
18-2102. Legislative findings and declarations, Neb.Rev.St.§ 18-2102
. _
Notes of Decisions(4)
Neb.Rev.St. § 18-2102,NE ST§ 18-2102
Current through the 101st Legislature Second Regular Session 2010
Eucl0 1.)0ctintet3i- .201 I Thomson Routers.No claim to original U.S.Government Works,
_ .
•
Var;q1.,VAIN :),:r rC;)20 I 1 -ftionison fr..outcrs. No CUTI to original U.S. Governrner,t.Works.
18.2102.01. Creation of authority or limited authority; name;..., Neb.Rev.St.§...
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-21o2.01
i8-2102.0i.Creation of authority or limited authority;name;membership;terms;optional election;
officers and employees;quorum;interest in contracts;accounts;loan from city;finances;deposits;audit
Cities of all classes and villages of this state are hereby granted power and authority to create community redevelopment
authorities and limited community redevelopment authorities.
(1) Whenever an authority or limited authority is created it shall bear the name of the city creating it and shall be legally
known as the Community Redevelopment Authority of the City(or Village) of (name of city or village)or the
Limited Community Redevelopment Authority of the City(or Village)of (name of city or village).
(2)When it is determined by the governing body of any city by ordinance in the exercise of its discretion that it is expedient
to create a community redevelopment authority or limited community redevelopment authority, the mayor of the city or,
if the mayor shall fail to act within ninety days after the passage of the ordinance, the president or other presiding officer
other than the mayor of the governing body,with the approval of the governing body of the city,shall appoint five or seven
persons who shall constitute the authority or the limited authority. The terms of office of the members of a five-member
authority initially appointed shall be for one year, two years, three years, four years, and five years, as designated by the
mayor,president,other presiding officer,or city manager in making the respective appointments.The terms of office of the
members of a seven-member authority initially appointed shall be one member each for one year,two_years,and five years,
and two members each for three years and four years,as designated by the mayor,president,other presiding officer,or city
manager in making the respective appointments.As the terms of the members of the authority expire in cities not having the
city manager form of government,the mayor,with the approval of the governing body of the city,shall appoint or reappoint a
member of the authority for a term of five years to succeed the member whose term expires.In cities having the city manager
form of government,the city manager shall appoint or reappoint the members with the approval of the governing body.The
terms of office of the members of a limited community redevelopment authority shall be for the duration of only one single
specific limited pilot project authorized in the ordinance creating the limited community redevelopment authority,and the
terms of the members of a limited community redevelopment authority shall expire upon the completion of the single specific
limited pilot project authorized in the ordinance creating the limited community redevelopment authority.
A governing body may at its option submit an ordinance which creates a community redevelopment authority or a limited
community redevelopment authority to the electors of the city for approval by a majority vote of the electors voting on the
ordinance. On submitting the ordinance for approval,the governing body is authorized to call,by the ordinance,a special or
general election and to submit,after thirty days'notice of the time and place of holding the election and according to the manner
and method otherwise provided by law for the calling,conducting,canvassing,and certifying of the result of city elections on
the submission of propositions to the electors,the proposition to be stated on the ballot as follows:
Shall the City(or Village)of (name of city or village)create a Community Redevelopment Authority of the City(or
Village)of (name of city or village)?
...Yes
...No.
....;1 .. tr-.'Vt't.i 'Ff f'leimtof ;(r: lt? . No { ISl m o y.j;r1 1...1 S. Government ,",/o!i<^.. 1
Laws 1951, ch. 224, § 2, p. 797; Laws 1957,ch. 52, § 2, p. 247; Laws 1961,ch. 61, § 1, p. 223; Laws 1965, ch. 74, § 1, p.
298; Laws 1997,LB 875, § 3.
Codifications:R.R.S. 1943, § 14-1602;R.R.S. 1943, § 19-2602.
18-2102.01.Creation of authority or limited authority; name;...,Neb.Rev.St.§...
When the ordinance submitted to the electors for approval by a majority vote of the electors voting on the ordinance is to create
a limited community redevelopment authority the proposition shall be stated on the ballot as follows:
Shall the City(or Village)of (name of city or village)create a Limited Community Redevelopment Authority of the
City(or Village)of (name of city or village)?
...Yes
No.
Vacancies shall be filled for any unexpired term in the same manner as the original appointment.Members of the authority
so appointed shall hold office until their successors have been appointed and qualified.Members of a limited authority shall
hold office as provided in this section.All members of the authority shall serve without compensation,but shall be entitled
to be reimbursed for all necessary expenses incurred.
(3)Any authority established under this section shall organize by electing one of its members chairperson and another vice-
chairperson,shall have power to employ counsel,a director who shall be ex officio secretary of the authority,and such other
officers and employees as may be desired, and shall fix the term of office, qualifications,and compensation of each. The
holder of the office of community redevelopment administrator or coordinator of the city may,but need not,be appointed
the director but at no additional compensation by the authority.Community redevelopment authorities of cities of the first
and second class and villages may secure the services of a director,community redevelopment administrator,or coordinator,
and other officers and employees as may be desired through contract with the Department of Economic Development upon
terms which are mutually agreeable. Any authority established under this section may validly and effectively act on all
matters requiring a resolution or other official action by the concurrence of three members of a five-member authority or four
members of a seven-member authority present and voting at a meeting of the authority. Orders,requisitions,warrants,and
other documents may be executed by the chairperson or vice-chairperson or by or with others designated in its bylaws.
(4)No member or employee of any authority established under this section shall have any interest directly or indirectly in
any contract for property,materials,or services to be required by such authority.
(5)The authority shall keep an accurate account of all its activities and of all receipts and disbursements and make an annual
report of such activities,receipts,and disbursements to the governing body of the city.
(6) The governing body of a city creating a community redevelopment authority or a limited community redevelopment
authority is hereby authorized to appropriate and loan to the authority a sum not exceeding ten thousand dollars for the
purposes of paying expenses of organizing and supervising the work of the authority at the beginning of its activities.The
loan shall be authorized by resolution of the governing body which shall set forth the terms and time of the repayment of the
loan.The loan may be appropriated out of the general funds or any sinking fund.
(7) All income, revenue, profits, and other funds received by any authority established under this section from whatever
source derived,or appropriated by the city,or realized from tax receipts or comprised in the special revenue fund of the city
designated for the authority or from the proceeds of bonds,or otherwise,shall be deposited with the city treasurer as ex officio
treasurer of the authority without commingling the money with any other money under his or her control and disbursed by
him or her by check,draft,or order only upon warrants,orders,or requisitions by the chairperson of the authority or other
person authorized by the authority which shall state distinctly the purpose for which the same are drawn.A permanent record
shall be kept by the authority of all warrants,orders,or requisitions so drawn,showing the date,amount,consideration,and
to whom payable. When paid,the same shall be canceled and kept on file by the city treasurer.The books of any authority
established under this section shall from time to time be audited upon the order of the governing body of the municipality
in such manner as it may direct, and all books and records of the authority shall at all times be open to public inspection.
The authority may contract with the holders of any of its bonds or notes as to collection,custody,securing investment,and
payment of any money of the authority or any money held in trust or otherwise for the payment of bonds or notes or in any
�:?:,,.Y4". _" I;:4.;....... . F'.^.K �
a .1..�t �i�l(;`I.�i`.�l.� t��.,. :�. No :a;j fl l('4i 4,;II'%' tj,... .7ovc(f'i!'ll+.'tli Works L.
.4) 18-2102.01. Creation of authority or limited authority; name;...,Neb.Rev.St.§...
way to secure bonds or notes.The authority may carry out the contract notwithstanding that such contract may be inconsistent
with the previous provisions of this subdivision. All banks,capital stock financial institutions,qualifying mutual financial
institutions,and trust companies are hereby authorized to give security for the deposits of money of any authority established
under the provisions of this section pursuant to the Public Funds Deposit Security Act. Section 77-2366 applies to deposits
in capital stock financial institutions. Section 77-2365.01 shall apply to deposits in qualifying mutual financial institutions.
Credits
Laws 1957,ch.52,§ 3,p.248;Laws 1961,ch.61,§2,p.224;Laws 1963,ch.89,§9,p. 307;Laws 1965,ch.74, §2,p.300;
Laws 1967,ch.87,§ 1,p.273;Laws 1969,ch. 106,§ 1,p.484;Laws 1969,ch. 107,§ 1,p.499;Laws 1989,LB 33,§23;Laws
1997,LB 875,§4;Laws 1999,LB 396, § 19;Laws 2001,LB 362,§26;Laws 2009,LB 339, § 1,eff.Aug.30,2009.
Codifications:R.S. Supp., 1963, § 19-2602.01.
Neb.Rev. St. § 18-2102.01,NE ST§ 18-2102.01
Current through the 101st Legislature Second Regular Session 2010
End of Document. ;2011 Thomson Reuters.No ;iaiirn A,kwiginr l[J.S.Government Work:.
•
(.1
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he first
and second class and villages may secure the services of a director,community redevelopment administrator,or coordinator,
and other officers and employees as may be desired through contract with the Department of Economic Development upon
terms which are mutually agreeable. Any authority established under this section may validly and effectively act on all
matters requiring a resolution or other official action by the concurrence of three members of a five-member authority or four
members of a seven-member authority present and voting at a meeting of the authority. Orders,requisitions,warrants,and
other documents may be executed by the chairperson or vice-chairperson or by or with others designated in its bylaws.
(4)No member or employee of any authority established under this section shall have any interest directly or indirectly in
any contract for property,materials,or services to be required by such authority.
(5)The authority shall keep an accurate account of all its activities and of all receipts and disbursements and make an annual
report of such activities,receipts,and disbursements to the governing body of the city.
(6) The governing body of a city creating a community redevelopment authority or a limited community redevelopment
authority is hereby authorized to appropriate and loan to the authority a sum not exceeding ten thousand dollars for the
purposes of paying expenses of organizing and supervising the work of the authority at the beginning of its activities.The
loan shall be authorized by resolution of the governing body which shall set forth the terms and time of the repayment of the
loan.The loan may be appropriated out of the general funds or any sinking fund.
(7) All income, revenue, profits, and other funds received by any authority established under this section from whatever
source derived,or appropriated by the city,or realized from tax receipts or comprised in the special revenue fund of the city
designated for the authority or from the proceeds of bonds,or otherwise,shall be deposited with the city treasurer as ex officio
treasurer of the authority without commingling the money with any other money under his or her control and disbursed by
him or her by check,draft,or order only upon warrants,orders,or requisitions by the chairperson of the authority or other
person authorized by the authority which shall state distinctly the purpose for which the same are drawn.A permanent record
shall be kept by the authority of all warrants,orders,or requisitions so drawn,showing the date,amount,consideration,and
to whom payable. When paid,the same shall be canceled and kept on file by the city treasurer.The books of any authority
established under this section shall from time to time be audited upon the order of the governing body of the municipality
in such manner as it may direct, and all books and records of the authority shall at all times be open to public inspection.
The authority may contract with the holders of any of its bonds or notes as to collection,custody,securing investment,and
payment of any money of the authority or any money held in trust or otherwise for the payment of bonds or notes or in any
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18-2103. Terms,defined, Neb.Rev.St.§18-2103
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21. Community Development
Neb.Rev.St.§ 1.8-21o3
18-2103.Terms,defined
For purposes of the Community Development Law,unless the context otherwise requires:
(1)An authority means any community redevelopment authority created pursuant to section 18-2102.01 and a city or village
which has created a community development agency pursuant to the provisions of section 18-2101.01 and does not include
a limited community redevelopment authority;
(2) Limited community redevelopment authority means a community redevelopment authority created pursuant to section
18-2102.01 having only one single specific limited pilot project authorized;
(3)City means any city or incorporated village in the state;
(4)Public body means the state or any municipality,county,township,board,commission,authority,district,or other political
subdivision or public body of the state;
(5)Governing body or local governing body means the city council,board of trustees,or other legislative body charged with
governing the municipality;
_
(6)Mayor means the mayor of the city or chairperson of the board of trustees of the village;
(7)Clerk means the clerk of the city or village;
(8) Federal government means the United States of America,or any agency or instrumentality,corporate or otherwise, of
the United States of America;
(9)Area of operation means and includes the area within the corporate limits of the city and such land outside the city as
may come within the purview of section 18-2123;
(10)Substandard areas means an area in which there is a predominance of buildings or improvements,whether nonresidential
or residential in character, which, by reason of dilapidation, deterioration, age or obsolescence, inadequate provision for
ventilation,light,air,sanitation,or open spaces,high density of population and overcrowding,or the existence of conditions
which endanger life or property by fire and other causes, or any combination of such factors, is conducive to ill health,
transmission of disease,infant mortality,juvenile delinquency,and crime,(which cannot be remedied through construction
of prisons),and is detrimental to the public health,safety,morals,or welfare;
(11)Blighted area means an area,which(a)by reason of the presence of a substantial number of deteriorated or deteriorating
structures, existence of defective or inadequate street layout, faulty lot layout in relation to size, adequacy, accessibility,
or usefulness, insanitary or unsafe conditions, deterioration of site or other improvements, diversity of ownership, tax or
special assessment delinquency exceeding the fair value of the land, defective or unusual conditions of title, improper
subdivision or obsolete platting,or the.existence of conditions which endanger life or property by fire and other causes,or
any combination of such factors,substantially impairs or arrests the sound growth of the community,retards the provision of
housing accommodations,or constitutes an economic or social liability and is detrimental to the public health,safety,morals,
<c uicF,. Li,. . Government Works
y established under this section from whatever
source derived,or appropriated by the city,or realized from tax receipts or comprised in the special revenue fund of the city
designated for the authority or from the proceeds of bonds,or otherwise,shall be deposited with the city treasurer as ex officio
treasurer of the authority without commingling the money with any other money under his or her control and disbursed by
him or her by check,draft,or order only upon warrants,orders,or requisitions by the chairperson of the authority or other
person authorized by the authority which shall state distinctly the purpose for which the same are drawn.A permanent record
shall be kept by the authority of all warrants,orders,or requisitions so drawn,showing the date,amount,consideration,and
to whom payable. When paid,the same shall be canceled and kept on file by the city treasurer.The books of any authority
established under this section shall from time to time be audited upon the order of the governing body of the municipality
in such manner as it may direct, and all books and records of the authority shall at all times be open to public inspection.
The authority may contract with the holders of any of its bonds or notes as to collection,custody,securing investment,and
payment of any money of the authority or any money held in trust or otherwise for the payment of bonds or notes or in any
�:?:,,.Y4". _" I;:4.;....... . F'.^.K �
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•
18-2103.Terms,defined,Neb.Rev.St.§18-2103
or welfare in its present condition and use and(b)in which there is at least one of the following conditions:(i)Unemployment
in the designated area is at least one hundred twenty percent of the state or national average; (ii) the average age of the
residential or commercial units in the area is at least forty years;(iii)more than half of the plotted and subdivided property
in an area is unimproved land that has been within the city for forty years and has remained unimproved during that time;
(iv)the per capita income of the area is lower than the average per capita income of the city or village in which the area
is designated;or(v)the area has had either stable or decreasing population based on the last two decennial censuses.In no
event shall a city of the metropolitan,primary,or first class designate more than thirty-five percent of the city as blighted,
a city of the second class shall not designate an area larger than fifty percent of the city as blighted,and a village shall not
designate an area larger than one hundred percent of the village as blighted;
(12)Redevelopment project means any work or undertaking in one or more community redevelopment areas:(a)To acquire
substandard and blighted areas or portions thereof,including lands,structures,or improvements the acquisition of which is
necessary or incidental to the proper clearance,development,or redevelopment of such substandard and blighted areas;(b)
to clear any such areas by demolition or removal of existing buildings, structures, streets, utilities, or other improvements
thereon and to install,construct,or reconstruct streets,utilities,parks,playgrounds,public spaces,public parking facilities,
sidewalks or moving sidewalks,convention and civic centers,bus stop shelters,lighting,benches or other similar furniture,
trash receptacles,shelters,skywalks and pedestrian and vehicular overpasses and underpasses,and any other necessary public
improvements essential to the preparation of sites for uses in accordance with a redevelopment plan; (c)to sell, lease, or
otherwise make available land in such areas for residential, recreational, commercial, industrial, or other uses, including
parking or other facilities functionally related or subordinate to such uses,or for public use or to retain such land for public
use,in accordance with a redevelopment plan;and may also include the preparation of the redevelopment plan,the planning,
survey,and other work incident to a redevelopment project and the preparation of all plans and arrangements for carrying out
a redevelopment project;(d)to dispose of all real and personal property or any interest in such property,or assets,cash,or
other funds held or used in connection with residential,recreational,commercial,industrial,or other uses,including parking
or other facilities functionally related or subordinate to such uses, or any public use specified in a redevelopment plan or
project,except that such disposition shall be at its fair value for uses in accordance with the redevelopment plan;(e)to acquire
real property in a community redevelopment area which, under the redevelopment plan,is to be repaired or rehabilitated
for dwelling use or related facilities,repair or rehabilitate the structures, and resell the property;and (f)to carry out plans
for a program of voluntary or compulsory repair and rehabilitation of buildings or other improvements in accordance with
the redevelopment plan;
(13)Redevelopment plan means a plan,as it exists from time to time for one or more community redevelopment areas,or for a
redevelopment project,which(a)conforms to the general plan for the municipality as a whole and(b)is sufficiently complete
to indicate such land acquisition,demolition and removal of structures,redevelopment,improvements,and rehabilitation as
may be proposed to be carried out in the community redevelopment area,zoning and planning changes,if any, land uses,
maximum densities,and building requirements;
(14)Redeveloper means any person,partnership,or public or private corporation or agency which enters or proposes to enter
into a redevelopment contract;
(15) Redevelopment contract means a contract entered into between an authority and a redeveloper for the redevelopment
of an area in conformity with a redevelopment plan;
(16) Real property means all lands, including improvements and fixtures thereon, and property of any nature appurtenant
thereto,or used in connection therewith,and every estate,interest and right,legal or equitable,therein,including terms for
years and liens by way of judgment,mortgage,or otherwise,and the indebtedness secured by such liens;
(17)Bonds means any bonds,including refunding bonds,notes,interim certificates,debentures,or other obligations issued
pursuant to the Community Development Law except for bonds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2103.Terms,defined,Neb.Rev.St.§18-2103
(18)Obligee means any bondholder,agent, or trustee for any bondholder,or lessor demising to any authority, established
pursuant to section 18-2102.01,property used in connection with a redevelopment project,or any assignee or assignees of
such lessor's interest or any part thereof,and the federal government when it is a party to any contract with such authority;
(19) Person means any individual, firm, partnership, limited liability company, corporation, company, association,joint-
stock association,or body politic and includes any trustee,receiver,assignee,or other similar representative thereof;
(20)Community redevelopment area means a substandard and blighted area which the community redevelopment authority
designates as appropriate for a renewal project;
(21) Redevelopment project valuation means the valuation for assessment of the taxable real property in a redevelopment
project last certified for the year prior to the effective date of the provision authorized in section 18-2147;
(22) Enhanced employment area means an area not exceeding six hundred acres (a) within a community redevelopment
area which is designated by an authority as eligible for the imposition of an occupation tax or(b)not within a community
redevelopment area as may be designated under section 18-2142.04;
(23)Employee means a person employed at a business as a result of a redevelopment project;
(24)Employer-provided health benefit means any item paid for by the employer in total or in part that aids in the cost of
health care services, including, but not limited to,health insurance,health savings accounts, and employer reimbursement
of health care costs;
(25)Equivalent employees means the number of employees computed by(a)dividing the total hours to be paid in a year by
(b)the product of forty times the number of weeks in a year;
(26)Business means any private business located in an enhanced employment area;
• (27)New investment means the value of improvements to real estate made in an enhanced employment area by a developer
or abusiness;
(28)Number of new employees means the number of equivalent employees that are employed at a business as a result of the
redevelopment project during a year that are in excess of the number of equivalent employees during the year immediately
prior to the year that a redevelopment plan is adopted;and
(29)Occupation tax means a tax imposed under section 18-2142.02.
Credits
Laws 1951,ch.224,§3,p.797;Laws 1957,ch.52,§4,p.249;Laws 1961,ch.61,§3,p.227;Laws 1965,ch.74,§3,p.303;
Laws 1969,ch. 106, § 2,p.488;Laws 1973,LB 299, §3;Laws 1979,LB 158, §2;Laws 1980,LB 986, § 2;Laws 1984,LB
1084,§2;Laws 1993,LB 121,§ 143;Laws 1997,LB 875,§5;Laws 2007,LB 562, §2.
Codifications: R.R.S. 1943, § 14-1603;R.R.S. 1943,§ 19-2603.
Notes of Decisions(5)
Neb.Rev.St. § 18-2103,NE ST§ 18-2103
Current through the 101st Legislature Second Regular Session 2010
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•
d (f)to carry out plans
for a program of voluntary or compulsory repair and rehabilitation of buildings or other improvements in accordance with
the redevelopment plan;
(13)Redevelopment plan means a plan,as it exists from time to time for one or more community redevelopment areas,or for a
redevelopment project,which(a)conforms to the general plan for the municipality as a whole and(b)is sufficiently complete
to indicate such land acquisition,demolition and removal of structures,redevelopment,improvements,and rehabilitation as
may be proposed to be carried out in the community redevelopment area,zoning and planning changes,if any, land uses,
maximum densities,and building requirements;
(14)Redeveloper means any person,partnership,or public or private corporation or agency which enters or proposes to enter
into a redevelopment contract;
(15) Redevelopment contract means a contract entered into between an authority and a redeveloper for the redevelopment
of an area in conformity with a redevelopment plan;
(16) Real property means all lands, including improvements and fixtures thereon, and property of any nature appurtenant
thereto,or used in connection therewith,and every estate,interest and right,legal or equitable,therein,including terms for
years and liens by way of judgment,mortgage,or otherwise,and the indebtedness secured by such liens;
(17)Bonds means any bonds,including refunding bonds,notes,interim certificates,debentures,or other obligations issued
pursuant to the Community Development Law except for bonds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2103.01. Repealed by Laws 1969,ch.257,§44, Neb.Rev.St.§18-2103.01
West's Revised Statutes of Nebraska Annotated Currentness
Chapter i8.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§ 18-2103.oi
18-2103.01.Repealed by Laws 1969,ch.257,§44
18-2103.01.Repealed by Laws 1969,ch. 257,§44
Neb.Rev.St. § 18-2103.01,NE ST§ 18-2103.01
Current through the 101st Legislature Second Regular Session 2010
F,1(i.of Document :'2011 Thomson Routers.No clnirn ro original U.S.Gov::rnmcm\\forks.
ra .,....t:MiNkr.`1-'.L 1 ,Z`ro ;7 Roi„itevs. No CL rn to original Govornment.Works, _
18-2103.02.Acquisition of housing property; relocation of..., Neb.Rev.St.§...
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages; Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2103.02
18-2103.02.Acquisition of housing property;relocation of persons displaced
When any property consisting of housing is acquired for redevelopment by the authority, the authority shall provide for
relocation of any persons displaced as a result thereof.
Credits
Laws 1965,ch. 74,§5,p.306.
Neb. Rev.St. § 18-2103.02,NE ST§ 18-2103.02
Current through the 101 st Legislature Second Regular Session 2010
End of DotAturt'tt9 ;: "ia i I T hom on'Ri'utQrs.No claim to originat U.S.(.;uvcrnment'\\otks.
•
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ou? meC.
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prior to the effective date of the provision authorized in section 18-2147;
(22) Enhanced employment area means an area not exceeding six hundred acres (a) within a community redevelopment
area which is designated by an authority as eligible for the imposition of an occupation tax or(b)not within a community
redevelopment area as may be designated under section 18-2142.04;
(23)Employee means a person employed at a business as a result of a redevelopment project;
(24)Employer-provided health benefit means any item paid for by the employer in total or in part that aids in the cost of
health care services, including, but not limited to,health insurance,health savings accounts, and employer reimbursement
of health care costs;
(25)Equivalent employees means the number of employees computed by(a)dividing the total hours to be paid in a year by
(b)the product of forty times the number of weeks in a year;
(26)Business means any private business located in an enhanced employment area;
• (27)New investment means the value of improvements to real estate made in an enhanced employment area by a developer
or abusiness;
(28)Number of new employees means the number of equivalent employees that are employed at a business as a result of the
redevelopment project during a year that are in excess of the number of equivalent employees during the year immediately
prior to the year that a redevelopment plan is adopted;and
(29)Occupation tax means a tax imposed under section 18-2142.02.
Credits
Laws 1951,ch.224,§3,p.797;Laws 1957,ch.52,§4,p.249;Laws 1961,ch.61,§3,p.227;Laws 1965,ch.74,§3,p.303;
Laws 1969,ch. 106, § 2,p.488;Laws 1973,LB 299, §3;Laws 1979,LB 158, §2;Laws 1980,LB 986, § 2;Laws 1984,LB
1084,§2;Laws 1993,LB 121,§ 143;Laws 1997,LB 875,§5;Laws 2007,LB 562, §2.
Codifications: R.R.S. 1943, § 14-1603;R.R.S. 1943,§ 19-2603.
Notes of Decisions(5)
Neb.Rev.St. § 18-2103,NE ST§ 18-2103
Current through the 101st Legislature Second Regular Session 2010
Encl t:bru•rmrer,+ henicr=. No claim to nn+_,,n:rl t_rr,errnnrnr Wort: .
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m._,,.�......,,M.,._............. m,.,..,mm.._...�
•
d (f)to carry out plans
for a program of voluntary or compulsory repair and rehabilitation of buildings or other improvements in accordance with
the redevelopment plan;
(13)Redevelopment plan means a plan,as it exists from time to time for one or more community redevelopment areas,or for a
redevelopment project,which(a)conforms to the general plan for the municipality as a whole and(b)is sufficiently complete
to indicate such land acquisition,demolition and removal of structures,redevelopment,improvements,and rehabilitation as
may be proposed to be carried out in the community redevelopment area,zoning and planning changes,if any, land uses,
maximum densities,and building requirements;
(14)Redeveloper means any person,partnership,or public or private corporation or agency which enters or proposes to enter
into a redevelopment contract;
(15) Redevelopment contract means a contract entered into between an authority and a redeveloper for the redevelopment
of an area in conformity with a redevelopment plan;
(16) Real property means all lands, including improvements and fixtures thereon, and property of any nature appurtenant
thereto,or used in connection therewith,and every estate,interest and right,legal or equitable,therein,including terms for
years and liens by way of judgment,mortgage,or otherwise,and the indebtedness secured by such liens;
(17)Bonds means any bonds,including refunding bonds,notes,interim certificates,debentures,or other obligations issued
pursuant to the Community Development Law except for bonds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2104. Exercise of powers; objective, Neb.Rev.St.§ 18-2104
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2104
18-2104.Exercise of powers;objective
• The governing body of a city,to the greatest extent it deems to be feasible in carrying out the provisions of sections 18-2101
to 18-2144, shall afford maximum opportunity, consistent with the sound needs of the city as a whole, to the rehabilitation
or redevelopment of the community redevelopment area by private enterprises. The governing body of a city shall give
consideration to this objective in exercising its powers under sections 18-2101 to 18-2144, including the formulation of a
workable program,the approval of community redevelopment plans consistent with the general plan for the development of
the city,the exercise of its zoning powers,the enforcement of other laws,codes,and regulations,relating to the use of land and
the use and occupancy of buildings and improvements,the disposition of any property acquired,and the providing of necessary
public improvements.
Credits
Laws 1951,ch.224,§4(1),p.800;Laws 1957,ch.52,§5,p.252;Laws 1961,ch.61,§4,p.230.
Codifications: R.R.S. 1943, § 14-1604;R.R.S. 1943,§ 19-2604.
Notes of Decisions(2)
Neb.Rev.St. § 18-2104,NE ST§ 18-2104
Current through the 101st Legislature Second Regular Session 2010
End of Document "- _'n;I Thomson Reuter:.No claim to original U.S.Government Works.
ls'; NExt 0 i 1 :lomoon i cl.it s. No claims to original f.l S. Government Works.
ed to,health insurance,health savings accounts, and employer reimbursement
of health care costs;
(25)Equivalent employees means the number of employees computed by(a)dividing the total hours to be paid in a year by
(b)the product of forty times the number of weeks in a year;
(26)Business means any private business located in an enhanced employment area;
• (27)New investment means the value of improvements to real estate made in an enhanced employment area by a developer
or abusiness;
(28)Number of new employees means the number of equivalent employees that are employed at a business as a result of the
redevelopment project during a year that are in excess of the number of equivalent employees during the year immediately
prior to the year that a redevelopment plan is adopted;and
(29)Occupation tax means a tax imposed under section 18-2142.02.
Credits
Laws 1951,ch.224,§3,p.797;Laws 1957,ch.52,§4,p.249;Laws 1961,ch.61,§3,p.227;Laws 1965,ch.74,§3,p.303;
Laws 1969,ch. 106, § 2,p.488;Laws 1973,LB 299, §3;Laws 1979,LB 158, §2;Laws 1980,LB 986, § 2;Laws 1984,LB
1084,§2;Laws 1993,LB 121,§ 143;Laws 1997,LB 875,§5;Laws 2007,LB 562, §2.
Codifications: R.R.S. 1943, § 14-1603;R.R.S. 1943,§ 19-2603.
Notes of Decisions(5)
Neb.Rev.St. § 18-2103,NE ST§ 18-2103
Current through the 101st Legislature Second Regular Session 2010
Encl t:bru•rmrer,+ henicr=. No claim to nn+_,,n:rl t_rr,errnnrnr Wort: .
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m._,,.�......,,M.,._............. m,.,..,mm.._...�
•
d (f)to carry out plans
for a program of voluntary or compulsory repair and rehabilitation of buildings or other improvements in accordance with
the redevelopment plan;
(13)Redevelopment plan means a plan,as it exists from time to time for one or more community redevelopment areas,or for a
redevelopment project,which(a)conforms to the general plan for the municipality as a whole and(b)is sufficiently complete
to indicate such land acquisition,demolition and removal of structures,redevelopment,improvements,and rehabilitation as
may be proposed to be carried out in the community redevelopment area,zoning and planning changes,if any, land uses,
maximum densities,and building requirements;
(14)Redeveloper means any person,partnership,or public or private corporation or agency which enters or proposes to enter
into a redevelopment contract;
(15) Redevelopment contract means a contract entered into between an authority and a redeveloper for the redevelopment
of an area in conformity with a redevelopment plan;
(16) Real property means all lands, including improvements and fixtures thereon, and property of any nature appurtenant
thereto,or used in connection therewith,and every estate,interest and right,legal or equitable,therein,including terms for
years and liens by way of judgment,mortgage,or otherwise,and the indebtedness secured by such liens;
(17)Bonds means any bonds,including refunding bonds,notes,interim certificates,debentures,or other obligations issued
pursuant to the Community Development Law except for bonds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
•
18-2105. Formulation of workable program; disaster..., Neb.Rev.St.§18-2105
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
•
Neb.Rev.St.§18-2105
18-2105.Formulation of workable program;disaster assistance;effect
The governing body of a city or an authority at its direction for the purposes of the Community Development Law may
formulate for the entire municipality a workable program for utilizing appropriate private and public resources to eliminate or
prevent the development or spread of urban blight,to encourage needed urban rehabilitation,to provide for the redevelopment
of substandard and blighted areas, or to undertake such of the aforesaid activities or other feasible municipal activities as
may be suitably employed to achieve the objectives of such workable program. Such workable program may include,without
limitation, provision for the prevention of the spread of blight into areas of the municipality which are free from blight
through diligent enforcement of housing,zoning,and occupancy controls and standards; the rehabilitation or conservation of
substandard and blighted areas or portions thereof by replanning,removing congestion,providing parks,playgrounds,and other
public improvements by encouraging voluntary rehabilitation and by compelling the repair and rehabilitation of deteriorated or
deteriorating structures;and the clearance and redevelopment of substandard and blighted areas or portions thereof.
Notwithstanding any other provisions of the Community Development Law,where the local governing body certifies that an
area is in need of redevelopment or rehabilitation as a result of flood, fire,hurricane,earthquake, storm,or other catastrophe
respecting which the Governor of the state has certified the need for disaster assistance under federal law,the local governing
body may approve a redevelopment plan and a redevelopment project with respect to such area without regard to the provisions
_. - ..-._.of-the_Community Development-Law requiring-a-general-plan-for-the-municipality-and notice and-public-hearing--or-findings
other than herein set forth.
Credits
Laws 1951,ch.224, §4(2),p.800;Laws 1957,ch.52,§6,p.253;Laws 1961,ch.61,§5,p.231;Laws 1997,LB 875,§6.
Codifications:R.R.S. 1943, § 14-1605;R.R.S. 1943,§ 19-2605.
Notes of Decisions(4)
Neb.Rev.St.§ 18-2105,NE ST§ 18-2105
Current through the 101 st Legislature Second Regular Session 2010
Fl of 1)utvmCn4 20 i I Thomson Remcrs.No claim to orieinal U S.Government Works.
.<...,:.1M- NEttxt,.. 20.1 I !-i;^.t?"i:i: P::iitV l\lo claim to original n`l t..1,:. Govo imoot Works,,,
993,LB 121,§ 143;Laws 1997,LB 875,§5;Laws 2007,LB 562, §2.
Codifications: R.R.S. 1943, § 14-1603;R.R.S. 1943,§ 19-2603.
Notes of Decisions(5)
Neb.Rev.St. § 18-2103,NE ST§ 18-2103
Current through the 101st Legislature Second Regular Session 2010
Encl t:bru•rmrer,+ henicr=. No claim to nn+_,,n:rl t_rr,errnnrnr Wort: .
_.....,,,M.M..,,mm,_.M,,,....,...\Ne5tlawW.Kt m.,.=)......,...,,.,.,,o...wft`io,.wn Reuteri,, N.,.._ca: !T.m„=oo ig fts.., U .S.I Gov.,.e.,,.rrn,w..m_...e,,.n,r,.,.Works.
m._,,.�......,,M.,._............. m,.,..,mm.._...�
•
d (f)to carry out plans
for a program of voluntary or compulsory repair and rehabilitation of buildings or other improvements in accordance with
the redevelopment plan;
(13)Redevelopment plan means a plan,as it exists from time to time for one or more community redevelopment areas,or for a
redevelopment project,which(a)conforms to the general plan for the municipality as a whole and(b)is sufficiently complete
to indicate such land acquisition,demolition and removal of structures,redevelopment,improvements,and rehabilitation as
may be proposed to be carried out in the community redevelopment area,zoning and planning changes,if any, land uses,
maximum densities,and building requirements;
(14)Redeveloper means any person,partnership,or public or private corporation or agency which enters or proposes to enter
into a redevelopment contract;
(15) Redevelopment contract means a contract entered into between an authority and a redeveloper for the redevelopment
of an area in conformity with a redevelopment plan;
(16) Real property means all lands, including improvements and fixtures thereon, and property of any nature appurtenant
thereto,or used in connection therewith,and every estate,interest and right,legal or equitable,therein,including terms for
years and liens by way of judgment,mortgage,or otherwise,and the indebtedness secured by such liens;
(17)Bonds means any bonds,including refunding bonds,notes,interim certificates,debentures,or other obligations issued
pursuant to the Community Development Law except for bonds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
1812106.Authority; member or employee; interest in project..., Neb.Rev.St.§18-2106 mm
•
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-21o6
18-2106.Authority; member or employee;interest in project or property;restriction;disclosure
No member or employee of an authority shall voluntarily acquire any interest,direct or indirect,in any redevelopment project or
in any property included or planned by the authority to be included in any such project,or in any contract or proposed contract in
connection with any such project.Where the acquisition is not voluntary,such member or employee shall immediately disclose
such interest in writing to the authority and such disclosure shall be entered upon the minutes of the authority.If any member
or employee of an authority presently owns or controls or owned or controlled within the preceding two years an interest,direct
or indirect,in any property included or planned by the authority to be included in any redevelopment project,he immediately
shall disclose such interest in writing to the authority and such disclosure shall be entered upon the minutes of the authority.
Upon such disclosure such member or employee of an authority shall not participate in any action by the authority affecting
such property.
Credits
Laws 1951,ch.224, §4(3),p.801.
Codifications:R.R.S. 1943, § 14-1606;R.R.S. 1943, § 19-2606.
Neb.Rev.St. § 18-2106,NE ST§ 18-2106
Current through the 101st Legislature Second Regular Session 2010
Fuld n!17neinilvn! 2 0 i 1 Thomson Reulecs.No claim to original U.S.Hover nmeni Works.
•
:e -E_.sN t 20 11 i'iorimscm oi,iforY,• No (:lair() to original U.S. G vv' W !
respecting which the Governor of the state has certified the need for disaster assistance under federal law,the local governing
body may approve a redevelopment plan and a redevelopment project with respect to such area without regard to the provisions
_. - ..-._.of-the_Community Development-Law requiring-a-general-plan-for-the-municipality-and notice and-public-hearing--or-findings
other than herein set forth.
Credits
Laws 1951,ch.224, §4(2),p.800;Laws 1957,ch.52,§6,p.253;Laws 1961,ch.61,§5,p.231;Laws 1997,LB 875,§6.
Codifications:R.R.S. 1943, § 14-1605;R.R.S. 1943,§ 19-2605.
Notes of Decisions(4)
Neb.Rev.St.§ 18-2105,NE ST§ 18-2105
Current through the 101 st Legislature Second Regular Session 2010
Fl of 1)utvmCn4 20 i I Thomson Remcrs.No claim to orieinal U S.Government Works.
.<...,:.1M- NEttxt,.. 20.1 I !-i;^.t?"i:i: P::iitV l\lo claim to original n`l t..1,:. Govo imoot Works,,,
993,LB 121,§ 143;Laws 1997,LB 875,§5;Laws 2007,LB 562, §2.
Codifications: R.R.S. 1943, § 14-1603;R.R.S. 1943,§ 19-2603.
Notes of Decisions(5)
Neb.Rev.St. § 18-2103,NE ST§ 18-2103
Current through the 101st Legislature Second Regular Session 2010
Encl t:bru•rmrer,+ henicr=. No claim to nn+_,,n:rl t_rr,errnnrnr Wort: .
_.....,,,M.M..,,mm,_.M,,,....,...\Ne5tlawW.Kt m.,.=)......,...,,.,.,,o...wft`io,.wn Reuteri,, N.,.._ca: !T.m„=oo ig fts.., U .S.I Gov.,.e.,,.rrn,w..m_...e,,.n,r,.,.Works.
m._,,.�......,,M.,._............. m,.,..,mm.._...�
•
d (f)to carry out plans
for a program of voluntary or compulsory repair and rehabilitation of buildings or other improvements in accordance with
the redevelopment plan;
(13)Redevelopment plan means a plan,as it exists from time to time for one or more community redevelopment areas,or for a
redevelopment project,which(a)conforms to the general plan for the municipality as a whole and(b)is sufficiently complete
to indicate such land acquisition,demolition and removal of structures,redevelopment,improvements,and rehabilitation as
may be proposed to be carried out in the community redevelopment area,zoning and planning changes,if any, land uses,
maximum densities,and building requirements;
(14)Redeveloper means any person,partnership,or public or private corporation or agency which enters or proposes to enter
into a redevelopment contract;
(15) Redevelopment contract means a contract entered into between an authority and a redeveloper for the redevelopment
of an area in conformity with a redevelopment plan;
(16) Real property means all lands, including improvements and fixtures thereon, and property of any nature appurtenant
thereto,or used in connection therewith,and every estate,interest and right,legal or equitable,therein,including terms for
years and liens by way of judgment,mortgage,or otherwise,and the indebtedness secured by such liens;
(17)Bonds means any bonds,including refunding bonds,notes,interim certificates,debentures,or other obligations issued
pursuant to the Community Development Law except for bonds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2107.Authority; powers and duties, Neb.Rev.St.§18-2107
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2107
18-2107.Authority;powers and duties
An authority shall constitute a public body corporate and politic,exercising public and essential governmental functions and
having all the powers necessary or convenient to carry out and effectuate the purposes and provisions of the Community
Development Law and sections 18-2147 to 18-2151,including the power:
(1)To sue and to be sued;to have a seal and to alter the same at pleasure;to have perpetual succession;to make and execute
contracts and other instruments necessary or convenient to the exercise of the powers of the authority;and to make and from
time to time amend and repeal bylaws,rules,and regulations not inconsistent with the Community Development Law;
(2)To prepare or cause to be prepared and recommend redevelopment plans to the governing body of the city and to undertake
and carry out redevelopment projects within its area of operation;
(3) To arrange or contract for the furnishing or repair, by any person or agency,public or private, of services, privileges,
works,streets,roads,public utilities,or other facilities for or in connection with a redevelopment project;and,notwithstanding
anything to the contrary contained in the Community Development Law or any other provision of law, to agree to any
conditions that it may deem reasonable and appropriate attached to federal financial assistance and imposed pursuant to
federal law relating to the determination of prevailing salaries or wages or compliance with labor standards,in the undertaking
- or carrying outW a redevelopment projects andlo include in any contract let in connection with such a project provisions to
fulfill such federally imposed conditions as it may deem reasonable and appropriate;
(4) Within its area of operation,to purchase,lease,obtain options upon,or acquire by gift,grant,bequest,devise,eminent
domain,or otherwise any real or personal property or any interest therein,together with any improvements thereon,necessary
or incidental to a redevelopment project; to hold, improve,clear,or prepare for redevelopment any such property; to sell,
lease for a term not exceeding ninety-nine years, exchange, transfer, assign, subdivide, retain for its own use, mortgage,
pledge,hypothecate,or otherwise encumber or dispose of any real or personal property or any interest therein;to enter into
contracts with redevelopers of property containing covenants,restrictions,and conditions regarding the use of such property
for residential,commercial,industrial,or recreational purposes or for public purposes in accordance with the redevelopment
plan and such other covenants, restrictions, and conditions as the authority may deem necessary to prevent a recurrence
of substandard and blighted areas or to effectuate the purposes of the Community Development Law; to make any of the
covenants,restrictions,or conditions of the foregoing contracts covenants running with the land and to provide appropriate
remedies for any breach of any such covenants or conditions,including the right in the authority to terminate such contracts
and any interest in the property created pursuant thereto;to borrow money,issue bonds, and provide security for loans or
bonds; to establish a revolving loan fund; to insure or provide for the insurance of any real or personal property or the
operation of the authority against any risks or hazards,including the power to pay premiums on any such insurance;to enter
into any contracts necessary to effectuate the purposes of the Community Development Law;and to provide grants,loans,or
other means of financing to public or private parties in order to accomplish the rehabilitation or redevelopment in accordance
with a redevelopment plan. No statutory provision with respect to the acquisition,clearance,or disposition of property by
other public bodies shall restrict an authority exercising powers hereunder, in such functions, unless the Legislature shall
specifically so state;
€:?, �wi,Y.t ``;i•'tiI 1 ii}€ii` C{ i?.et tw,,. No ciairrt orlf;iinaI U S. C_ ernilE' #
redevelopment
of an area in conformity with a redevelopment plan;
(16) Real property means all lands, including improvements and fixtures thereon, and property of any nature appurtenant
thereto,or used in connection therewith,and every estate,interest and right,legal or equitable,therein,including terms for
years and liens by way of judgment,mortgage,or otherwise,and the indebtedness secured by such liens;
(17)Bonds means any bonds,including refunding bonds,notes,interim certificates,debentures,or other obligations issued
pursuant to the Community Development Law except for bonds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2107.Authority; powers and duties,Neb.Rev.St.§18-2107
(5)To invest any funds held in reserves or sinking funds or any funds not required for immediate disbursement in property
or securities in which savings banks or other banks may legally invest funds subject to their control;and to redeem its bonds
at the redemption price established therein or to purchase its bonds at less than redemption price,and such bonds redeemed
or purchased shall be canceled;
(6) To borrow money and to apply for and accept advances, loans, grants, contributions, and any other form of financial
assistance from the federal government, from the state, county, municipality, or other public body, or from any sources,
public or private, including charitable funds,foundations,corporations,trusts,or bequests, for purposes of the Community
Development Law,to give such security as may be required,and to enter into and carry out contracts in connection therewith;
and notwithstanding any other provision of law,to include in any contract for financial assistance with the federal government
for a redevelopment project such conditions imposed pursuant to federal law as the authority may deem reasonable and
appropriate and which are not inconsistent with the purposes of the Community Development Law;
(7)Acting through one or more members of an authority or other persons designated by the authority,to conduct examinations
and investigations and to hear testimony and take proof under oath at public or private hearings on any matter material
for its information; to administer oaths and to issue commissions for the examination of witnesses who are outside of the
state or unable to attend before the authority or excused from attendance;and to make available to appropriate agencies or
public officials,including those charged with the duty of abating or requiring the correction of nuisances or like conditions,
demolishing unsafe or insanitary structures,or eliminating conditions of blight within its area of operation,its findings and
recommendations with regard to any building or property where conditions exist which are dangerous to the public health,
safety,morals,or welfare;
(8) Within its area of operation, to make or have made all surveys, appraisals, studies, and plans, but not including the
preparation of a general plan for the community,necessary to the carrying out of the purposes of the Community Development
Law and to contract or cooperate with any and all persons or agencies,public or private,in the making and carrying out of
such surveys,appraisals,studies,and plans;
(9)To prepare plans and provide reasonable assistance for the relocation of families,business concerns,and others displaced
from a redevelopment project area to permit the carrying out of the redevelopment project to the extent essential for acquiring
possession of and clearing such area or parts thereof; and to make relocation payments to or with respect to such persons
for moving expenses and losses of property for which reimbursement or compensation is not otherwise made,including the
making of such payments financed by the federal government;
(10)To make such expenditures as may be necessary to carry out the purposes of the Community Development Law; and
to make expenditures from funds obtained from the federal government without regard to any other laws pertaining to the
making and approval of appropriations and expenditures;
(11)To certify on or before September 20 of each year to the governing body of the city the amount of tax to be levied for the
succeeding fiscal year for community redevelopment purposes,not to exceed two and six-tenths cents on each one hundred
dollars upon the taxable value of the taxable property in such city,which levy is subject to allocation under section 77-3443
on and after July 1, 1998.The governing body shall levy and collect the taxes so certified at the same time and in the same
manner as other city taxes are levied and collected,and the proceeds of such taxes,when due and as collected,shall be set
aside and deposited in the special account or accounts in which other revenue of the authority is deposited. Such proceeds
shall be employed to assist in the defraying of any expenses of redevelopment plans and projects,including the payment of
principal and interest on any bonds issued to pay the costs of any such plans and projects;
(12)To exercise all or any part or combination of powers granted in this section;
(13)To plan,undertake,and carry out neighborhood development programs consisting of redevelopment project undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2107.Authority; powers and duties,Neb.Rev.St. §18-2107
increments in accordance with the Community Development Law and sections 18-2145 and 18-2146 for planning and
carrying out redevelopment projects;and
(14)To agree with the governing body of the city for the imposition of an occupation tax for an enhanced employment area.
Credits
Laws 1951,ch. 224, § 5,p. 801;Laws 1957,ch. 52, § 7,p. 253;Laws 1961,ch. 61, § 6,p. 232;Laws 1969,ch. 106, § 3,p.
491; Laws 1979,LB 158, § 3; Laws 1979, LB 187, § 79;Laws 1980,LB 986, § 3; Laws 1985,LB 52, § 1;Laws 1992,LB
1063, § 11;Laws 1992,2nd Sp. Sess.,LB 1, § 11; Laws 1993,LB 734, § 28;Laws 1995,LB 452, § 5;Laws 1997,LB 269,
§20;Laws 1997,LB 875, §7;Laws 2007,LB 562, §3.
Codifications:R.R.S. 1943, § 14-1607;R.R.S. 1943,§ 19-2607.
Neb.Rev. St. § 18-2107,NE ST§ 18-2107
Current through the 101 st Legislature Second Regular Session 2010
End ni"i)ncurra'nt ;>20)1 '1ltorrison Rcuic:rs.No claim to original:.I.S..l.iu.-'rnmcnt Works.
•
,.......:::..,,�{ .:.:.....,,.,..,.w.....:\,.....:.............:.:..,.:.....::.......,,`....:.....:., .,......,.,........:.,....:......,,.,.........,,.:....,,,,..,..,,.,...,.,.:,.....:.,,.,.,..,,.....wry.,..... ;r.,,,..,..-.-.:.....,w...,,..,.H...,....,...:..,,,..,...,.,..,.» ...,..,,.:....,,,,,,,.,.....,,...,
s .... < !:.'Y .. i s 1i!;i;l':os! ou .r:. No -.it`??tc, ° igjnal �.1,... Govern st clr'r!'k< _ 3
hear testimony and take proof under oath at public or private hearings on any matter material
for its information; to administer oaths and to issue commissions for the examination of witnesses who are outside of the
state or unable to attend before the authority or excused from attendance;and to make available to appropriate agencies or
public officials,including those charged with the duty of abating or requiring the correction of nuisances or like conditions,
demolishing unsafe or insanitary structures,or eliminating conditions of blight within its area of operation,its findings and
recommendations with regard to any building or property where conditions exist which are dangerous to the public health,
safety,morals,or welfare;
(8) Within its area of operation, to make or have made all surveys, appraisals, studies, and plans, but not including the
preparation of a general plan for the community,necessary to the carrying out of the purposes of the Community Development
Law and to contract or cooperate with any and all persons or agencies,public or private,in the making and carrying out of
such surveys,appraisals,studies,and plans;
(9)To prepare plans and provide reasonable assistance for the relocation of families,business concerns,and others displaced
from a redevelopment project area to permit the carrying out of the redevelopment project to the extent essential for acquiring
possession of and clearing such area or parts thereof; and to make relocation payments to or with respect to such persons
for moving expenses and losses of property for which reimbursement or compensation is not otherwise made,including the
making of such payments financed by the federal government;
(10)To make such expenditures as may be necessary to carry out the purposes of the Community Development Law; and
to make expenditures from funds obtained from the federal government without regard to any other laws pertaining to the
making and approval of appropriations and expenditures;
(11)To certify on or before September 20 of each year to the governing body of the city the amount of tax to be levied for the
succeeding fiscal year for community redevelopment purposes,not to exceed two and six-tenths cents on each one hundred
dollars upon the taxable value of the taxable property in such city,which levy is subject to allocation under section 77-3443
on and after July 1, 1998.The governing body shall levy and collect the taxes so certified at the same time and in the same
manner as other city taxes are levied and collected,and the proceeds of such taxes,when due and as collected,shall be set
aside and deposited in the special account or accounts in which other revenue of the authority is deposited. Such proceeds
shall be employed to assist in the defraying of any expenses of redevelopment plans and projects,including the payment of
principal and interest on any bonds issued to pay the costs of any such plans and projects;
(12)To exercise all or any part or combination of powers granted in this section;
(13)To plan,undertake,and carry out neighborhood development programs consisting of redevelopment project undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
•
18-2108. Real estate; acquisition; requirement, Neb.Rev.St.§ 18-2108
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2108
18-2108. Real estate;acquisition;requirement
An authority shall not acquire real property for a redevelopment project unless the governing body of the city in which the
redevelopment project area is located has approved the redevelopment plan,as prescribed in section 18-2116.
Credits
Laws 1951,ch.224, §6(1),p.804.
Codifications:R.R.S. 1943, § 14-1608;R.R.S. 1943, § 19-2608.
Neb.Rev.St. § 18-2108,NE ST§ 18-2108
Current through the 101st Legislature Second Regular Session 2010
Ent{of Document 2(1!1 '1110nison Beaters.No clairn to original U.S.Governncnt Works.
•
L....,_..ft?a,..,..,N...:.x...t. 2
0_11 Th
o�.�i..,.�on..�e list..,,._r!ti. No claim cl la im rg al s1.ti Government
Works,
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s .... < !:.'Y .. i s 1i!;i;l':os! ou .r:. No -.it`??tc, ° igjnal �.1,... Govern st clr'r!'k< _ 3
hear testimony and take proof under oath at public or private hearings on any matter material
for its information; to administer oaths and to issue commissions for the examination of witnesses who are outside of the
state or unable to attend before the authority or excused from attendance;and to make available to appropriate agencies or
public officials,including those charged with the duty of abating or requiring the correction of nuisances or like conditions,
demolishing unsafe or insanitary structures,or eliminating conditions of blight within its area of operation,its findings and
recommendations with regard to any building or property where conditions exist which are dangerous to the public health,
safety,morals,or welfare;
(8) Within its area of operation, to make or have made all surveys, appraisals, studies, and plans, but not including the
preparation of a general plan for the community,necessary to the carrying out of the purposes of the Community Development
Law and to contract or cooperate with any and all persons or agencies,public or private,in the making and carrying out of
such surveys,appraisals,studies,and plans;
(9)To prepare plans and provide reasonable assistance for the relocation of families,business concerns,and others displaced
from a redevelopment project area to permit the carrying out of the redevelopment project to the extent essential for acquiring
possession of and clearing such area or parts thereof; and to make relocation payments to or with respect to such persons
for moving expenses and losses of property for which reimbursement or compensation is not otherwise made,including the
making of such payments financed by the federal government;
(10)To make such expenditures as may be necessary to carry out the purposes of the Community Development Law; and
to make expenditures from funds obtained from the federal government without regard to any other laws pertaining to the
making and approval of appropriations and expenditures;
(11)To certify on or before September 20 of each year to the governing body of the city the amount of tax to be levied for the
succeeding fiscal year for community redevelopment purposes,not to exceed two and six-tenths cents on each one hundred
dollars upon the taxable value of the taxable property in such city,which levy is subject to allocation under section 77-3443
on and after July 1, 1998.The governing body shall levy and collect the taxes so certified at the same time and in the same
manner as other city taxes are levied and collected,and the proceeds of such taxes,when due and as collected,shall be set
aside and deposited in the special account or accounts in which other revenue of the authority is deposited. Such proceeds
shall be employed to assist in the defraying of any expenses of redevelopment plans and projects,including the payment of
principal and interest on any bonds issued to pay the costs of any such plans and projects;
(12)To exercise all or any part or combination of powers granted in this section;
(13)To plan,undertake,and carry out neighborhood development programs consisting of redevelopment project undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
' 18-2109. Redevelopment plan; preparation; requirements, Neb.Rev.St.§ 18-2109
West's Revised Statutes of Nebraska Annotated Currentness
• Chapter 18.Cities and Villages; Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2109
18-2109.Redevelopment plan;preparation;requirements
•
An authority shall not prepare a redevelopment plan for a redevelopment project area unless the governing body of the city in
which such area is located has,by resolution adopted after a public hearing with notice provided as specified in section 18-2115,
declared such area to be a substandard and blighted area in need of redevelopment.The governing body of the city shall submit •
the question of whether an area is substandard and blighted to the planning commission or board of the city for its review and
recommendation prior to making its declaration.The planning commission or board shall submit its written recommendations
within thirty days after receipt of the request.Upon receipt of the recommendations or after thirty days if no recommendation
is received,the governing body may make its declaration.
Credits
Laws 1951,ch.224, §6(2),p.805;Laws 1957,ch.52,§8,p.257;Laws 1961,ch.61,§7,p.236;Laws 1997,LB 875,§ 8.
Codifications: R.R.S. 1943, § 14-1609;R.R.S. 1943,§ 19-2609.
Neb.Rev.St. § 18-2109,NE ST§ 18-2109
Current through the 101st Legislature Second Regular Session 2010
t.nd of 1:Dnccmtcn; +.':201 I Thomson Rcnt::rs. NJo i:iaim to oricinal U.S.Gover nnenl Works.
........... ,.,,...(,.:,.'...201,,..,:.'..,..'h...e,.,..ms....o....n....,,F...te,.,.l,.,....,v..,,Yw... N
o ciaim...to.,...,.o,..Mr!g.w,in...,a..,,.{..,(.Ji_S. Government orKs..,.,,,....,,.�..,,.....m,.,,,._ .,,,.,.,.,.... ....,,,. 1.
public officials,including those charged with the duty of abating or requiring the correction of nuisances or like conditions,
demolishing unsafe or insanitary structures,or eliminating conditions of blight within its area of operation,its findings and
recommendations with regard to any building or property where conditions exist which are dangerous to the public health,
safety,morals,or welfare;
(8) Within its area of operation, to make or have made all surveys, appraisals, studies, and plans, but not including the
preparation of a general plan for the community,necessary to the carrying out of the purposes of the Community Development
Law and to contract or cooperate with any and all persons or agencies,public or private,in the making and carrying out of
such surveys,appraisals,studies,and plans;
(9)To prepare plans and provide reasonable assistance for the relocation of families,business concerns,and others displaced
from a redevelopment project area to permit the carrying out of the redevelopment project to the extent essential for acquiring
possession of and clearing such area or parts thereof; and to make relocation payments to or with respect to such persons
for moving expenses and losses of property for which reimbursement or compensation is not otherwise made,including the
making of such payments financed by the federal government;
(10)To make such expenditures as may be necessary to carry out the purposes of the Community Development Law; and
to make expenditures from funds obtained from the federal government without regard to any other laws pertaining to the
making and approval of appropriations and expenditures;
(11)To certify on or before September 20 of each year to the governing body of the city the amount of tax to be levied for the
succeeding fiscal year for community redevelopment purposes,not to exceed two and six-tenths cents on each one hundred
dollars upon the taxable value of the taxable property in such city,which levy is subject to allocation under section 77-3443
on and after July 1, 1998.The governing body shall levy and collect the taxes so certified at the same time and in the same
manner as other city taxes are levied and collected,and the proceeds of such taxes,when due and as collected,shall be set
aside and deposited in the special account or accounts in which other revenue of the authority is deposited. Such proceeds
shall be employed to assist in the defraying of any expenses of redevelopment plans and projects,including the payment of
principal and interest on any bonds issued to pay the costs of any such plans and projects;
(12)To exercise all or any part or combination of powers granted in this section;
(13)To plan,undertake,and carry out neighborhood development programs consisting of redevelopment project undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2110. Plan; recommendation; requirement,Neb.Rev.St.§ 18-2110
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2110
18-2110.Plan;recommendation;requirement
An authority shall not recommend a redevelopment plan to the governing body of the city in which the redevelopment project
area is located until a general plan for the development of the city has been prepared.
Credits
Laws 1951,ch.224,§6(3),p.805.
Codifications: R.R.S. 1943,§ 14-1610;R.R.S. 1943,§ 19-2610.
Neb.Rev.St. § 18-2110,NE ST§ 18-2110
Current through the 101st Legislature Second Regular Session 2010
End of Document -2011 Thomson Rcurcrs.\'o claim to origin:Al U.S.(;ovcmmcnt\Vorkc.
�.. . No claim
<:.{:f -�t;�(�`.. ,:.+ Rt:,E..t-. ., to original .. ..wC'i ii?uf...
18-2111. Plan; who may prepare; contents,Neb.Rev.St.§18-2111
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2;t11
18-2111.Plan;who may prepare;contents
The authority may itself prepare or cause to be prepared a redevelopment plan or any person or agency,public or private,may
submit such a plan to an authority. A redevelopment plan shall be sufficiently complete to indicate its relationship to definite .
local objectives as to appropriate land uses,improved traffic,public transportation,public utilities,recreational and community
facilities and other public improvements,and the proposed land uses and building requirements in the redevelopment project
area,and shall include without being limited to:(1)The boundaries of the redevelopment project area,with a map showing the
existing uses and condition of the real property therein;(2)a land-use plan showing proposed uses of the area;(3)information
showing the standards of population densities, land coverage, and building intensities in the area after redevelopment; (4).a
statement of the proposed changes,if any,in zoning ordinances or maps,street layouts,street levels or grades,or building codes
and ordinances;(5)a site plan of the area;and(6)a statement as to the kind and number of additional public facilities or utilities
which will be required to support the new land uses in the area after redevelopment.Any redevelopment plan may include a
proposal for the designation of an enhanced employment area.
Credits
Laws 1951,ch.224,§6(4),p.805;Laws 2007,LB 562, §4.
Codifications:R.R.S. 19-43,-§.14-1611;_R.R.S. 1943.,-§-1-9 26-11__.- --- -- — - -- -- .
Notes of Decisions(7)
Neb.Rev.St. § 18-2111,NE ST§ 18-2111
Current through the 101st Legislature Second Regular Session 2010
End of F'ticnnieni :r 2p11 'Thomson Rcutcrs.No claim ro original U.S.Govcrnnuan Works.
tl �, 0 t.,...i`ir{1r1,A`VoI i l i( I,'v.cr;;..No claim to or;o na l U.S. Government Works.H. _
where conditions exist which are dangerous to the public health,
safety,morals,or welfare;
(8) Within its area of operation, to make or have made all surveys, appraisals, studies, and plans, but not including the
preparation of a general plan for the community,necessary to the carrying out of the purposes of the Community Development
Law and to contract or cooperate with any and all persons or agencies,public or private,in the making and carrying out of
such surveys,appraisals,studies,and plans;
(9)To prepare plans and provide reasonable assistance for the relocation of families,business concerns,and others displaced
from a redevelopment project area to permit the carrying out of the redevelopment project to the extent essential for acquiring
possession of and clearing such area or parts thereof; and to make relocation payments to or with respect to such persons
for moving expenses and losses of property for which reimbursement or compensation is not otherwise made,including the
making of such payments financed by the federal government;
(10)To make such expenditures as may be necessary to carry out the purposes of the Community Development Law; and
to make expenditures from funds obtained from the federal government without regard to any other laws pertaining to the
making and approval of appropriations and expenditures;
(11)To certify on or before September 20 of each year to the governing body of the city the amount of tax to be levied for the
succeeding fiscal year for community redevelopment purposes,not to exceed two and six-tenths cents on each one hundred
dollars upon the taxable value of the taxable property in such city,which levy is subject to allocation under section 77-3443
on and after July 1, 1998.The governing body shall levy and collect the taxes so certified at the same time and in the same
manner as other city taxes are levied and collected,and the proceeds of such taxes,when due and as collected,shall be set
aside and deposited in the special account or accounts in which other revenue of the authority is deposited. Such proceeds
shall be employed to assist in the defraying of any expenses of redevelopment plans and projects,including the payment of
principal and interest on any bonds issued to pay the costs of any such plans and projects;
(12)To exercise all or any part or combination of powers granted in this section;
(13)To plan,undertake,and carry out neighborhood development programs consisting of redevelopment project undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2112. Plan; submit to planning commission or board;..., Neb.Rev.St.§18-2112
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2112
18-2112. Plan;submit to planning commission or board;recommendations
Prior to recommending a redevelopment plan to the governing body for approval,an authority shall submit such plan to the
• planning commission or board of the city in which the redevelopment project area is located for review and recommendations as
to its conformity with the general plan for the development of the city as a whole.The planning commission or board shall submit
its written recommendations with respect to the proposed redevelopment plan to the authority within thirty days after receipt of
the plan for review.Upon receipt of the recommendations of the planning commission or board or,if no recommendations are
received within such thirty days,then without such recommendations,an authority may recommend the redevelopment plan
to the governing body of the city for approval.
Credits
Laws 1951,ch. 224, §6(5),p.805;Laws 1961,ch.61,§ 8,p.236.
Codifications:R.R.S. 1943, § 14-1612;R.R.S. 1943, § 19-2612.
Neb. Rev.St. § 18-2112,NE ST§ 18-2112
Current through the 101 st Legislature Second Regular Session 2010
[,i'Id OI i),}ctlinvni. ''!201 I Thomson son Rcut.as..N s claim!u original U.S.GUYCrmmnl Works.
•
.w....m..w,.,.»..,,V'...».......,.. " ..,'.,,. 1',.,....,»».w...................»». i.,. .^I.,....,,...=..*..,,....,..,'».w.,,..,i i».,..,».S^,....(.,,..,f .,.}'•»n� �r�.,,.,,.,.........„......m.»..,....,........ ..»,,.,.,.,.»».,........_.»...../�
,Q .. i 3 kf... <.0! 1 io•rY .00 ` ..',, _. i�N{. _..�ii l O o inal t.i... ..;)ve melt J rci:
islature Second Regular Session 2010
End of F'ticnnieni :r 2p11 'Thomson Rcutcrs.No claim ro original U.S.Govcrnnuan Works.
tl �, 0 t.,...i`ir{1r1,A`VoI i l i( I,'v.cr;;..No claim to or;o na l U.S. Government Works.H. _
where conditions exist which are dangerous to the public health,
safety,morals,or welfare;
(8) Within its area of operation, to make or have made all surveys, appraisals, studies, and plans, but not including the
preparation of a general plan for the community,necessary to the carrying out of the purposes of the Community Development
Law and to contract or cooperate with any and all persons or agencies,public or private,in the making and carrying out of
such surveys,appraisals,studies,and plans;
(9)To prepare plans and provide reasonable assistance for the relocation of families,business concerns,and others displaced
from a redevelopment project area to permit the carrying out of the redevelopment project to the extent essential for acquiring
possession of and clearing such area or parts thereof; and to make relocation payments to or with respect to such persons
for moving expenses and losses of property for which reimbursement or compensation is not otherwise made,including the
making of such payments financed by the federal government;
(10)To make such expenditures as may be necessary to carry out the purposes of the Community Development Law; and
to make expenditures from funds obtained from the federal government without regard to any other laws pertaining to the
making and approval of appropriations and expenditures;
(11)To certify on or before September 20 of each year to the governing body of the city the amount of tax to be levied for the
succeeding fiscal year for community redevelopment purposes,not to exceed two and six-tenths cents on each one hundred
dollars upon the taxable value of the taxable property in such city,which levy is subject to allocation under section 77-3443
on and after July 1, 1998.The governing body shall levy and collect the taxes so certified at the same time and in the same
manner as other city taxes are levied and collected,and the proceeds of such taxes,when due and as collected,shall be set
aside and deposited in the special account or accounts in which other revenue of the authority is deposited. Such proceeds
shall be employed to assist in the defraying of any expenses of redevelopment plans and projects,including the payment of
principal and interest on any bonds issued to pay the costs of any such plans and projects;
(12)To exercise all or any part or combination of powers granted in this section;
(13)To plan,undertake,and carry out neighborhood development programs consisting of redevelopment project undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
•
18-2113. Plan; considerations;cost-benefit analysis, Neb.Rev.St.§ 18-2113
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2113
18-2113.Plan;considerations;cost-benefit analysis
(1) Prior to recommending a redevelopment plan to the governing body for approval, an authority shall consider whether
the proposed land uses and building requirements in the redevelopment project area are designed with the general purpose
of accomplishing, in conformance with the general plan, a coordinated, adjusted, and harmonious development of the city
and its environs which will,in accordance with present and future needs,promote health,safety,morals,order,convenience,
prosperity,and the general welfare,as well as efficiency and economy in the process of development,including,among other
things,adequate provision for traffic,vehicular parking,the promotion of safety from fire,panic,and other dangers,adequate
provision for light and air,the promotion of the healthful and convenient distribution of population,the provision of adequate
transportation,water,sewerage,and other public utilities,schools,parks,recreational and community facilities,and other public
requirements, the promotion of sound design and arrangement, the wise and efficient expenditure of public funds, and the
prevention of the recurrence of insanitary or unsafe dwelling accommodations or conditions of blight.
(2)The authority shall conduct a cost-benefit analysis for each redevelopment project whose redevelopment plan includes the
use of funds authorized by section 18-2147.In conducting the cost-benefit analysis,the authority shall use a cost-benefit model
developed for use by local projects. Any cost-benefit model used by the authority shall consider and analyze the following
factors:
(a)Tax shifts resulting from the approval of the use of funds pursuant to section 18-2147;
(b)Public infrastructure and community public service needs impacts and local tax impacts arising from the approval of the
redevelopment project;
(c)Impacts on employers and employees of firms locating or expanding within the boundaries of the area of the redevelopment
project;
(d)Impacts on other employers and employees within the city or village and the immediate area that are located outside of
the boundaries of the area of the redevelopment project;and
(e)Any other impacts determined by the authority to be relevant to the consideration of costs and benefits arising from the
redevelopment project.
Credits
Laws 1951,ch.224, §6(6),p.806;Laws 1957,ch.52,§9,p.257;Laws 1997,LB 875,§9;Laws 1999,LB 774,§ 1.
Codifications: R.R.S. 1943, § 14-1613;R.R.S. 1943, § 19-2613.
Neb.Rev.St. § 18-2113,NE ST§ 18-2113
Current through the 101st Legislature Second Regular Session 2010
Ent;or ilncumco! _Ui I Thomson Rcuicrs.No(lain)to original U.S.(nivelnmcni
0 t,.:.Rei No claim to o i(;inai U.S, Government 1J�;;orks. 1
a .S -�i�.i. 1. i� i..i_... .I
made,including the
making of such payments financed by the federal government;
(10)To make such expenditures as may be necessary to carry out the purposes of the Community Development Law; and
to make expenditures from funds obtained from the federal government without regard to any other laws pertaining to the
making and approval of appropriations and expenditures;
(11)To certify on or before September 20 of each year to the governing body of the city the amount of tax to be levied for the
succeeding fiscal year for community redevelopment purposes,not to exceed two and six-tenths cents on each one hundred
dollars upon the taxable value of the taxable property in such city,which levy is subject to allocation under section 77-3443
on and after July 1, 1998.The governing body shall levy and collect the taxes so certified at the same time and in the same
manner as other city taxes are levied and collected,and the proceeds of such taxes,when due and as collected,shall be set
aside and deposited in the special account or accounts in which other revenue of the authority is deposited. Such proceeds
shall be employed to assist in the defraying of any expenses of redevelopment plans and projects,including the payment of
principal and interest on any bonds issued to pay the costs of any such plans and projects;
(12)To exercise all or any part or combination of powers granted in this section;
(13)To plan,undertake,and carry out neighborhood development programs consisting of redevelopment project undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2114. Plan; recommendations to governing body;...,Neb.Rev.St.§18-2114
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St..§18-2114
18-2114. Plan;recommendations to governing body;statements required
The recommendation of a redevelopment plan by an authority to the governing body shall be accompanied by the
recommendations,if any,of the planning commission or board concerning the redevelopment plan;a statement of the proposed
method and estimated cost of the acquisition and preparation for redevelopment of the redevelopment project area and
the estimated proceeds or revenue from its disposal to redevelopers; a statement of the proposed method of financing the
redevelopment project; and a statement of a feasible method proposed for the relocation of families to be displaced from the
redevelopment project area.
Credits-
Laws 1951,ch.224, §6(7),p.806;Laws 1961,ch.61,§9,p.236.
Codifications:R.R.S. 1943,§ 14-1614;R.R.S. 1943, § 19-2614.
Neb. Rev.St.§ 18-2114,NE ST§ 18-2114
Current through the 101st Legislature Second Regular Session 2010
End or f)ircunncnt C;:Nt l I Thomson ReAders.No Clain)to or ig in:il U.S Government Works.
` u..w,...,,201
i Th
f +t,w..,., No irn :i,original U S. Government.Worn
lic funds, and the
prevention of the recurrence of insanitary or unsafe dwelling accommodations or conditions of blight.
(2)The authority shall conduct a cost-benefit analysis for each redevelopment project whose redevelopment plan includes the
use of funds authorized by section 18-2147.In conducting the cost-benefit analysis,the authority shall use a cost-benefit model
developed for use by local projects. Any cost-benefit model used by the authority shall consider and analyze the following
factors:
(a)Tax shifts resulting from the approval of the use of funds pursuant to section 18-2147;
(b)Public infrastructure and community public service needs impacts and local tax impacts arising from the approval of the
redevelopment project;
(c)Impacts on employers and employees of firms locating or expanding within the boundaries of the area of the redevelopment
project;
(d)Impacts on other employers and employees within the city or village and the immediate area that are located outside of
the boundaries of the area of the redevelopment project;and
(e)Any other impacts determined by the authority to be relevant to the consideration of costs and benefits arising from the
redevelopment project.
Credits
Laws 1951,ch.224, §6(6),p.806;Laws 1957,ch.52,§9,p.257;Laws 1997,LB 875,§9;Laws 1999,LB 774,§ 1.
Codifications: R.R.S. 1943, § 14-1613;R.R.S. 1943, § 19-2613.
Neb.Rev.St. § 18-2113,NE ST§ 18-2113
Current through the 101st Legislature Second Regular Session 2010
Ent;or ilncumco! _Ui I Thomson Rcuicrs.No(lain)to original U.S.(nivelnmcni
0 t,.:.Rei No claim to o i(;inai U.S, Government 1J�;;orks. 1
a .S -�i�.i. 1. i� i..i_... .I
made,including the
making of such payments financed by the federal government;
(10)To make such expenditures as may be necessary to carry out the purposes of the Community Development Law; and
to make expenditures from funds obtained from the federal government without regard to any other laws pertaining to the
making and approval of appropriations and expenditures;
(11)To certify on or before September 20 of each year to the governing body of the city the amount of tax to be levied for the
succeeding fiscal year for community redevelopment purposes,not to exceed two and six-tenths cents on each one hundred
dollars upon the taxable value of the taxable property in such city,which levy is subject to allocation under section 77-3443
on and after July 1, 1998.The governing body shall levy and collect the taxes so certified at the same time and in the same
manner as other city taxes are levied and collected,and the proceeds of such taxes,when due and as collected,shall be set
aside and deposited in the special account or accounts in which other revenue of the authority is deposited. Such proceeds
shall be employed to assist in the defraying of any expenses of redevelopment plans and projects,including the payment of
principal and interest on any bonds issued to pay the costs of any such plans and projects;
(12)To exercise all or any part or combination of powers granted in this section;
(13)To plan,undertake,and carry out neighborhood development programs consisting of redevelopment project undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2115. Plan;public hearing; notice, Neb.Rev.St.§ 18-2115
•
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2115
18-2115.Plan;public hearing; notice
(1)The governing body of the city shall hold a public hearing on any redevelopment plan or substantial modification thereof
.recommended by the authority,after reasonable public notice thereof by publication at least once a week for two consecutive
weeks in a legal newspaper of general circulation in the community, the time of the hearing to be at least ten days from the
last publication. The notice shall describe the time,date,place,and purpose of the hearing and shall specifically identify the
area to be redeveloped under the plan.All interested parties shall be afforded at such public hearing a reasonable opportunity
to express their views respecting the proposed redevelopment plan.
•
(2) Except as provided in subsection (3)of this section, the governing body of the city or such other division of the city or
person as the governing body shall designate shall, at least ten days prior to the public hearing required by subsection(1)of
this section,mail notice of the hearing by first-class United States mail,postage prepaid, or by certified mail to all registered
-neighborhood associations whose area of representation is located in whole or in part within a one-mile radius of the area to
be redeveloped and to the president or chairperson of the governing body of each county, school district,community college,
educational service unit,and natural resources district in which the real property subject to such plan or major modification is
located and whose property tax receipts would be directly affected.The notice shall set out the time,date,place,and purpose
of the hearing and shall include a map of sufficient size to show the area to be redeveloped.
p g .. redevelopment
(3) If the planning board or planning_commission.-of-the city-will-conduct a ui�lic heariri on the redevelo ment plan or
substantial modification thereof,the governing body of the city or such other division of the city or person as the governing
body shall designate shall,at least ten days prior to the public hearing,mail notice of the hearing by first-class United States
mail,postage prepaid,or by certified mail to all registered neighborhood associations whose area of representation is located
in whole or in part within a one-mile radius of the area to be redeveloped and to the president or chairperson of the governing
body of each county, school district,community college,educational service unit, and natural resources district in which the
real property subject to such plan or major modification is located and whose property tax receipts would be directly affected.
The notice shall set out the time,date,place,and purpose of the hearing and shall include a map of sufficient size to show the
area to be redeveloped.If the registered neighborhood association has been given notice of the public hearing to be held by the
planning board or planning commission in conformity with the provisions of this subsection,the governing body or its designee
shall not be required to comply with the notice requirements of subsection(2)of this section.
(4)Each neighborhood association desiring to receive notice of any hearing as provided in this section shall register with the
city's planning department or,if there is no planning department,with the city clerk.The registration shall include a description
of the area of representation of the association and the name and address of the individual designated by the association to receive
the notice on its behalf.Registration of the neighborhood association for the purposes of this section shall be accomplished in
accordance with such other rules and regulations as may be adopted and promulgated by the city.
Credits
Laws 1951,ch.224, §6(8),p. 807;Laws 1957,ch.52,§ 10,p.258;Laws 1995,LB 140, § 1;Laws 1997,LB 875, § 10.
Codifications:R.R.S. 1943, § 14-1615;R.R.S. 1943, § 19-2615.
iclui- to 01'ioinai l.) S. G ov-!rri Pont Works. 1
all be employed to assist in the defraying of any expenses of redevelopment plans and projects,including the payment of
principal and interest on any bonds issued to pay the costs of any such plans and projects;
(12)To exercise all or any part or combination of powers granted in this section;
(13)To plan,undertake,and carry out neighborhood development programs consisting of redevelopment project undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
`
18-2115. Plan; public hearing; notice, NehRev.St.818-211s
Nob.Rev.St. Q 18'2115.N88T§ 18-2115
Current through the }O1ot Legislature Second Regular Session 2Ul0
c",/^ 2v//`nmnw"u,u.ox,wv,/o/m*"riu"uuaov,unmu^Works.
�
`
�
�
�
'
-mkn N�xF T' toongino! U.SGovernmen1VYo�s, 2
-
f the city has been prepared.
Credits
Laws 1951,ch.224,§6(3),p.805.
Codifications: R.R.S. 1943,§ 14-1610;R.R.S. 1943,§ 19-2610.
Neb.Rev.St. § 18-2110,NE ST§ 18-2110
Current through the 101st Legislature Second Regular Session 2010
End of Document -2011 Thomson Rcurcrs.\'o claim to origin:Al U.S.(;ovcmmcnt\Vorkc.
�.. . No claim
<:.{:f -�t;�(�`.. ,:.+ Rt:,E..t-. ., to original .. ..wC'i ii?uf...
18-2116. Plan; approval; findings,Neb.Rev.St.§ 18-2116
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages; Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2116
18-2116. Plan;approval;findings
(1)Following such hearing,the governing body may approve a redevelopment plan if(a)it finds that the plan is feasible and
in conformity with the general plan for the development of the city as a whole and the plan is in conformity with the legislative
declarations and determinations set forth in the Community Development Law and (b) it finds that, if the plan uses funds
authorized in section 18-2147, (i)the redevelopment project in the plan would not be economically feasible without the use
of tax-increment financing,(ii)the redevelopment project would not occur in the community redevelopment area without the
use of tax-increment financing,and (iii)the costs and benefits of the redevelopment project, including costs and benefits to
other affected political subdivisions,the economy of the community,and the demand for public and private services have been
analyzed by the governing body and have been found to be in the long-term best interest of the community impacted by the
redevelopment project.
(2) In connection with the approval of any redevelopment plan which includes the designation of an enhanced employment
area,the governing body may approve the redevelopment plan if it determines that any new investment within such enhanced
employment area will result in at least(a)two new employees and new investment of one hundred twenty-five thousand dollars
in counties with fewer than fifteen thousand inhabitants, (b) five new employees and new investment of two hundred fifty
thousand dollars in counties with at least fifteen thousand inhabitants but fewer than twenty-five thousand inhabitants,(c)ten
new employees and new investment of five hundred thousand dollars in counties with of least twenty-five thousand inhabitants
but fewer than fifty thousand inhabitants, (d) fifteen new employees and new investment of one million dollars in counties
with at least fifty thousand inhabitants but fewer than one hundred thousand inhabitants,(e)twenty new employees and new
investment of one million five hundred thousand dollars in counties with at least one hundred thousand inhabitants but fewer
than two hundred thousand inhabitants,(f)twenty-five new employees and new investment of two million dollars in counties
with at least two hundred thousand inhabitants but fewer than four hundred thousand inhabitants,or(g)thirty new employees and
new investment of three million dollars in counties with at least four hundred thousand inhabitants.Any business that has one
hundred thirty-five thousand square feet or more and annual gross sales often million dollars or more shall provide an employer-
provided health benefit of at least three thousand dollars annually to all new employees who are working thirty hours per week
or more on average and have been employed at least six months.In making such determination,the governing body may rely
upon written undertakings provided by any redeveloper in connection with application for approval of the redevelopment plan.
Credits
Laws 1951,ch.224, §6(9),p.807;Laws 1957,ch.52,§ 11,p.258;Laws 1997,LB 875, § 11;Laws 2007,LB 562, §5.
Codifications:R.R.S. 1943, § 14-1616;R.R.S. 1943, § 19-2616.
Neb.Rev.St. § 18-2116,NE ST§ 18-2116
Current through the 101st Legislature Second Regular Session 2010
t',r cl of i)c srurncnt 7(11 I 'f'horoson Reuters.No claim to original U S.Goy crnmcnr\Vorl< .
)0 E I !;?4?rr' ;:{?u11 i' No i:ieltn 1Ci on ii Fi; U.SG 'rtlmeili Vnil iii. .i
the individual designated by the association to receive
the notice on its behalf.Registration of the neighborhood association for the purposes of this section shall be accomplished in
accordance with such other rules and regulations as may be adopted and promulgated by the city.
Credits
Laws 1951,ch.224, §6(8),p. 807;Laws 1957,ch.52,§ 10,p.258;Laws 1995,LB 140, § 1;Laws 1997,LB 875, § 10.
Codifications:R.R.S. 1943, § 14-1615;R.R.S. 1943, § 19-2615.
iclui- to 01'ioinai l.) S. G ov-!rri Pont Works. 1
all be employed to assist in the defraying of any expenses of redevelopment plans and projects,including the payment of
principal and interest on any bonds issued to pay the costs of any such plans and projects;
(12)To exercise all or any part or combination of powers granted in this section;
(13)To plan,undertake,and carry out neighborhood development programs consisting of redevelopment project undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2117. Plan; modification; conditions,Neb.Rev.St.§18-2117
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§ 18-2117
18-2117.Plan;modification;conditions
A redevelopment plan which has not been approved by the governing body when recommended by the authority may again
be recommended to it with any modifications deemed advisable. A redevelopment plan may be modified at any time by the
authority;Provided,that if modified after the lease or sale of real property in the redevelopment project area,the modification
must be consented to by the redeveloper or redevelopers of such real property or his successor,or their successors,in interest
affected by the proposed modification. Where the proposed modification will substantially change the redevelopment plan as
previously approved by the governing body the modification must similarly be approved by the governing body.
•
Credits
Laws 1951,ch.224, §6(10),p. 807.
Codifications: R.R.S. 1943, § 14-1617;R.R.S. 1943, § 19-2617.
Notes of Decisions(3)
Neb.Rev.St. § 18-2117,NE ST§ 18-2117
.
Current through the 101st Legislature Second Regular Session 2010
End or oncumcnt :011'1'lunnson Rcuicrs.No claim io original U.S iov:anmcnt Works.
•
.,_,,.,,.,.,.,....,...,m,...,,..Siti N.�Xt....,.,.,,....�;.. i'c,r...,..�,.c.,..'M,...,.u..,........m...,...(,,�..: •
:..�,2Ia,.`trli...,, ,..�o..,ir...g...in..,,eti U.S. Government
overnre nt ts o,..r s..,.,...,.m,,....�,....wM�,�.,.,....�.,..,.....,....w.mw.w....w-.........,.,,,...
1
b) five new employees and new investment of two hundred fifty
thousand dollars in counties with at least fifteen thousand inhabitants but fewer than twenty-five thousand inhabitants,(c)ten
new employees and new investment of five hundred thousand dollars in counties with of least twenty-five thousand inhabitants
but fewer than fifty thousand inhabitants, (d) fifteen new employees and new investment of one million dollars in counties
with at least fifty thousand inhabitants but fewer than one hundred thousand inhabitants,(e)twenty new employees and new
investment of one million five hundred thousand dollars in counties with at least one hundred thousand inhabitants but fewer
than two hundred thousand inhabitants,(f)twenty-five new employees and new investment of two million dollars in counties
with at least two hundred thousand inhabitants but fewer than four hundred thousand inhabitants,or(g)thirty new employees and
new investment of three million dollars in counties with at least four hundred thousand inhabitants.Any business that has one
hundred thirty-five thousand square feet or more and annual gross sales often million dollars or more shall provide an employer-
provided health benefit of at least three thousand dollars annually to all new employees who are working thirty hours per week
or more on average and have been employed at least six months.In making such determination,the governing body may rely
upon written undertakings provided by any redeveloper in connection with application for approval of the redevelopment plan.
Credits
Laws 1951,ch.224, §6(9),p.807;Laws 1957,ch.52,§ 11,p.258;Laws 1997,LB 875, § 11;Laws 2007,LB 562, §5.
Codifications:R.R.S. 1943, § 14-1616;R.R.S. 1943, § 19-2616.
Neb.Rev.St. § 18-2116,NE ST§ 18-2116
Current through the 101st Legislature Second Regular Session 2010
t',r cl of i)c srurncnt 7(11 I 'f'horoson Reuters.No claim to original U S.Goy crnmcnr\Vorl< .
)0 E I !;?4?rr' ;:{?u11 i' No i:ieltn 1Ci on ii Fi; U.SG 'rtlmeili Vnil iii. .i
the individual designated by the association to receive
the notice on its behalf.Registration of the neighborhood association for the purposes of this section shall be accomplished in
accordance with such other rules and regulations as may be adopted and promulgated by the city.
Credits
Laws 1951,ch.224, §6(8),p. 807;Laws 1957,ch.52,§ 10,p.258;Laws 1995,LB 140, § 1;Laws 1997,LB 875, § 10.
Codifications:R.R.S. 1943, § 14-1615;R.R.S. 1943, § 19-2615.
iclui- to 01'ioinai l.) S. G ov-!rri Pont Works. 1
all be employed to assist in the defraying of any expenses of redevelopment plans and projects,including the payment of
principal and interest on any bonds issued to pay the costs of any such plans and projects;
(12)To exercise all or any part or combination of powers granted in this section;
(13)To plan,undertake,and carry out neighborhood development programs consisting of redevelopment project undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
•
18-2117.01. Plan; report to Property Tax Administrator;...,Neb.Rev.St.§...
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§ 18-2117.oi
18-2117.01.Plan; report to Property Tax Administrator;contents;compilation of data
•
(1)On or before December 1 each year,each city which has approved one or more redevelopment plans which are financed in
whole or in part through the use of tax-increment financing as provided in section 18-2147 shall provide a report to the Property
Tax Administrator on each such redevelopment plan which includes the following information:
(a) A copy of the redevelopment plan and any amendments thereto if they have not been previously filed, including the
date upon which the redevelopment plan was approved, the effective date for dividing the ad valorem tax as provided to
the county assessor pursuant to subsection (3) of section 18-2147, and the location and boundaries of the property in the
redevelopment project;and
(b)A short narrative description of the type of development undertaken by the city or village with the financing and the type
of business or commercial activity locating within the redevelopment project area as a result of the redevelopment project.
(2) The Property Tax Administrator shall compile a report for each active redevelopment project, based upon'information
provided by the cities pursuant to subsection (1) of this section and information reported by the county assessor or county
clerk on the certificate of taxes levied pursuant to section 77-1613.01. Each report shall be transmitted to the Clerk of the
Legislature not.later than March_1 each year.The report may.include any recommendations of the.Property Tax_Administrator_ . _ . ._
as to what other information should be included in the report from the cities so as to facilitate analysis of the uses,purposes,and
effectiveness of tax-increment financing and the process for its implementation or to streamline the reporting process provided
for in this section to eliminate unnecessary paperwork..
Credits
Laws 1997,LB 875,§ 12;Laws 1999,LB 774,§2;Laws 2006,LB 808, § 1.
Neb.Rev.St. § 18-2117.01,NE ST§ 18-2117.01
Current through the 101st Legislature Second Regular Session 2010
End of Doci 'ent 2..01 I Thomson 12cutcrs.Nro claim to original U.S.(iovcrnmcnt Works.
20 i 1 i 11011:1S .-17 l:(3 ;. "S. N::i ° ig n.aI Li, . GOVern nt`:Noll<s 1
itants,or(g)thirty new employees and
new investment of three million dollars in counties with at least four hundred thousand inhabitants.Any business that has one
hundred thirty-five thousand square feet or more and annual gross sales often million dollars or more shall provide an employer-
provided health benefit of at least three thousand dollars annually to all new employees who are working thirty hours per week
or more on average and have been employed at least six months.In making such determination,the governing body may rely
upon written undertakings provided by any redeveloper in connection with application for approval of the redevelopment plan.
Credits
Laws 1951,ch.224, §6(9),p.807;Laws 1957,ch.52,§ 11,p.258;Laws 1997,LB 875, § 11;Laws 2007,LB 562, §5.
Codifications:R.R.S. 1943, § 14-1616;R.R.S. 1943, § 19-2616.
Neb.Rev.St. § 18-2116,NE ST§ 18-2116
Current through the 101st Legislature Second Regular Session 2010
t',r cl of i)c srurncnt 7(11 I 'f'horoson Reuters.No claim to original U S.Goy crnmcnr\Vorl< .
)0 E I !;?4?rr' ;:{?u11 i' No i:ieltn 1Ci on ii Fi; U.SG 'rtlmeili Vnil iii. .i
the individual designated by the association to receive
the notice on its behalf.Registration of the neighborhood association for the purposes of this section shall be accomplished in
accordance with such other rules and regulations as may be adopted and promulgated by the city.
Credits
Laws 1951,ch.224, §6(8),p. 807;Laws 1957,ch.52,§ 10,p.258;Laws 1995,LB 140, § 1;Laws 1997,LB 875, § 10.
Codifications:R.R.S. 1943, § 14-1615;R.R.S. 1943, § 19-2615.
iclui- to 01'ioinai l.) S. G ov-!rri Pont Works. 1
all be employed to assist in the defraying of any expenses of redevelopment plans and projects,including the payment of
principal and interest on any bonds issued to pay the costs of any such plans and projects;
(12)To exercise all or any part or combination of powers granted in this section;
(13)To plan,undertake,and carry out neighborhood development programs consisting of redevelopment project undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
Ili
•
18-2118. Real estate; sell; lease;transfer;terms, Neb.Rev.St.§18-2118
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2118
18-2118. Real estate;sell;lease;transfer;terms
An authority may sell, lease for a term not exceeding ninety-nine years,exchange,or otherwise transfer real property or any
interest therein in a redevelopment project area to any redeveloper for residential,recreational,commercial,industrial,or other
uses,including parking or other facilities functionally related or subordinate to such uses,or for public use in accordance with
the redevelopment plan, subject to such covenants, conditions, and restrictions as it may deem to be in the public interest
or to carry out the purposes of the Community Development Law. Such real property shall be sold, leased,or transferred at
its fair value for uses in accordance with the redevelopment plan. In determining the fair value of real property for uses in
accordance with the redevelopment plan,an authority shall take into account and give consideration to the uses and purposes
required by such plan;the restrictions upon,and the covenants,conditions,and obligations assumed by the redeveloper of such
property;the objectives of the redevelopment plan for the prevention of the recurrence of substandard and blighted areas;and
such other matters as the authority shall specify as being appropriate.In fixing rentals and selling prices,an authority shall give
consideration to appraisals of the property for such uses made by land experts employed by the authority.
Credits
Laws 1951, ch. 224, § 7(1),p. 808; Laws 1957, ch. 52, § 12, p. 258; Laws 1961, ch. 61, § 10,p. 237; Laws 1979, LB 158,
§4;Laws 1997,LB 875,§ 13.
Codifications:R.R.S. 1943,§ 14-1618;R.R.S. 1943,§ 19-2618.
Neb.Rev.St. § 18-2118,NE ST§ 18-2118
Current through the 101st Legislature Second Regular Session 2010
End of Document 201 1 Thomson r2cutcrs.No claim to oris>_;n:;1 1.i.S.(.overnmcnt\\>rh,.
•
J�. l F <hlext .. .t i I I uomsGrl Routers. No claim to original LS. Government`t .r k...
LB 774,§2;Laws 2006,LB 808, § 1.
Neb.Rev.St. § 18-2117.01,NE ST§ 18-2117.01
Current through the 101st Legislature Second Regular Session 2010
End of Doci 'ent 2..01 I Thomson 12cutcrs.Nro claim to original U.S.(iovcrnmcnt Works.
20 i 1 i 11011:1S .-17 l:(3 ;. "S. N::i ° ig n.aI Li, . GOVern nt`:Noll<s 1
itants,or(g)thirty new employees and
new investment of three million dollars in counties with at least four hundred thousand inhabitants.Any business that has one
hundred thirty-five thousand square feet or more and annual gross sales often million dollars or more shall provide an employer-
provided health benefit of at least three thousand dollars annually to all new employees who are working thirty hours per week
or more on average and have been employed at least six months.In making such determination,the governing body may rely
upon written undertakings provided by any redeveloper in connection with application for approval of the redevelopment plan.
Credits
Laws 1951,ch.224, §6(9),p.807;Laws 1957,ch.52,§ 11,p.258;Laws 1997,LB 875, § 11;Laws 2007,LB 562, §5.
Codifications:R.R.S. 1943, § 14-1616;R.R.S. 1943, § 19-2616.
Neb.Rev.St. § 18-2116,NE ST§ 18-2116
Current through the 101st Legislature Second Regular Session 2010
t',r cl of i)c srurncnt 7(11 I 'f'horoson Reuters.No claim to original U S.Goy crnmcnr\Vorl< .
)0 E I !;?4?rr' ;:{?u11 i' No i:ieltn 1Ci on ii Fi; U.SG 'rtlmeili Vnil iii. .i
the individual designated by the association to receive
the notice on its behalf.Registration of the neighborhood association for the purposes of this section shall be accomplished in
accordance with such other rules and regulations as may be adopted and promulgated by the city.
Credits
Laws 1951,ch.224, §6(8),p. 807;Laws 1957,ch.52,§ 10,p.258;Laws 1995,LB 140, § 1;Laws 1997,LB 875, § 10.
Codifications:R.R.S. 1943, § 14-1615;R.R.S. 1943, § 19-2615.
iclui- to 01'ioinai l.) S. G ov-!rri Pont Works. 1
all be employed to assist in the defraying of any expenses of redevelopment plans and projects,including the payment of
principal and interest on any bonds issued to pay the costs of any such plans and projects;
(12)To exercise all or any part or combination of powers granted in this section;
(13)To plan,undertake,and carry out neighborhood development programs consisting of redevelopment project undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2119. Redevelopment contract proposal; notice;...,Neb.Rev.St.§18-2119
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21. Community Development
Neb.Rev.St. §18-2119
18-2119.Redevelopment contract proposal;notice;considerations;acceptance;disposal of real
property; contract relating to real estate within an enhanced employment area; recordation
(1)An authority shall,by public notice by publication once each week for two consecutive weeks in a legal newspaper having
a general circulation in the city,prior to the consideration of any redevelopment contract proposal relating to real estate owned
or to be owned by the authority,invite proposals from,and make available all pertinent information to,private redevelopers or
any persons interested in undertaking the redevelopment of an area,or any part thereof,which the governing body has declared
to be in need of redevelopment. Such notice shall identify the area,and shall state that such further information as is available
may be obtained at the office of the authority. The authority shall consider all redevelopment proposals and the financial and
legal ability of the prospective redevelopers to carry out their proposals and may negotiate with any redevelopers for proposals
for the purchase or lease of any real property in the redevelopment project area.The authority may accept such redevelopment
contract proposal as it deems to be in the public interest and in furtherance of the purposes of the Community Development
Law if the authority has,not less than thirty days prior thereto,notified the governing body in writing of its intention to accept
such redevelopment contract proposal.Thereafter,the authority may execute such redevelopment contract in accordance with
the provisions of section 18-2118 and deliver deeds,leases,and other instruments and take all steps necessary to effectuate such
redevelopment contract.In its discretion,the authority may,without regard to the foregoing provisions of this section,dispose
of real property in a redevelopment project area to private redevelopers for redevelopment under such reasonable competitive
bidding procedures as it shall prescribe,subject to the provisions of section 18-211.8.. _ __._
(2)In the case of any real estate owned by a redeveloper,the authority may enter into a redevelopment contract providing for
such undertakings as the authority shall determine appropriate.Any such redevelopment contract relating to real estate within
an enhanced employment area shall include a statement of the redeveloper's consent with respect to the designation of the area
as an enhanced employment area,shall be recorded with respect to the real estate owned by the redeveloper,and shall be binding
upon all future owners of such real estate.
Credits
Laws 1951,ch.224, §7(2),p. 809;Laws 2007,LB 562, §6.
Codifications:R.R.S. 1943,§ 14-1619;R.R.S. 1943, § 19-2619.
Neb.Rev. St. § 18-2119,NE ST§ 18-2119
Current through the 101st Legislature Second Regular Session 2010
t:nd of Docomcnt
2U1 I 'Thomson RcWcr.No claim to original LJ.S.Govcrnnicnr\V
OrkS
?u. r.'0 1 1 ii YT1 :or Rout(::rs No claim r fto to..
oiL+li"I i !J S, GovernmentWorks.
07,LB 562, §5.
Codifications:R.R.S. 1943, § 14-1616;R.R.S. 1943, § 19-2616.
Neb.Rev.St. § 18-2116,NE ST§ 18-2116
Current through the 101st Legislature Second Regular Session 2010
t',r cl of i)c srurncnt 7(11 I 'f'horoson Reuters.No claim to original U S.Goy crnmcnr\Vorl< .
)0 E I !;?4?rr' ;:{?u11 i' No i:ieltn 1Ci on ii Fi; U.SG 'rtlmeili Vnil iii. .i
the individual designated by the association to receive
the notice on its behalf.Registration of the neighborhood association for the purposes of this section shall be accomplished in
accordance with such other rules and regulations as may be adopted and promulgated by the city.
Credits
Laws 1951,ch.224, §6(8),p. 807;Laws 1957,ch.52,§ 10,p.258;Laws 1995,LB 140, § 1;Laws 1997,LB 875, § 10.
Codifications:R.R.S. 1943, § 14-1615;R.R.S. 1943, § 19-2615.
iclui- to 01'ioinai l.) S. G ov-!rri Pont Works. 1
all be employed to assist in the defraying of any expenses of redevelopment plans and projects,including the payment of
principal and interest on any bonds issued to pay the costs of any such plans and projects;
(12)To exercise all or any part or combination of powers granted in this section;
(13)To plan,undertake,and carry out neighborhood development programs consisting of redevelopment project undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
•
18-2120. Project; conveyance of property for public use,Neb.Rev.St.§ 18-2120
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-212o
18-2120. Project;conveyance of property for public use
In carrying out a redevelopment project, an authority may: (1)Convey to the city in which the project is located, such real
property as, in accordance with the redevelopment plan, is to be laid out into streets, alleys, and public ways; (2) grant
servitudes, easements, and rights-of-way, for public utilities, sewers, streets, and other similar facilities, in accordance with
the redevelopment plan;and(3)convey to the municipality,county,or other appropriate public body,such real property as,in
accordance with the redevelopment plan,is to be used for parks,schools,public buildings,facilities,or other public purposes.
Credits
Laws 1951,ch.224, §7(3),p. 809.
Codifications:R.R.S. 1943,§ 14-1620;R.R.S. 1943,§ 19-2620.
Neb.Rev.St. § 18-2120,NE ST§ 18-2120
Current through the 101st Legislature Second Regular Session 2010
l:ntl ot''.t(t ument !; 30I I Thomson Rcuicm.No claim to original U.S.(3ovcrmncnt Works.
•
•
�..I •-- s N, I °o e
s§...?..i..k -.��'.'p.a ._t;i i l'1C?i}15'� i_ �;f..ti(;�,.7. 11;.' �.�2:fti. it.t C)t'E4�ii'1 ,� ��.t�. �. \. t 1 i. A ort.:.
roposal as it deems to be in the public interest and in furtherance of the purposes of the Community Development
Law if the authority has,not less than thirty days prior thereto,notified the governing body in writing of its intention to accept
such redevelopment contract proposal.Thereafter,the authority may execute such redevelopment contract in accordance with
the provisions of section 18-2118 and deliver deeds,leases,and other instruments and take all steps necessary to effectuate such
redevelopment contract.In its discretion,the authority may,without regard to the foregoing provisions of this section,dispose
of real property in a redevelopment project area to private redevelopers for redevelopment under such reasonable competitive
bidding procedures as it shall prescribe,subject to the provisions of section 18-211.8.. _ __._
(2)In the case of any real estate owned by a redeveloper,the authority may enter into a redevelopment contract providing for
such undertakings as the authority shall determine appropriate.Any such redevelopment contract relating to real estate within
an enhanced employment area shall include a statement of the redeveloper's consent with respect to the designation of the area
as an enhanced employment area,shall be recorded with respect to the real estate owned by the redeveloper,and shall be binding
upon all future owners of such real estate.
Credits
Laws 1951,ch.224, §7(2),p. 809;Laws 2007,LB 562, §6.
Codifications:R.R.S. 1943,§ 14-1619;R.R.S. 1943, § 19-2619.
Neb.Rev. St. § 18-2119,NE ST§ 18-2119
Current through the 101st Legislature Second Regular Session 2010
t:nd of Docomcnt
2U1 I 'Thomson RcWcr.No claim to original LJ.S.Govcrnnicnr\V
OrkS
?u. r.'0 1 1 ii YT1 :or Rout(::rs No claim r fto to..
oiL+li"I i !J S, GovernmentWorks.
07,LB 562, §5.
Codifications:R.R.S. 1943, § 14-1616;R.R.S. 1943, § 19-2616.
Neb.Rev.St. § 18-2116,NE ST§ 18-2116
Current through the 101st Legislature Second Regular Session 2010
t',r cl of i)c srurncnt 7(11 I 'f'horoson Reuters.No claim to original U S.Goy crnmcnr\Vorl< .
)0 E I !;?4?rr' ;:{?u11 i' No i:ieltn 1Ci on ii Fi; U.SG 'rtlmeili Vnil iii. .i
the individual designated by the association to receive
the notice on its behalf.Registration of the neighborhood association for the purposes of this section shall be accomplished in
accordance with such other rules and regulations as may be adopted and promulgated by the city.
Credits
Laws 1951,ch.224, §6(8),p. 807;Laws 1957,ch.52,§ 10,p.258;Laws 1995,LB 140, § 1;Laws 1997,LB 875, § 10.
Codifications:R.R.S. 1943, § 14-1615;R.R.S. 1943, § 19-2615.
iclui- to 01'ioinai l.) S. G ov-!rri Pont Works. 1
all be employed to assist in the defraying of any expenses of redevelopment plans and projects,including the payment of
principal and interest on any bonds issued to pay the costs of any such plans and projects;
(12)To exercise all or any part or combination of powers granted in this section;
(13)To plan,undertake,and carry out neighborhood development programs consisting of redevelopment project undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2121. Real property;temporary operation,when,Neb.Rev.St.§18-2121
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2121
18-2121. Real property;temporary operation,when
An authority may temporarily operate and maintain real property in a redevelopment project area pending the disposition of the
property for redevelopment,without regard to the provisions of sections 18-2118 and 18-2119, for such uses and purposes as
may be deemed desirable even though not in conformity with the redevelopment plan.
Credits
Laws 1951,ch.224,§7(4),p.810.
Codifications:R.R.S. 1943,§ 14-1621;R.R.S. 1943, § 19-2621.
Neb.Rev.St. § 18-2121,NE ST§ 18-2121
Current through the 101st Legislature Second Regular Session 2010
End of Document 2t)i I Thomson Reuters.No claim io original U.S.Government Works.
I`)c)I1oion 1-outer' Norum ooriginal ! S. . works, i
i. (;��. Tf, �_, _. Government(�F',ili ir.C3i k r`.
18-2120
Current through the 101st Legislature Second Regular Session 2010
l:ntl ot''.t(t ument !; 30I I Thomson Rcuicm.No claim to original U.S.(3ovcrmncnt Works.
•
•
�..I •-- s N, I °o e
s§...?..i..k -.��'.'p.a ._t;i i l'1C?i}15'� i_ �;f..ti(;�,.7. 11;.' �.�2:fti. it.t C)t'E4�ii'1 ,� ��.t�. �. \. t 1 i. A ort.:.
roposal as it deems to be in the public interest and in furtherance of the purposes of the Community Development
Law if the authority has,not less than thirty days prior thereto,notified the governing body in writing of its intention to accept
such redevelopment contract proposal.Thereafter,the authority may execute such redevelopment contract in accordance with
the provisions of section 18-2118 and deliver deeds,leases,and other instruments and take all steps necessary to effectuate such
redevelopment contract.In its discretion,the authority may,without regard to the foregoing provisions of this section,dispose
of real property in a redevelopment project area to private redevelopers for redevelopment under such reasonable competitive
bidding procedures as it shall prescribe,subject to the provisions of section 18-211.8.. _ __._
(2)In the case of any real estate owned by a redeveloper,the authority may enter into a redevelopment contract providing for
such undertakings as the authority shall determine appropriate.Any such redevelopment contract relating to real estate within
an enhanced employment area shall include a statement of the redeveloper's consent with respect to the designation of the area
as an enhanced employment area,shall be recorded with respect to the real estate owned by the redeveloper,and shall be binding
upon all future owners of such real estate.
Credits
Laws 1951,ch.224, §7(2),p. 809;Laws 2007,LB 562, §6.
Codifications:R.R.S. 1943,§ 14-1619;R.R.S. 1943, § 19-2619.
Neb.Rev. St. § 18-2119,NE ST§ 18-2119
Current through the 101st Legislature Second Regular Session 2010
t:nd of Docomcnt
2U1 I 'Thomson RcWcr.No claim to original LJ.S.Govcrnnicnr\V
OrkS
?u. r.'0 1 1 ii YT1 :or Rout(::rs No claim r fto to..
oiL+li"I i !J S, GovernmentWorks.
07,LB 562, §5.
Codifications:R.R.S. 1943, § 14-1616;R.R.S. 1943, § 19-2616.
Neb.Rev.St. § 18-2116,NE ST§ 18-2116
Current through the 101st Legislature Second Regular Session 2010
t',r cl of i)c srurncnt 7(11 I 'f'horoson Reuters.No claim to original U S.Goy crnmcnr\Vorl< .
)0 E I !;?4?rr' ;:{?u11 i' No i:ieltn 1Ci on ii Fi; U.SG 'rtlmeili Vnil iii. .i
the individual designated by the association to receive
the notice on its behalf.Registration of the neighborhood association for the purposes of this section shall be accomplished in
accordance with such other rules and regulations as may be adopted and promulgated by the city.
Credits
Laws 1951,ch.224, §6(8),p. 807;Laws 1957,ch.52,§ 10,p.258;Laws 1995,LB 140, § 1;Laws 1997,LB 875, § 10.
Codifications:R.R.S. 1943, § 14-1615;R.R.S. 1943, § 19-2615.
iclui- to 01'ioinai l.) S. G ov-!rri Pont Works. 1
all be employed to assist in the defraying of any expenses of redevelopment plans and projects,including the payment of
principal and interest on any bonds issued to pay the costs of any such plans and projects;
(12)To exercise all or any part or combination of powers granted in this section;
(13)To plan,undertake,and carry out neighborhood development programs consisting of redevelopment project undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2122. Real property; eminent domain;effect of resolution, Neb.Rev.St.§18-2122
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§ 18-2122
18-2122. Real property;eminent domain;effect of resolution
An authority shall have the right to acquire by the exercise of the power of eminent domain any real property which it may
deem necessary for a redevelopment project or for its purposes under the provisions of sections 18-2101 to 18-2144 after the
adoption by it of a resolution declaring that the acquisition of the real property described therein is necessary for such purposes.
The procedure to condemn property shall be exercised in the manner set forth in sections 76-704 to 76-724.
When an authority has found and determined by resolution that certain real property described therein is necessary for a
redevelopment project or for its purposes under the provisions of sections 18-2101 to 18-2144,the resolution shall be conclusive
evidence that the acquisition of such real property is necessary for the purposes described therein.
Credits
Laws 1951,ch.224, §8,p.810;Laws 1961,ch.61,§ 11,p.237.
Codifications:R.R.S. 1943, § 14-1622;R.R.S. 1943,§ 19-2622.
Notes of Decisions(1)
Neb. Rev.St. § 18-2122,NE ST§ 18-2122
Current through the 101st Legislature Second Regular Session 2010
End.or Document Nit I Thomson 12pnlc4's.No claim to original U.S.Government Works.
n:7 k L=?..t CP 2.01 I !i'tr t<.00 Rout:Ns. Nc r..io m to Wot k�s, 1
ity has,not less than thirty days prior thereto,notified the governing body in writing of its intention to accept
such redevelopment contract proposal.Thereafter,the authority may execute such redevelopment contract in accordance with
the provisions of section 18-2118 and deliver deeds,leases,and other instruments and take all steps necessary to effectuate such
redevelopment contract.In its discretion,the authority may,without regard to the foregoing provisions of this section,dispose
of real property in a redevelopment project area to private redevelopers for redevelopment under such reasonable competitive
bidding procedures as it shall prescribe,subject to the provisions of section 18-211.8.. _ __._
(2)In the case of any real estate owned by a redeveloper,the authority may enter into a redevelopment contract providing for
such undertakings as the authority shall determine appropriate.Any such redevelopment contract relating to real estate within
an enhanced employment area shall include a statement of the redeveloper's consent with respect to the designation of the area
as an enhanced employment area,shall be recorded with respect to the real estate owned by the redeveloper,and shall be binding
upon all future owners of such real estate.
Credits
Laws 1951,ch.224, §7(2),p. 809;Laws 2007,LB 562, §6.
Codifications:R.R.S. 1943,§ 14-1619;R.R.S. 1943, § 19-2619.
Neb.Rev. St. § 18-2119,NE ST§ 18-2119
Current through the 101st Legislature Second Regular Session 2010
t:nd of Docomcnt
2U1 I 'Thomson RcWcr.No claim to original LJ.S.Govcrnnicnr\V
OrkS
?u. r.'0 1 1 ii YT1 :or Rout(::rs No claim r fto to..
oiL+li"I i !J S, GovernmentWorks.
07,LB 562, §5.
Codifications:R.R.S. 1943, § 14-1616;R.R.S. 1943, § 19-2616.
Neb.Rev.St. § 18-2116,NE ST§ 18-2116
Current through the 101st Legislature Second Regular Session 2010
t',r cl of i)c srurncnt 7(11 I 'f'horoson Reuters.No claim to original U S.Goy crnmcnr\Vorl< .
)0 E I !;?4?rr' ;:{?u11 i' No i:ieltn 1Ci on ii Fi; U.SG 'rtlmeili Vnil iii. .i
the individual designated by the association to receive
the notice on its behalf.Registration of the neighborhood association for the purposes of this section shall be accomplished in
accordance with such other rules and regulations as may be adopted and promulgated by the city.
Credits
Laws 1951,ch.224, §6(8),p. 807;Laws 1957,ch.52,§ 10,p.258;Laws 1995,LB 140, § 1;Laws 1997,LB 875, § 10.
Codifications:R.R.S. 1943, § 14-1615;R.R.S. 1943, § 19-2615.
iclui- to 01'ioinai l.) S. G ov-!rri Pont Works. 1
all be employed to assist in the defraying of any expenses of redevelopment plans and projects,including the payment of
principal and interest on any bonds issued to pay the costs of any such plans and projects;
(12)To exercise all or any part or combination of powers granted in this section;
(13)To plan,undertake,and carry out neighborhood development programs consisting of redevelopment project undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2123. Undeveloped vacant land; land outside city;..., Neb.Rev.St.§18-2123
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
•
Article 21.Community Development
Neb.Rev.St.§18-2123
18-2123. Undeveloped vacant land;land outside city;acquisition,when
Upon a determination,by resolution,of the governing body of the city in which such land is located,that the acquisition and
development of undeveloped vacant land, not within a substandard or blighted area, is essential to the proper clearance or
redevelopment of substandard or blighted areas or a necessary part of the general community redevelopment program of the
city, or that the acquisition and development of land outside the city, but within a radius of three miles thereof, is necessary
or convenient to the proper clearance or redevelopment of one or more substandard or blighted areas within the city or is a
necessary adjunct to the general community redevelopment program of the city,the acquisition,planning,and preparation for
development or disposal of such land shall constitute a redevelopment project which may be undertaken by the authority in
the manner provided in the foregoing sections.
Credits
Laws 1951,ch.224, §9,p.810;Laws 1957,ch.52, § 13,p.259;Laws 1961,ch.61,§ 12,p.238.
Codifications: R.R.S. 1943, § 14-1623;R.R.S. 1943, § 19-2623.
Neb.Rev.St. § 18-2123,NE ST§ 18-2123
Current through the 101 stLegislature Second Regular Session 2010
End of i;itctuneut 201 I 'tu ru on Reuters.No claim to original U.S.(.iovcrnmenl Works.
(G 20) 1 ih :T,f>o o e _>. to original us
. ?CUe. =ll Works. I
accept
such redevelopment contract proposal.Thereafter,the authority may execute such redevelopment contract in accordance with
the provisions of section 18-2118 and deliver deeds,leases,and other instruments and take all steps necessary to effectuate such
redevelopment contract.In its discretion,the authority may,without regard to the foregoing provisions of this section,dispose
of real property in a redevelopment project area to private redevelopers for redevelopment under such reasonable competitive
bidding procedures as it shall prescribe,subject to the provisions of section 18-211.8.. _ __._
(2)In the case of any real estate owned by a redeveloper,the authority may enter into a redevelopment contract providing for
such undertakings as the authority shall determine appropriate.Any such redevelopment contract relating to real estate within
an enhanced employment area shall include a statement of the redeveloper's consent with respect to the designation of the area
as an enhanced employment area,shall be recorded with respect to the real estate owned by the redeveloper,and shall be binding
upon all future owners of such real estate.
Credits
Laws 1951,ch.224, §7(2),p. 809;Laws 2007,LB 562, §6.
Codifications:R.R.S. 1943,§ 14-1619;R.R.S. 1943, § 19-2619.
Neb.Rev. St. § 18-2119,NE ST§ 18-2119
Current through the 101st Legislature Second Regular Session 2010
t:nd of Docomcnt
2U1 I 'Thomson RcWcr.No claim to original LJ.S.Govcrnnicnr\V
OrkS
?u. r.'0 1 1 ii YT1 :or Rout(::rs No claim r fto to..
oiL+li"I i !J S, GovernmentWorks.
07,LB 562, §5.
Codifications:R.R.S. 1943, § 14-1616;R.R.S. 1943, § 19-2616.
Neb.Rev.St. § 18-2116,NE ST§ 18-2116
Current through the 101st Legislature Second Regular Session 2010
t',r cl of i)c srurncnt 7(11 I 'f'horoson Reuters.No claim to original U S.Goy crnmcnr\Vorl< .
)0 E I !;?4?rr' ;:{?u11 i' No i:ieltn 1Ci on ii Fi; U.SG 'rtlmeili Vnil iii. .i
the individual designated by the association to receive
the notice on its behalf.Registration of the neighborhood association for the purposes of this section shall be accomplished in
accordance with such other rules and regulations as may be adopted and promulgated by the city.
Credits
Laws 1951,ch.224, §6(8),p. 807;Laws 1957,ch.52,§ 10,p.258;Laws 1995,LB 140, § 1;Laws 1997,LB 875, § 10.
Codifications:R.R.S. 1943, § 14-1615;R.R.S. 1943, § 19-2615.
iclui- to 01'ioinai l.) S. G ov-!rri Pont Works. 1
all be employed to assist in the defraying of any expenses of redevelopment plans and projects,including the payment of
principal and interest on any bonds issued to pay the costs of any such plans and projects;
(12)To exercise all or any part or combination of powers granted in this section;
(13)To plan,undertake,and carry out neighborhood development programs consisting of redevelopment project undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2124. Bonds; issuance; sources of payment; limitations,Neb.Rev.St.§18-2124
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2124
18-2124.Bonds;issuance;sources of payment;limitations
An authority shall have power to issue bonds from time to time in its discretion for any of its corporate purposes, including
the payment of principal and interest upon any advances for surveys and plans for redevelopment projects.An authority shall
also have power to issue refunding bonds for the purpose of paying,retiring,or otherwise refinancing,or in exchange for any
or all of the principal or interest upon bonds previously issued by it. An authority may issue such types of bonds as it may
determine,including,without limiting the generality of the foregoing,bonds on which the principal and interest are payable:
(1)Exclusively from the income,proceeds,and revenue of the redevelopment project financed with proceeds of such bonds;
(2)exclusively from the income,proceeds,and revenue of any of its redevelopment projects whether or not they are financed
in whole or in part with the proceeds of such bonds;(3)exclusively from its revenue and income,including such tax revenue or
receipts as may be herein authorized,including those which may be pledged under section 18-2150,and from such grants and
loans as may be received;or(4)from all or part of the income,proceeds and revenue enumerated in subdivisions(1),(2),and
(3)of this section;Provided,that any such bonds may be additionally secured by a pledge of any loan,grant,or contributions,
or parts thereof, from the federal government or other source,or a mortgage of any redevelopment project or projects of the
authority;that the authority shall not have the power to pledge the credit or taxing power of the state or any political subdivision
thereof,except such tax receipts as may be authorized under this section or pledged under section 18-2150,or to place any lien
or encumbrance on any property owned by the state,county,or city used by the authority.
Credits
Laws 1951,ch.224,§ 10(1),p. 811;Laws 1961,ch.61,§ 13,p.238;Laws 1979,LB 158,§5.
Codifications:R.R.S. 1943,§ 14-1624;R.R.S. 1943,§ 19-2624.
Neb.Rev.St. § 18-2124,NE ST§ 18-2124
Current through the 101st Legislature Second Regular Session 2010
End or Documetli 4;',201 I Thomson 12.cufcr;.No claim In original U.S.Govc:r:IUCnt Works.
•
•
'i W .,fi 01( hiomvo Reuter'Reuter's. No Cl iffn to original U.S. Government Works. ��1.
a statement of the redeveloper's consent with respect to the designation of the area
as an enhanced employment area,shall be recorded with respect to the real estate owned by the redeveloper,and shall be binding
upon all future owners of such real estate.
Credits
Laws 1951,ch.224, §7(2),p. 809;Laws 2007,LB 562, §6.
Codifications:R.R.S. 1943,§ 14-1619;R.R.S. 1943, § 19-2619.
Neb.Rev. St. § 18-2119,NE ST§ 18-2119
Current through the 101st Legislature Second Regular Session 2010
t:nd of Docomcnt
2U1 I 'Thomson RcWcr.No claim to original LJ.S.Govcrnnicnr\V
OrkS
?u. r.'0 1 1 ii YT1 :or Rout(::rs No claim r fto to..
oiL+li"I i !J S, GovernmentWorks.
07,LB 562, §5.
Codifications:R.R.S. 1943, § 14-1616;R.R.S. 1943, § 19-2616.
Neb.Rev.St. § 18-2116,NE ST§ 18-2116
Current through the 101st Legislature Second Regular Session 2010
t',r cl of i)c srurncnt 7(11 I 'f'horoson Reuters.No claim to original U S.Goy crnmcnr\Vorl< .
)0 E I !;?4?rr' ;:{?u11 i' No i:ieltn 1Ci on ii Fi; U.SG 'rtlmeili Vnil iii. .i
the individual designated by the association to receive
the notice on its behalf.Registration of the neighborhood association for the purposes of this section shall be accomplished in
accordance with such other rules and regulations as may be adopted and promulgated by the city.
Credits
Laws 1951,ch.224, §6(8),p. 807;Laws 1957,ch.52,§ 10,p.258;Laws 1995,LB 140, § 1;Laws 1997,LB 875, § 10.
Codifications:R.R.S. 1943, § 14-1615;R.R.S. 1943, § 19-2615.
iclui- to 01'ioinai l.) S. G ov-!rri Pont Works. 1
all be employed to assist in the defraying of any expenses of redevelopment plans and projects,including the payment of
principal and interest on any bonds issued to pay the costs of any such plans and projects;
(12)To exercise all or any part or combination of powers granted in this section;
(13)To plan,undertake,and carry out neighborhood development programs consisting of redevelopment project undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2125. Bonds; liability; exempt from taxation; anticipation..., Neb.Rev.St.§18-2125
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages; Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2125
18-2125. Bonds; liability;exempt from taxation; anticipation notes;renewal notes;terms;declaration of intent
Neither the members of an authority nor any person executing the bonds shall be liable personally on the bonds by reason of
the issuance thereof. The bonds and other obligations of the authority, and such bonds and obligations shall so state on their
face, shall not be a debt of the city and the city shall not be liable on such bonds,except to the extent authorized by sections
18-2147 to 18-2150,nor in any event shall such bonds or obligations be payable out of any funds or properties other than those
of said authority acquired for the purposes of sections 18-2101 to 18-2144,except to the extent authorized by sections 18-2147
to 18-2150.Except to the extent otherwise authorized,the bonds shall not constitute an indebtedness within the meaning of any
constitutional or statutory debt limitation or restriction. Bonds of an authority are declared to be issued for an essential public
and governmental purpose and to be public instrumentalities and,together with interest thereon and income therefrom, shall
be exempt from all taxes.All bonds shall be general obligations of the authority issuing same and shall be payable out of any
revenue, income,receipts,proceeds,or other money of the authority,except as may be otherwise provided in the instruments
themselves.
An authority shall have power from time to time to issue bond anticipation notes,referred to as notes herein, and from time
to time to issue renewal notes, such notes in any case to mature not later than thirty months from the date of incurring the
indebtedness represented thereby in an amount not exceeding in the aggregate at any time outstanding the amount of bonds
- then or theretofore authorized.Payment of such notes shall be made from any money or revenue which the authority may have
available for such purpose or from the proceeds of the sale of bonds of the authority, or such notes may be exchanged for a
like amount of such bonds.The authority may pledge such money or revenue of the authority,subject to prior pledges thereof,
if any, for the payment of such notes, and may in addition secure the notes in the same manner as herein provided for bonds.
All notes shall be issued and sold in the same manner as bonds,and any authority shall have power to make contracts for the
future sale from time to time of notes on terms and conditions stated in such contracts,and the authority shall have power to
pay such consideration as it shall deem proper for any commitments to purchase notes and bonds in the future. Such notes
shall also be collaterally secured by pledges and deposits with a bank or trust company,in trust for the payment of such notes,
of bonds in an aggregate amount at least equal to the amount of such notes and, in any event, in an amount deemed by the
issuing authority sufficient to provide for the payment of the notes in full at the maturity thereof.The authority may provide in
the collateral agreement that the notes may be exchanged for bonds held as collateral security for the notes,or that the trustee
may sell the bonds if the notes are not otherwise paid at maturity,and apply the proceeds of such sale to the payment of the
notes. Such notes shall bear interest at a rate set by the authority,and shall be sold at such price as shall cause an interest cost
thereon not to exceed such rate.
It is the intention hereof that any pledge of revenue,income,receipts,proceeds,or other money made by an authority for the
payment of bonds or notes shall be valid and binding from the time such pledge is made; that the revenue,income,receipts,
proceeds,and other money so pledged and thereafter received by the authority shall immediately be subject to the lien of such
pledge without the physical delivery thereof or further act, and that the lien of any such pledge shall be valid and binding as
against all parties having claims of any kind in tort,contract, or otherwise against the authority irrespective of whether such
parties have notice thereof.Neither the resolution nor any other instrument by which a pledge is created need be recorded.
Credits
Laws 1951,ch.224,§ 10(2),p.811;Laws 1961,ch.61,§ 14,p.239;Laws 1969,ch.51,§70,p.317;Laws 1979,LB 158,§6.
'r t ,.x.. -,N..�'t .a, i 1 , n l..x; j•,.. CIa,7i. ?,It.:n: 11.:.... Gov-21 nment ori<s, 1
undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2125. Bonds; liability; exempt from taxation; anticipation..., Neb.Rev.St.§18-2125
Codifications:R.R.S. 1943, § 14-1625;R.R.S. 1943, § 19-2625.
Neb.Rev.St. § 18-2125,NE ST§ 18-2125
Current through the 101st Legislature Second Regular Session 2010
End or 1.)00.mieni. 2011 Mormon Rcui.cr:•;.No claim io original U.S.(S:iovornment Works.
LwNJt
. . . .
2(1 1 .iflOrilS011 ROUtOrS. No cla,rr.to Original U.S. GOVOrnment V\torks. 2
e city has been prepared.
Credits
Laws 1951,ch.224,§6(3),p.805.
Codifications: R.R.S. 1943,§ 14-1610;R.R.S. 1943,§ 19-2610.
Neb.Rev.St. § 18-2110,NE ST§ 18-2110
Current through the 101st Legislature Second Regular Session 2010
End of Document -2011 Thomson Rcurcrs.\'o claim to origin:Al U.S.(;ovcmmcnt\Vorkc.
�.. . No claim
<:.{:f -�t;�(�`.. ,:.+ Rt:,E..t-. ., to original .. ..wC'i ii?uf...
Al 18-2126. Bonds; terms, Neb.Rev.St.§18-2126
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St. §18-2126
18-2126. Bonds;terms
Bonds of an authority shall be authorized by its resolution and may be issued in one or more series and shall bear such date or
dates,be payable upon demand or mature at such time or times,bear interest at such rate or rates,be in such denomination or
denominations,be in such form either coupon or registered,carry such conversion or registration privileges,have such rank or
priority,be executed in such manner,be payable in such medium of payment,at such place or places,and be subject to such
terms of redemption,with or without premium,as such resolution,its trust indenture,or mortgage may provide.
Credits
Laws 1951,ch.224,§ 10(3),p. 812;Laws 1969,ch.51, § 71,p.319.
Codifications: R.R.S. 1943, § 14-1626;R.R.S. 1943,§ 19-2626.
Neb.Rev. St. § 18-2126,NE ST§ 18-2126
Current through the 101st Legislature Second Regular Session 2010
coo o ))ocomtmt S;i 201 I Thomson Rruicrs.No claim to original LJ.S.Govcrnmcatt Work .
w...,`...,,...."t`�.i,.,......T:,..,,..,...-` �,',,.:.:..``,,.....w.....,"...,fJ rl .,,..w..,,�,",....,..,w...............m, .,,. +. �,.,.,,",..,.. .,,...,.,,.,........., w.,..,.,..,,...,,.,.,.,,,,,.,
xl <. . .i horn :i n C,cut ,r -. . . daim o .�rininal U..S. Govemrni n tir, i 1
ome,receipts,proceeds,or other money of the authority,except as may be otherwise provided in the instruments
themselves.
An authority shall have power from time to time to issue bond anticipation notes,referred to as notes herein, and from time
to time to issue renewal notes, such notes in any case to mature not later than thirty months from the date of incurring the
indebtedness represented thereby in an amount not exceeding in the aggregate at any time outstanding the amount of bonds
- then or theretofore authorized.Payment of such notes shall be made from any money or revenue which the authority may have
available for such purpose or from the proceeds of the sale of bonds of the authority, or such notes may be exchanged for a
like amount of such bonds.The authority may pledge such money or revenue of the authority,subject to prior pledges thereof,
if any, for the payment of such notes, and may in addition secure the notes in the same manner as herein provided for bonds.
All notes shall be issued and sold in the same manner as bonds,and any authority shall have power to make contracts for the
future sale from time to time of notes on terms and conditions stated in such contracts,and the authority shall have power to
pay such consideration as it shall deem proper for any commitments to purchase notes and bonds in the future. Such notes
shall also be collaterally secured by pledges and deposits with a bank or trust company,in trust for the payment of such notes,
of bonds in an aggregate amount at least equal to the amount of such notes and, in any event, in an amount deemed by the
issuing authority sufficient to provide for the payment of the notes in full at the maturity thereof.The authority may provide in
the collateral agreement that the notes may be exchanged for bonds held as collateral security for the notes,or that the trustee
may sell the bonds if the notes are not otherwise paid at maturity,and apply the proceeds of such sale to the payment of the
notes. Such notes shall bear interest at a rate set by the authority,and shall be sold at such price as shall cause an interest cost
thereon not to exceed such rate.
It is the intention hereof that any pledge of revenue,income,receipts,proceeds,or other money made by an authority for the
payment of bonds or notes shall be valid and binding from the time such pledge is made; that the revenue,income,receipts,
proceeds,and other money so pledged and thereafter received by the authority shall immediately be subject to the lien of such
pledge without the physical delivery thereof or further act, and that the lien of any such pledge shall be valid and binding as
against all parties having claims of any kind in tort,contract, or otherwise against the authority irrespective of whether such
parties have notice thereof.Neither the resolution nor any other instrument by which a pledge is created need be recorded.
Credits
Laws 1951,ch.224,§ 10(2),p.811;Laws 1961,ch.61,§ 14,p.239;Laws 1969,ch.51,§70,p.317;Laws 1979,LB 158,§6.
'r t ,.x.. -,N..�'t .a, i 1 , n l..x; j•,.. CIa,7i. ?,It.:n: 11.:.... Gov-21 nment ori<s, 1
undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2127. Bonds; sale, Neb.Rev.St.§ 18-2127
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
•
Neb.Rev.St.§18-2127
18-2127.Bonds;sale
The bonds may be sold by the authority in such manner and for such price as the authority may determine,at par or above
par,at private sale or at public sale after notice published prior to such sale in a legal newspaper having general circulation in
the municipality,or in such other medium of publication as the authority may deem appropriate,or may be exchanged by the
authority for other bonds issued by it under sections 18-2101 to 18-2144 and 18-2147 to 18-2151.Bonds which are issued under
this section may be sold by the authority to the federal government at private sale at par or above par,and,in the event that less
than all of the authorized principal amount of such bonds is sold by the authority to the federal government,the balance or any
portion of the balance may be sold by the authority at private sale at par or above par.
Credits
Laws 1951,ch.224, § 10(4),p. 812;Laws 1979,LB 158,§7.
Codifications: R.R.S. 1943,§ 14-1627;R.R.S. 1943, § 19-2627.
Neb. Rev.St.§ 18-2127,NE ST§ 18-2127
Current through the 101 st Legislature Second Regular Session 2010
'End a6 Dorn m ri' 201 I Thomson Reuters.No claim to orio-tinnl U.S.Govomtnent Works.
M.......,,...,.,,',r,_,.,;R,mot A,u..,....,,,.._..,..,,.,,.,.,,.....,,.,,.,3.._,,,...,_......,,,,,J l ,t.,i,.,_...............,,..w..,.,•I...,J...,,.,...r `�.�t F;*-t� :r.�.�.r t t�j t.t{`. .....,,.,.,.,.....,...m......,......,,,..,w.,,,,.mow.....,.....,...,,...._..., 1
,. 'W .t �; 2.)1 f hoiT s tt I�.(.�Itc_.`3. No cla.rrl to orif,iina �. ,S. G_ €i niren. II a.k..
notes in any case to mature not later than thirty months from the date of incurring the
indebtedness represented thereby in an amount not exceeding in the aggregate at any time outstanding the amount of bonds
- then or theretofore authorized.Payment of such notes shall be made from any money or revenue which the authority may have
available for such purpose or from the proceeds of the sale of bonds of the authority, or such notes may be exchanged for a
like amount of such bonds.The authority may pledge such money or revenue of the authority,subject to prior pledges thereof,
if any, for the payment of such notes, and may in addition secure the notes in the same manner as herein provided for bonds.
All notes shall be issued and sold in the same manner as bonds,and any authority shall have power to make contracts for the
future sale from time to time of notes on terms and conditions stated in such contracts,and the authority shall have power to
pay such consideration as it shall deem proper for any commitments to purchase notes and bonds in the future. Such notes
shall also be collaterally secured by pledges and deposits with a bank or trust company,in trust for the payment of such notes,
of bonds in an aggregate amount at least equal to the amount of such notes and, in any event, in an amount deemed by the
issuing authority sufficient to provide for the payment of the notes in full at the maturity thereof.The authority may provide in
the collateral agreement that the notes may be exchanged for bonds held as collateral security for the notes,or that the trustee
may sell the bonds if the notes are not otherwise paid at maturity,and apply the proceeds of such sale to the payment of the
notes. Such notes shall bear interest at a rate set by the authority,and shall be sold at such price as shall cause an interest cost
thereon not to exceed such rate.
It is the intention hereof that any pledge of revenue,income,receipts,proceeds,or other money made by an authority for the
payment of bonds or notes shall be valid and binding from the time such pledge is made; that the revenue,income,receipts,
proceeds,and other money so pledged and thereafter received by the authority shall immediately be subject to the lien of such
pledge without the physical delivery thereof or further act, and that the lien of any such pledge shall be valid and binding as
against all parties having claims of any kind in tort,contract, or otherwise against the authority irrespective of whether such
parties have notice thereof.Neither the resolution nor any other instrument by which a pledge is created need be recorded.
Credits
Laws 1951,ch.224,§ 10(2),p.811;Laws 1961,ch.61,§ 14,p.239;Laws 1969,ch.51,§70,p.317;Laws 1979,LB 158,§6.
'r t ,.x.. -,N..�'t .a, i 1 , n l..x; j•,.. CIa,7i. ?,It.:n: 11.:.... Gov-21 nment ori<s, 1
undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2128. Bonds; signatures; validity, Neb.Rev.St.§18-2128
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18:Cities and Villages;Laws Applicable to All
•
Article 21.Community Development
Neb.Rev.St.§18-2128
18-2128.Bonds;signatures;validity
In case any of the members or officers of the authority whose signatures appear on any bonds or coupons shall cease to be
such members or officers before the delivery of such bonds,such signatures shall,nevertheless,be valid and sufficient for all
purposes,the same as if such members or officers had remained in office until such delivery.Any provision of any law to the
contrary notwithstanding,any bonds issued pursuant to the provisions of section 18-2124 shall be fully negotiable.
Credits
Laws 1951,ch.224,§ 10(5),p. 812.
Codifications: R.R.S. 1943,§ 14-1628;R.R.S. 1943,§ 19-2628.
Neb.Rev.St. § 18-2128,NE ST§ 18-2128
Current through the 101 st Legislature Second Regular Session 2010
End of Document B;`2011 `f'hormcm Rcuicrs.No clam to original U S.Go c:rnnicne Works.
•
..,..,mM.Mli N5Ne4: ;()201..,..w..h (1r.>:o...r _,eitet S. No claim to '9( 1 a U .. Government Works.
.,,..,.............. ......... ,,,.....,..... '
rent through the 101 st Legislature Second Regular Session 2010
'End a6 Dorn m ri' 201 I Thomson Reuters.No claim to orio-tinnl U.S.Govomtnent Works.
M.......,,...,.,,',r,_,.,;R,mot A,u..,....,,,.._..,..,,.,,.,.,,.....,,.,,.,3.._,,,...,_......,,,,,J l ,t.,i,.,_...............,,..w..,.,•I...,J...,,.,...r `�.�t F;*-t� :r.�.�.r t t�j t.t{`. .....,,.,.,.,.....,...m......,......,,,..,w.,,,,.mow.....,.....,...,,...._..., 1
,. 'W .t �; 2.)1 f hoiT s tt I�.(.�Itc_.`3. No cla.rrl to orif,iina �. ,S. G_ €i niren. II a.k..
notes in any case to mature not later than thirty months from the date of incurring the
indebtedness represented thereby in an amount not exceeding in the aggregate at any time outstanding the amount of bonds
- then or theretofore authorized.Payment of such notes shall be made from any money or revenue which the authority may have
available for such purpose or from the proceeds of the sale of bonds of the authority, or such notes may be exchanged for a
like amount of such bonds.The authority may pledge such money or revenue of the authority,subject to prior pledges thereof,
if any, for the payment of such notes, and may in addition secure the notes in the same manner as herein provided for bonds.
All notes shall be issued and sold in the same manner as bonds,and any authority shall have power to make contracts for the
future sale from time to time of notes on terms and conditions stated in such contracts,and the authority shall have power to
pay such consideration as it shall deem proper for any commitments to purchase notes and bonds in the future. Such notes
shall also be collaterally secured by pledges and deposits with a bank or trust company,in trust for the payment of such notes,
of bonds in an aggregate amount at least equal to the amount of such notes and, in any event, in an amount deemed by the
issuing authority sufficient to provide for the payment of the notes in full at the maturity thereof.The authority may provide in
the collateral agreement that the notes may be exchanged for bonds held as collateral security for the notes,or that the trustee
may sell the bonds if the notes are not otherwise paid at maturity,and apply the proceeds of such sale to the payment of the
notes. Such notes shall bear interest at a rate set by the authority,and shall be sold at such price as shall cause an interest cost
thereon not to exceed such rate.
It is the intention hereof that any pledge of revenue,income,receipts,proceeds,or other money made by an authority for the
payment of bonds or notes shall be valid and binding from the time such pledge is made; that the revenue,income,receipts,
proceeds,and other money so pledged and thereafter received by the authority shall immediately be subject to the lien of such
pledge without the physical delivery thereof or further act, and that the lien of any such pledge shall be valid and binding as
against all parties having claims of any kind in tort,contract, or otherwise against the authority irrespective of whether such
parties have notice thereof.Neither the resolution nor any other instrument by which a pledge is created need be recorded.
Credits
Laws 1951,ch.224,§ 10(2),p.811;Laws 1961,ch.61,§ 14,p.239;Laws 1969,ch.51,§70,p.317;Laws 1979,LB 158,§6.
'r t ,.x.. -,N..�'t .a, i 1 , n l..x; j•,.. CIa,7i. ?,It.:n: 11.:.... Gov-21 nment ori<s, 1
undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2129. Bonds; actions; effect, Neb.Rev.St.§ 18-2129
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development •
•
Neb.Rev.St.§18-2129
18-2129.Bonds;actions;effect
In any suit,action,or proceedings involving the validity or enforceability of any bond of an authority or the security therefor,
any such bond reciting in substance that it has been issued by the authority to aid in financing a redevelopment project,as herein
defined, shall be conclusively deemed to have been issued for such purpose and such project shall be conclusively deemed to
have been planned,located,and carried out in accordance with the purposes and provisions of sections 18-2101 to 18-2144.
Credits
Laws 1951,ch.224,§ 10(6),p. 813.
Codifications:R.R.S. 1943, § 14-1629;R.R.S. 1943,§ 19-2629.
Neb.Rev.St. § 18-2129,NE ST§ 18-2129
Current through the 101 st Legislature Second Regular Session 2010
End c f T)iieuzuen.E §;}2U!'I"Thomson Rrotcrs.No chin,to original U.S.(..iovc:rnmeni Works.
•
._...n ......,., ^ .. .< . ( .,....:.•.•,,Y,..,,...,f`'f ',.. M. ....ti..............w.,..... ,....,..w.....�........ .
V> tE ' l. 2011 ;!. is n R.:. I<t r`, t•irio ginal 1,iS .(vornmont Works.
....•.,....,...•�... ...........
1
s.
M.......,,...,.,,',r,_,.,;R,mot A,u..,....,,,.._..,..,,.,,.,.,,.....,,.,,.,3.._,,,...,_......,,,,,J l ,t.,i,.,_...............,,..w..,.,•I...,J...,,.,...r `�.�t F;*-t� :r.�.�.r t t�j t.t{`. .....,,.,.,.,.....,...m......,......,,,..,w.,,,,.mow.....,.....,...,,...._..., 1
,. 'W .t �; 2.)1 f hoiT s tt I�.(.�Itc_.`3. No cla.rrl to orif,iina �. ,S. G_ €i niren. II a.k..
notes in any case to mature not later than thirty months from the date of incurring the
indebtedness represented thereby in an amount not exceeding in the aggregate at any time outstanding the amount of bonds
- then or theretofore authorized.Payment of such notes shall be made from any money or revenue which the authority may have
available for such purpose or from the proceeds of the sale of bonds of the authority, or such notes may be exchanged for a
like amount of such bonds.The authority may pledge such money or revenue of the authority,subject to prior pledges thereof,
if any, for the payment of such notes, and may in addition secure the notes in the same manner as herein provided for bonds.
All notes shall be issued and sold in the same manner as bonds,and any authority shall have power to make contracts for the
future sale from time to time of notes on terms and conditions stated in such contracts,and the authority shall have power to
pay such consideration as it shall deem proper for any commitments to purchase notes and bonds in the future. Such notes
shall also be collaterally secured by pledges and deposits with a bank or trust company,in trust for the payment of such notes,
of bonds in an aggregate amount at least equal to the amount of such notes and, in any event, in an amount deemed by the
issuing authority sufficient to provide for the payment of the notes in full at the maturity thereof.The authority may provide in
the collateral agreement that the notes may be exchanged for bonds held as collateral security for the notes,or that the trustee
may sell the bonds if the notes are not otherwise paid at maturity,and apply the proceeds of such sale to the payment of the
notes. Such notes shall bear interest at a rate set by the authority,and shall be sold at such price as shall cause an interest cost
thereon not to exceed such rate.
It is the intention hereof that any pledge of revenue,income,receipts,proceeds,or other money made by an authority for the
payment of bonds or notes shall be valid and binding from the time such pledge is made; that the revenue,income,receipts,
proceeds,and other money so pledged and thereafter received by the authority shall immediately be subject to the lien of such
pledge without the physical delivery thereof or further act, and that the lien of any such pledge shall be valid and binding as
against all parties having claims of any kind in tort,contract, or otherwise against the authority irrespective of whether such
parties have notice thereof.Neither the resolution nor any other instrument by which a pledge is created need be recorded.
Credits
Laws 1951,ch.224,§ 10(2),p.811;Laws 1961,ch.61,§ 14,p.239;Laws 1969,ch.51,§70,p.317;Laws 1979,LB 158,§6.
'r t ,.x.. -,N..�'t .a, i 1 , n l..x; j•,.. CIa,7i. ?,It.:n: 11.:.... Gov-21 nment ori<s, 1
undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2130. Bonds; authority; powers, Neb.Rev.St.§18-2130
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-213o
18-213o.Bonds;authority;powers
In connection with the issuance of bonds or the incurring of obligations under leases and in order to secure the payment of such
bonds or obligations,an authority,in addition to its other powers,shall have power:(1)To pledge all or any part of its gross or
net rents, fees, or revenue to which its right then exists or may thereafter come into existence;(2)to mortgage all or any part
of its real or personal property,then owned or thereafter acquired;(3)to covenant against pledging all or any part of its rents,
fees, and revenue, or against mortgaging all or any part of its real or personal property, to which its right or title then exists
or may thereafter come into existence, or against permitting or suffering any lien on such revenue or property; to covenant
with respect to limitations on its right to sell, lease, or otherwise dispose of any redevelopment project, or any part thereof;
and to covenant as to what other or additional debts or obligations may be incurred by it;(4)to covenant as to the bonds to be
issued and as to the issuance of such bonds in escrow or otherwise,and as to the use and disposition of the proceeds thereof;to
provide for the replacement of lost,destroyed,or mutilated bonds;to covenant against extending the time for the payment of
its bonds or interest thereon;and to covenant for the redemption of the bonds and to provide the terms and conditions thereof;
(5)to covenant, subject to the limitations contained in the Community Development Law,as to the amount of revenue to be
raised each year or other period of time by rents,fees,and other revenue,and as to the use and disposition to be made thereof;
to establish or to authorize the establishment of special funds for money held for operating costs, debt service,reserves, or
other purposes,and to covenant as to the use and disposition of the money held in such funds;(6)to prescribe the procedure,___
if any,by which the terms of any contract with bondholders may be amended or abrogated,the amount of bonds the holders of
which must consent thereto and the manner in which such consent may be given;(7)to covenant as to the use,maintenance,
and replacement of any or all of its real or personal property,the insurance to be carried thereon,and the use and disposition of
insurance money,and to warrant its title to such property;(8)to covenant as to the rights,liabilities,powers,and duties arising
upon the breach by it of any covenants, conditions,or obligations; and to covenant and prescribe as to events of default and
terms and conditions upon which any or all of its bonds or obligations shall become or may be declared due before maturity,
and as to the terms and conditions upon which such declaration and its consequences may be waived;(9)to vest in any obligees
of the authority the right to enforce the payment of the bonds or any covenants securing or relating to the bonds;to vest in any
obligee or obligees holding a specified amount in bonds the right,in the event of a default by the authority,to take possession
of and use,operate,and manage any redevelopment project or any part thereof,title to which is in the authority,or any funds
connected therewith,and to collect the rents and revenue arising therefrom and to dispose of such money in accordance with the
agreement of the authority with such obligees;to provide for the powers and duties of such obligees and to limit the liabilities
thereof; and to provide the terms and conditions upon which such obligees may enforce any covenant or rights securing or
relating to the bonds;(10)to pledge all of the revenue from any occupation tax received or to be received with respect to any
enhanced employment area; and(11)to exercise all or any part or combination of the powers herein granted; to make such
covenants,other than and in addition to the covenants herein expressly authorized,and to do any and all such acts and things as
may be necessary or convenient or desirable in order to secure its bonds,or,in the absolute discretion of the authority,as will
tend to make the bonds more marketable notwithstanding that such covenants,acts,or things may not be enumerated herein.
Credits
Laws 1951,ch.224, § 11(1),p. 813;Laws 2007,LB 562,§7.
Codifications:R.R.S. 1943, § 14-1630;R.R.S. 1943, § 19-2630.
..,t'`1 ...'... i'euie;µ No claim in orfcinait_i.ti Government Works...,_._.,.....,.. .._,_....,._...-.,. I
1
undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2130. Bonds; authority; powers, Neb.Rev.St,§18-2130
Neb.Rev.St. § 18-2130,NE ST§ 18-2130
Current through the 101 st Legislature Second Regular Session 2010
End of 1]oeument
201 I'fhornson 1iiy:i r.>:.No el<rim to c r r >i�ir:;(l.i.g,Government Works.
201it it�ii I�..,�,,,,....: ,...,....'+t' i�.....,........f..{,...,,,.,.F...,..,....,....,...,.,..,.........................,...,.,..,..,,,...,......,,.,.,............,.,.........,.....,..,,.H.M,....,......... «....,.,,....,....,.,.......,.,.........,..,,....«....,.......,....,
tail
s. No claim to o igiil, i (J.S. Government Works.�s. 2
,�
Legislature Second Regular Session 2010
End of Document -2011 Thomson Rcurcrs.\'o claim to origin:Al U.S.(;ovcmmcnt\Vorkc.
�.. . No claim
<:.{:f -�t;�(�`.. ,:.+ Rt:,E..t-. ., to original .. ..wC'i ii?uf...
18-2131. Bonds; default; causes of action, Neb.Rev.St.§ 18-2131
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2131
18-2131.Bonds;default;causes of action
An authority will have power by its resolution,trust indenture,mortgage, lease,or other contract to confer upon any obligee
holding or representing a specified amount in bonds,the right,in addition to all rights that may otherwise be conferred,upon
the happening of an event of default as defined in such resolution or instruments,by suit, action,or proceeding in any court
of competent jurisdiction: (1)To cause possession of any redevelopment project or any part thereof,title to which is in the
authority,to be surrendered to any such obligee;(2)to obtain the appointment of a receiver of any redevelopment project of said
authority or any part thereof,title to which is in the authority,and of the rents and profits therefrom.If such receiver be appointed,
he may enter and take possession of,carry out,operate,and maintain such project or any part thereof and collect and receive all
fees,rents,revenue,or other charges thereafter arising therefrom,and shall keep such money in a separate account or accounts
and apply the same in accordance with the obligations of said authority as the court shall direct;and(3)to require the authority •
and the members,officers,agents,and employees thereof to account as if it and they were the trustees of an express trust.
Credits
Laws 1951,ch.224, § 11(2),p.815.
Codifications:R.R.S. 1943,§ 14-1631;R.R.S. 1943,§ 19-2631.
Neb. Rev.St. § 18-2131,NE ST§ 18-2131
Current through the 101st Legislature Second Regular Session 2010
Etvd of noctirnta9 ::,10 i I Thomson Reuters.No claim to original U.S.Govcrnmcnt Works.
t..,..(.,..seNe'L. 2011 hoMSC,ll R u era. No ciaft n to O'(gilial ILS. Government'`Yorks.
t of special funds for money held for operating costs, debt service,reserves, or
other purposes,and to covenant as to the use and disposition of the money held in such funds;(6)to prescribe the procedure,___
if any,by which the terms of any contract with bondholders may be amended or abrogated,the amount of bonds the holders of
which must consent thereto and the manner in which such consent may be given;(7)to covenant as to the use,maintenance,
and replacement of any or all of its real or personal property,the insurance to be carried thereon,and the use and disposition of
insurance money,and to warrant its title to such property;(8)to covenant as to the rights,liabilities,powers,and duties arising
upon the breach by it of any covenants, conditions,or obligations; and to covenant and prescribe as to events of default and
terms and conditions upon which any or all of its bonds or obligations shall become or may be declared due before maturity,
and as to the terms and conditions upon which such declaration and its consequences may be waived;(9)to vest in any obligees
of the authority the right to enforce the payment of the bonds or any covenants securing or relating to the bonds;to vest in any
obligee or obligees holding a specified amount in bonds the right,in the event of a default by the authority,to take possession
of and use,operate,and manage any redevelopment project or any part thereof,title to which is in the authority,or any funds
connected therewith,and to collect the rents and revenue arising therefrom and to dispose of such money in accordance with the
agreement of the authority with such obligees;to provide for the powers and duties of such obligees and to limit the liabilities
thereof; and to provide the terms and conditions upon which such obligees may enforce any covenant or rights securing or
relating to the bonds;(10)to pledge all of the revenue from any occupation tax received or to be received with respect to any
enhanced employment area; and(11)to exercise all or any part or combination of the powers herein granted; to make such
covenants,other than and in addition to the covenants herein expressly authorized,and to do any and all such acts and things as
may be necessary or convenient or desirable in order to secure its bonds,or,in the absolute discretion of the authority,as will
tend to make the bonds more marketable notwithstanding that such covenants,acts,or things may not be enumerated herein.
Credits
Laws 1951,ch.224, § 11(1),p. 813;Laws 2007,LB 562,§7.
Codifications:R.R.S. 1943, § 14-1630;R.R.S. 1943, § 19-2630.
..,t'`1 ...'... i'euie;µ No claim in orfcinait_i.ti Government Works...,_._.,.....,.. .._,_....,._...-.,. I
1
undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2132, Repealed by Laws 2001, LB 420,§38,Neb.Rev,St.§18-2132
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2132
• 18-2132. Repealed by Laws 2001,LB 42o, §38
18-2132. Repealed by Laws 2001,LB 42o,§38
Neb.Rev.St. § 18-2132,NE ST§ 18-2132
Current through the 101 st Legislature Second Regular Session 2010
Encl.of Document ?:2011 Thomson R,uiu's.No claim ro original U.S.Government works.
201 1 T{lormt ) i i. oLiters..
._.No :claim to orkiinai U.S. Government Works.
,�
Legislature Second Regular Session 2010
End of Document -2011 Thomson Rcurcrs.\'o claim to origin:Al U.S.(;ovcmmcnt\Vorkc.
�.. . No claim
<:.{:f -�t;�(�`.. ,:.+ Rt:,E..t-. ., to original .. ..wC'i ii?uf...
18-2133, Bonds; obligee; causes of action, Neb.Rev.St.§18-2133
•
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages; Laws Applicable to All
•
Article 21.Community Development
Neb.Rev.St.§18-2133
18-2133. Bonds; obligee;causes of action
An obligee of an authority shall have the right in addition to all other rights which may be conferred upon such obligee,subject
only to any contractual restrictions binding upon such obligee:
(1)By mandamus,suit,action,or proceeding at law or in equity to compel said authority and the members,officers,agents,
or employees thereof to perform each and every term,provision,and covenant contained in any contract of said authority
with or for the benefit of such obligee, and to require the carrying out of any or all such covenants and agreements to the
eeme
authority and the fulfillment of all duties imposed upon the authority by the provisions of sections 18-2101 to
18-2144;and
(2)By suit, action, or proceeding in equity to enjoin any acts or things which may be unlawful, or the violation of any of
the rights of such obligee of the authority.
Credits
Laws 1951,ch.224, § 13,p. 816.
Codifications:R.R.S. 1943, § 14-1633;R.R.S. 1943, § 19-2633.
Neb.Rev. St. § 18-2133,NE ST§ 18-2133
--urrent-through the 101 st Legislature Second Regular Session 2010
End of i)ocorocol
`i:20!1 i'hom;om Itcutcrs.No claim to ori;>imil l:!.$
Government Works.
i'1'} claim k original LI S. .,.:�
r tfl C:;;rii"i(it�ii�r'.�r'=i'ks
ST§ 18-2131
Current through the 101st Legislature Second Regular Session 2010
Etvd of noctirnta9 ::,10 i I Thomson Reuters.No claim to original U.S.Govcrnmcnt Works.
t..,..(.,..seNe'L. 2011 hoMSC,ll R u era. No ciaft n to O'(gilial ILS. Government'`Yorks.
t of special funds for money held for operating costs, debt service,reserves, or
other purposes,and to covenant as to the use and disposition of the money held in such funds;(6)to prescribe the procedure,___
if any,by which the terms of any contract with bondholders may be amended or abrogated,the amount of bonds the holders of
which must consent thereto and the manner in which such consent may be given;(7)to covenant as to the use,maintenance,
and replacement of any or all of its real or personal property,the insurance to be carried thereon,and the use and disposition of
insurance money,and to warrant its title to such property;(8)to covenant as to the rights,liabilities,powers,and duties arising
upon the breach by it of any covenants, conditions,or obligations; and to covenant and prescribe as to events of default and
terms and conditions upon which any or all of its bonds or obligations shall become or may be declared due before maturity,
and as to the terms and conditions upon which such declaration and its consequences may be waived;(9)to vest in any obligees
of the authority the right to enforce the payment of the bonds or any covenants securing or relating to the bonds;to vest in any
obligee or obligees holding a specified amount in bonds the right,in the event of a default by the authority,to take possession
of and use,operate,and manage any redevelopment project or any part thereof,title to which is in the authority,or any funds
connected therewith,and to collect the rents and revenue arising therefrom and to dispose of such money in accordance with the
agreement of the authority with such obligees;to provide for the powers and duties of such obligees and to limit the liabilities
thereof; and to provide the terms and conditions upon which such obligees may enforce any covenant or rights securing or
relating to the bonds;(10)to pledge all of the revenue from any occupation tax received or to be received with respect to any
enhanced employment area; and(11)to exercise all or any part or combination of the powers herein granted; to make such
covenants,other than and in addition to the covenants herein expressly authorized,and to do any and all such acts and things as
may be necessary or convenient or desirable in order to secure its bonds,or,in the absolute discretion of the authority,as will
tend to make the bonds more marketable notwithstanding that such covenants,acts,or things may not be enumerated herein.
Credits
Laws 1951,ch.224, § 11(1),p. 813;Laws 2007,LB 562,§7.
Codifications:R.R.S. 1943, § 14-1630;R.R.S. 1943, § 19-2630.
..,t'`1 ...'... i'euie;µ No claim in orfcinait_i.ti Government Works...,_._.,.....,.. .._,_....,._...-.,. I
1
undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2134. Bonds; who may purchase, Neb.Rev.St.§ 18-2134
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-21.34
18-2134.Bonds;who may purchase
All public officers, municipal corporations, political subdivisions and public bodies; all banks, trust companies, bankers,
savings banks and institutions,building and loan associations,savings and loan associations,investment companies and other
persons carrying on a banking business; all insurance companies, insurance associations, and other persons carrying on an
insurance business; and all executors, administrators, curators,trustees,and other fiduciaries may legally invest any sinking
funds,money,or other funds belonging to them or within their control in any bonds or other obligations issued by an authority
pursuant to sections 18-2101 to 18-2144 or by any public housing or redevelopment authority or commission, or agency or
any other public body in the United States for redevelopment purposes,when such bonds and other obligations are secured by
an agreement between the issuing agency and the federal government in which the issuing agency agrees to borrow from the
federal government and the federal government agrees to lend to the issuing agency,prior to the maturity of such bonds or other
obligations, money in an amount which,together with any other money irrevocably committed to the payment of interest on
such bonds or other obligations,will suffice to pay the principal of such bonds or other obligations with interest to maturity
thereon,which money under the terms of the agreement is required to be used for the purpose of paying the principal of and the
interest on such bonds or other obligations at their maturity,and such bonds and other obligations shall be authorized security
for all public deposits. It is the purpose of this section to authorize any persons,political subdivisions,and officers,public or
_.private,_to_use_any.funds owned_orcontrolledby them_for the purchase of any such bonds or other obligations.However,nothing _..
contained in this section with regard to legal investments shall be construed as relieving any person of any duty of exercising
reasonable care in the selection of securities.
Credits
Laws 1951,ch.224, § 14,p.816.
Codifications: R.R.S. 1943, § 14-1634;R.R.S. 1943,§ 19-2634.
Neb.Rev.St.§ 18-2134,NE ST§ 18-2134
Current through the 101st Legislature Second Regular Session 2010
find of Document. :.Oi 1 lieutcas. claim;o original U.S.Citwiirrnnenl Works
I olisl Reuters....�No claim to
..,..`r g:..'r%._.,t 1_1,S. Government Works. .,,,,....,,......,.m,.... .,,._.. .�
ents of default and
terms and conditions upon which any or all of its bonds or obligations shall become or may be declared due before maturity,
and as to the terms and conditions upon which such declaration and its consequences may be waived;(9)to vest in any obligees
of the authority the right to enforce the payment of the bonds or any covenants securing or relating to the bonds;to vest in any
obligee or obligees holding a specified amount in bonds the right,in the event of a default by the authority,to take possession
of and use,operate,and manage any redevelopment project or any part thereof,title to which is in the authority,or any funds
connected therewith,and to collect the rents and revenue arising therefrom and to dispose of such money in accordance with the
agreement of the authority with such obligees;to provide for the powers and duties of such obligees and to limit the liabilities
thereof; and to provide the terms and conditions upon which such obligees may enforce any covenant or rights securing or
relating to the bonds;(10)to pledge all of the revenue from any occupation tax received or to be received with respect to any
enhanced employment area; and(11)to exercise all or any part or combination of the powers herein granted; to make such
covenants,other than and in addition to the covenants herein expressly authorized,and to do any and all such acts and things as
may be necessary or convenient or desirable in order to secure its bonds,or,in the absolute discretion of the authority,as will
tend to make the bonds more marketable notwithstanding that such covenants,acts,or things may not be enumerated herein.
Credits
Laws 1951,ch.224, § 11(1),p. 813;Laws 2007,LB 562,§7.
Codifications:R.R.S. 1943, § 14-1630;R.R.S. 1943, § 19-2630.
..,t'`1 ...'... i'euie;µ No claim in orfcinait_i.ti Government Works...,_._.,.....,.. .._,_....,._...-.,. I
1
undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2135. Federal government; contract for financial..., Neb.Rev.St.§18-2135
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development •
Neb.Rev.St.§ 18-2135
18-2135.Federal government;contract for financial assistance;default;effect of cure
In any contract for financial assistance with the federal government the authority may obligate itself,which obligation shall be
specifically enforceable and shall not constitute a mortgage,notwithstanding any other laws,to convey to the federal government
possession of or title to the redevelopment project and land therein to which such contract relates which is owned by the
authority,upon the occurrence of a substantial default,as defined in such contract,with respect to the covenants or conditions
to which the authority is subject; such contract may further provide that in case of such conveyance,the federal government
may complete,operate,manage,lease,convey,or otherwise deal with the redevelopment project in accordance with the terms
of such contract;Provided,that the contract requires that,as soon as practicable after the federal government is satisfied that
all defaults with respect to the redevelopment project have been cured and that the redevelopment project will thereafter be
operated in accordance with the terms of the contract,the federal government shall reconvey to the authority the redevelopment
project as then constituted.
Credits
Laws 1951,ch.224, § 15,p.817.
Codifications: R.R.S. 1943, § 14-1635;R.R.S. 1943, § 19-2635.
Neb.Rev.St. § 18-2135,NE ST§ 18-2135
Current through the 101st Legislature Second Regular Session 2010
End of 13crcumet;t 201 I Thomson Reuters.No claim to eri!gin;,i 11.S.Government Works.
•
.,.n..,.,,,..r}..,' ' i, =; irfr�Y< I`,No Ciriii"1';'l(7 originali..�,'`°"i, {��:J�/�;'i' l"1'.(:rl�\7�'(} .',wi,w,,..,.,M........ ......... ,,, .. I
lic or
_.private,_to_use_any.funds owned_orcontrolledby them_for the purchase of any such bonds or other obligations.However,nothing _..
contained in this section with regard to legal investments shall be construed as relieving any person of any duty of exercising
reasonable care in the selection of securities.
Credits
Laws 1951,ch.224, § 14,p.816.
Codifications: R.R.S. 1943, § 14-1634;R.R.S. 1943,§ 19-2634.
Neb.Rev.St.§ 18-2134,NE ST§ 18-2134
Current through the 101st Legislature Second Regular Session 2010
find of Document. :.Oi 1 lieutcas. claim;o original U.S.Citwiirrnnenl Works
I olisl Reuters....�No claim to
..,..`r g:..'r%._.,t 1_1,S. Government Works. .,,,,....,,......,.m,.... .,,._.. .�
ents of default and
terms and conditions upon which any or all of its bonds or obligations shall become or may be declared due before maturity,
and as to the terms and conditions upon which such declaration and its consequences may be waived;(9)to vest in any obligees
of the authority the right to enforce the payment of the bonds or any covenants securing or relating to the bonds;to vest in any
obligee or obligees holding a specified amount in bonds the right,in the event of a default by the authority,to take possession
of and use,operate,and manage any redevelopment project or any part thereof,title to which is in the authority,or any funds
connected therewith,and to collect the rents and revenue arising therefrom and to dispose of such money in accordance with the
agreement of the authority with such obligees;to provide for the powers and duties of such obligees and to limit the liabilities
thereof; and to provide the terms and conditions upon which such obligees may enforce any covenant or rights securing or
relating to the bonds;(10)to pledge all of the revenue from any occupation tax received or to be received with respect to any
enhanced employment area; and(11)to exercise all or any part or combination of the powers herein granted; to make such
covenants,other than and in addition to the covenants herein expressly authorized,and to do any and all such acts and things as
may be necessary or convenient or desirable in order to secure its bonds,or,in the absolute discretion of the authority,as will
tend to make the bonds more marketable notwithstanding that such covenants,acts,or things may not be enumerated herein.
Credits
Laws 1951,ch.224, § 11(1),p. 813;Laws 2007,LB 562,§7.
Codifications:R.R.S. 1943, § 14-1630;R.R.S. 1943, § 19-2630.
..,t'`1 ...'... i'euie;µ No claim in orfcinait_i.ti Government Works...,_._.,.....,.. .._,_....,._...-.,. I
1
undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2136. Property; exempt from execution, Web.Rev.St.§18-2136
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2136
18-2136.Property;exempt from execution
All property including funds of an authority shall be exempt from levy and sale by virtue of an execution,and no execution or
other judicial process shall issue against the same nor shall judgment against an authority be a charge or lien upon its property;
Provided,that the provisions of this section shall not apply to or limit the right of obligees to foreclose or otherwise enforce
any mortgage of an authority or the right of obligees to pursue any remedies for the enforcement of any pledge or lien given
by an authority on its rents,fees,grants,or revenue.
Credits
Laws 1951,ch.224,§ 16(1),p. 817.
Codifications: R.R.S. 1943,§ 14-1636;R.R.S. 1943,§ 19-2636.
Neb. Rev.St. § 18-2136,NE ST§ 18-2136
Current through the 101st Legislature Second Regular Session 2010
End of Document 7 10 i I Thomson Reuters.No claim to original U.S.Government Works.
•
a,.. 'i..,.�''.f ,Xt ... i V l(.I�`l!! � ';�ti:. 1\l�"t l I IVit to 1ti.i ,0 U Government Works, 'f
development project will thereafter be
operated in accordance with the terms of the contract,the federal government shall reconvey to the authority the redevelopment
project as then constituted.
Credits
Laws 1951,ch.224, § 15,p.817.
Codifications: R.R.S. 1943, § 14-1635;R.R.S. 1943, § 19-2635.
Neb.Rev.St. § 18-2135,NE ST§ 18-2135
Current through the 101st Legislature Second Regular Session 2010
End of 13crcumet;t 201 I Thomson Reuters.No claim to eri!gin;,i 11.S.Government Works.
•
.,.n..,.,,,..r}..,' ' i, =; irfr�Y< I`,No Ciriii"1';'l(7 originali..�,'`°"i, {��:J�/�;'i' l"1'.(:rl�\7�'(} .',wi,w,,..,.,M........ ......... ,,, .. I
lic or
_.private,_to_use_any.funds owned_orcontrolledby them_for the purchase of any such bonds or other obligations.However,nothing _..
contained in this section with regard to legal investments shall be construed as relieving any person of any duty of exercising
reasonable care in the selection of securities.
Credits
Laws 1951,ch.224, § 14,p.816.
Codifications: R.R.S. 1943, § 14-1634;R.R.S. 1943,§ 19-2634.
Neb.Rev.St.§ 18-2134,NE ST§ 18-2134
Current through the 101st Legislature Second Regular Session 2010
find of Document. :.Oi 1 lieutcas. claim;o original U.S.Citwiirrnnenl Works
I olisl Reuters....�No claim to
..,..`r g:..'r%._.,t 1_1,S. Government Works. .,,,,....,,......,.m,.... .,,._.. .�
ents of default and
terms and conditions upon which any or all of its bonds or obligations shall become or may be declared due before maturity,
and as to the terms and conditions upon which such declaration and its consequences may be waived;(9)to vest in any obligees
of the authority the right to enforce the payment of the bonds or any covenants securing or relating to the bonds;to vest in any
obligee or obligees holding a specified amount in bonds the right,in the event of a default by the authority,to take possession
of and use,operate,and manage any redevelopment project or any part thereof,title to which is in the authority,or any funds
connected therewith,and to collect the rents and revenue arising therefrom and to dispose of such money in accordance with the
agreement of the authority with such obligees;to provide for the powers and duties of such obligees and to limit the liabilities
thereof; and to provide the terms and conditions upon which such obligees may enforce any covenant or rights securing or
relating to the bonds;(10)to pledge all of the revenue from any occupation tax received or to be received with respect to any
enhanced employment area; and(11)to exercise all or any part or combination of the powers herein granted; to make such
covenants,other than and in addition to the covenants herein expressly authorized,and to do any and all such acts and things as
may be necessary or convenient or desirable in order to secure its bonds,or,in the absolute discretion of the authority,as will
tend to make the bonds more marketable notwithstanding that such covenants,acts,or things may not be enumerated herein.
Credits
Laws 1951,ch.224, § 11(1),p. 813;Laws 2007,LB 562,§7.
Codifications:R.R.S. 1943, § 14-1630;R.R.S. 1943, § 19-2630.
..,t'`1 ...'... i'euie;µ No claim in orfcinait_i.ti Government Works...,_._.,.....,.. .._,_....,._...-.,. I
1
undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2137. Property; exempt from taxation; payments in lieu of taxes,Neb.Rev.St.§ 18-2137
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2137
18-2137.Property;exempt from taxation;payments in lieu of taxes
The property of an authority is declared to be public property used for essential public and governmental purposes and shall be
exempt from all taxes.Whenever such authority shall purchase or acquire real property pursuant to sections 18-2101 to 18-2144,
the authority shall annually,so long as it shall continue to own such property,pay out of its revenue to the State of Nebraska,
county,city,township,school district or other taxing subdivision in which such real property is located,in lieu of taxes,a sum
equal to the amount which such state,county,city,township,school district or other taxing subdivision received from taxation
from such real property during the year immediately preceding the purchase or acquisition of such real property by the authority.
The county board of equalization may,in any year subsequent to the purchase or acquisition of such property by the authority,
determine the amount that said authority shall pay out of its revenue to the State of Nebraska and its several governmental
subdivisions in lieu of taxes, which sum shall be as justice and equity may require, notwithstanding the amount which the
state and its governmental subdivisions may have received from taxation during the year immediately preceding the purchase
or acquisition of such property; Provided, that with respect to any property in a redevelopment project, the tax exemption
provided herein shall terminate when the authority sells, leases, or otherwise disposes of such property to a redeveloper for
redevelopment.The members of the authority shall not incur any personal liability by reason of the making of such payments.
Credits
- . _- Laws.195-1,_ch.2244--16(2),-p.-818;Laws-1957,ch.52,-§-14,p.260: -_ ----------------- ---- - -
Codifications:ions:R.R.S. 1943, § 14-1637;R.R.S. 1943, § 19-2637.
Neb.Rev.St. § 18-2137,NE ST§ 18-2137
Current through the 101 st Legislature Second Regular Session 2010
1:rtd t41'1?ucu1nunr ^<' 2011 Thomson Rcutcrs.iNo claim to of ieinal U.S.Government Woks.
..._,..jJ"{1
Th
,.�" .,.....1` Re
l....j(,1 r\io claim to 0 rig
oYig tj,... ,µ...Government Work�.....
5
..1
im;o original U.S.Citwiirrnnenl Works
I olisl Reuters....�No claim to
..,..`r g:..'r%._.,t 1_1,S. Government Works. .,,,,....,,......,.m,.... .,,._.. .�
ents of default and
terms and conditions upon which any or all of its bonds or obligations shall become or may be declared due before maturity,
and as to the terms and conditions upon which such declaration and its consequences may be waived;(9)to vest in any obligees
of the authority the right to enforce the payment of the bonds or any covenants securing or relating to the bonds;to vest in any
obligee or obligees holding a specified amount in bonds the right,in the event of a default by the authority,to take possession
of and use,operate,and manage any redevelopment project or any part thereof,title to which is in the authority,or any funds
connected therewith,and to collect the rents and revenue arising therefrom and to dispose of such money in accordance with the
agreement of the authority with such obligees;to provide for the powers and duties of such obligees and to limit the liabilities
thereof; and to provide the terms and conditions upon which such obligees may enforce any covenant or rights securing or
relating to the bonds;(10)to pledge all of the revenue from any occupation tax received or to be received with respect to any
enhanced employment area; and(11)to exercise all or any part or combination of the powers herein granted; to make such
covenants,other than and in addition to the covenants herein expressly authorized,and to do any and all such acts and things as
may be necessary or convenient or desirable in order to secure its bonds,or,in the absolute discretion of the authority,as will
tend to make the bonds more marketable notwithstanding that such covenants,acts,or things may not be enumerated herein.
Credits
Laws 1951,ch.224, § 11(1),p. 813;Laws 2007,LB 562,§7.
Codifications:R.R.S. 1943, § 14-1630;R.R.S. 1943, § 19-2630.
..,t'`1 ...'... i'euie;µ No claim in orfcinait_i.ti Government Works...,_._.,.....,.. .._,_....,._...-.,. I
1
undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
ti
18-2138. Public body;cooperate in planning; powers, Neb.Rev.St.§ 18-2138
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2138
18-2138. Public body;cooperate in planning;powers
In addition to any other provisions governing any public body set forth in sections 18-2101 to 18-2144 and 18-2147 to 18-2151,
for the purpose of aiding and cooperating in the planning, undertaking, or carrying out of a redevelopment project located
within the area in which it is authorized to act,any public body may,upon such terms,with or without consideration,as it may
determine: (1) Dedicate, sell, convey, or lease any of its interest in any property, or grant easements, licenses, or any other
rights or privileges therein to an authority; (2)cause parks,playgrounds,recreational, community, educational,water, sewer
or drainage facilities,or any other works which it is otherwise empowered to undertake,to be furnished in connection with a
redevelopment project;(3)furnish,dedicate,close,vacate,pave,install,grade,regrade,plan,or replan streets,roads,sidewalks,
ways,or other places,which it is otherwise empowered to undertake;(4)plan or replan,zone or rezone any part of the public
body,or make exceptions from building regulations and ordinances if such functions are of the character which the public body
is otherwise empowered to perform;(5)cause administrative and other services to be furnished to the authority of the character
which the public body is otherwise empowered to undertake or furnish for the same or other purposes; (6) incur the entire
expense of any public improvements made by such public body in exercising the powers granted in this section;(7)do any and
all things necessary or convenient to aid and cooperate in the planning or carrying out of a redevelopment plan;(8)lend,grant,
or contribute funds to an authority; (9) employ any funds belonging to or within the control of such public body, including
funds derived from the sale or furnishing ojproperty,.service,or facilities to an authority,in the purchase of the bonds or other
obligations of an authority and,as the holder of such bonds or other obligations,exercise the rights connected therewith;and
(10)enter into agreements,which may extend over any period,notwithstanding any provision or rule of law to the contrary,
with an authority respecting action to be taken by such public body pursuant to any of the powers granted by the provisions of
sections 18-2101 to 18-2144. If at any time title to,or possession of,any redevelopment project is held by any public body or
governmental agency,other than the authority,authorized by law to engage in the undertaking,carrying out or administration
of redevelopment projects, including any agency or instrumentality of the United States of America,the provisions of such
agreements shall inure to the benefit of and may be enforced by such public body or governmental agency.
Credits
Laws 1951,ch.224, § 17(1),p. 818;Laws 1979,LB 158,§8.
Codifications:R.R.S. 1943,§ 14-1638;R.R.S. 1943, § 19-2638.
Neb.Rev.St. § 18-2138,NE ST§ 18-2138
Current through the 101st Legislature Second Regular Session 2010
End of Dth.rnmtt! 2n!1 Thomson Rcuicrs.No claim to ortotttal I1.S.Goverom nt Work:,
•
2011 Thomson Re11teo . Noy cia rr;to erkjiiliai U._ L overninent Works i
ing therefrom and to dispose of such money in accordance with the
agreement of the authority with such obligees;to provide for the powers and duties of such obligees and to limit the liabilities
thereof; and to provide the terms and conditions upon which such obligees may enforce any covenant or rights securing or
relating to the bonds;(10)to pledge all of the revenue from any occupation tax received or to be received with respect to any
enhanced employment area; and(11)to exercise all or any part or combination of the powers herein granted; to make such
covenants,other than and in addition to the covenants herein expressly authorized,and to do any and all such acts and things as
may be necessary or convenient or desirable in order to secure its bonds,or,in the absolute discretion of the authority,as will
tend to make the bonds more marketable notwithstanding that such covenants,acts,or things may not be enumerated herein.
Credits
Laws 1951,ch.224, § 11(1),p. 813;Laws 2007,LB 562,§7.
Codifications:R.R.S. 1943, § 14-1630;R.R.S. 1943, § 19-2630.
..,t'`1 ...'... i'euie;µ No claim in orfcinait_i.ti Government Works...,_._.,.....,.. .._,_....,._...-.,. I
1
undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2139. Public body;sale, conveyance, lease, or...,Neb.Rev.St.§ 18-2139
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages; Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2139
18-2139. Public body;sale,conveyance,lease,or agreement;how made
Any sale,conveyance, lease,or agreement provided for in section 18-2138 may be made by a public body without appraisal,
public notice,advertisement,or public bidding.
Credits
Laws 1951,ch.224,§ 17(2),p.819.
Codifications:R.R.S. 1943, § 14-1639;R.R.S. 1943,§ 19-2639.
Neb.Rev. St. § 18-2139,NE ST§ 18-2139
Current through the 101st Legislature Second Regular Session 2010
Cud of Document.
2011 Thomson Reuters.No claim to original 1.1.S.Government Works.
No claim to originl :J ,. Government W
Works.
uf...
18-2140. Estimate of expenditures; cities; grant funds; levy...,Neb.Rev.St.§ 18-2140
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 1.8.Cities and Villages;Laws Applicable to All
Article 21.Community Development .
Neb.Rev.St.§18-2140
18-2140. Estimate of expenditures;cities;grant funds;levy taxes;issue bonds
An authority may,at such time as it may deem necessary,file with the governing body an estimate of the amounts necessary
to be appropriated by the governing body to defray the expense of the authority. The governing body of such city is hereby
authorized,in its discretion,to appropriate from its general fund and to place at the disposal of the authority an amount sufficient
to assist in defraying such expense.Any city located within the area of operation of an authority may grant funds to an authority
for the purpose of aiding such authority in carrying out any of its powers and functions under the provisions of sections 18-2101
to 18-2144.To obtain funds for this purpose,the city may levy taxes and may issue and sell its bonds.Any bonds to be issued
by the city pursuant to the provisions of this section shall be issued in the manner and within the limitations,except as otherwise
provided by sections 18-2101 to 18-2144,prescribed by the laws of this state for the issuance and authorization of bonds by
a city for any public purpose.
Credits
Laws 1951,ch.224,§ 18,p. 819;Laws 1961,ch.61,§ 15,p.241.
Codifications:R.R.S. 1943, § 14-1640;R.R.S. 1943,§ 19-2640.
- -- - Neb--Rev.-St-§-1-8-2140;NE S-T-§-1-8-2-140 - - -
Current through the 101st Legislature Second Regular Session 2010
F;UCi of Document r.1201 Thomson Reuhtrs.No claim io original U.S.Government Works.
C`^''}..,,.... .,..,,.._.,.»»,..,{•;£?t3iFlf"f. (•.I.' cIf13(n ('i iflf.,jil;tj Government�t�,.'`i)i�iS:'....,,,,»,»,,,,»,».»».,..,,,.�»,,.,,_..............1
(c 2 1 . Thomson , .. .
to an authority; (9) employ any funds belonging to or within the control of such public body, including
funds derived from the sale or furnishing ojproperty,.service,or facilities to an authority,in the purchase of the bonds or other
obligations of an authority and,as the holder of such bonds or other obligations,exercise the rights connected therewith;and
(10)enter into agreements,which may extend over any period,notwithstanding any provision or rule of law to the contrary,
with an authority respecting action to be taken by such public body pursuant to any of the powers granted by the provisions of
sections 18-2101 to 18-2144. If at any time title to,or possession of,any redevelopment project is held by any public body or
governmental agency,other than the authority,authorized by law to engage in the undertaking,carrying out or administration
of redevelopment projects, including any agency or instrumentality of the United States of America,the provisions of such
agreements shall inure to the benefit of and may be enforced by such public body or governmental agency.
Credits
Laws 1951,ch.224, § 17(1),p. 818;Laws 1979,LB 158,§8.
Codifications:R.R.S. 1943,§ 14-1638;R.R.S. 1943, § 19-2638.
Neb.Rev.St. § 18-2138,NE ST§ 18-2138
Current through the 101st Legislature Second Regular Session 2010
End of Dth.rnmtt! 2n!1 Thomson Rcuicrs.No claim to ortotttal I1.S.Goverom nt Work:,
•
2011 Thomson Re11teo . Noy cia rr;to erkjiiliai U._ L overninent Works i
ing therefrom and to dispose of such money in accordance with the
agreement of the authority with such obligees;to provide for the powers and duties of such obligees and to limit the liabilities
thereof; and to provide the terms and conditions upon which such obligees may enforce any covenant or rights securing or
relating to the bonds;(10)to pledge all of the revenue from any occupation tax received or to be received with respect to any
enhanced employment area; and(11)to exercise all or any part or combination of the powers herein granted; to make such
covenants,other than and in addition to the covenants herein expressly authorized,and to do any and all such acts and things as
may be necessary or convenient or desirable in order to secure its bonds,or,in the absolute discretion of the authority,as will
tend to make the bonds more marketable notwithstanding that such covenants,acts,or things may not be enumerated herein.
Credits
Laws 1951,ch.224, § 11(1),p. 813;Laws 2007,LB 562,§7.
Codifications:R.R.S. 1943, § 14-1630;R.R.S. 1943, § 19-2630.
..,t'`1 ...'... i'euie;µ No claim in orfcinait_i.ti Government Works...,_._.,.....,.. .._,_....,._...-.,. I
1
undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2141. instrument of conveyance; execution; effect, Neb.Rev.St.§18-2141
West's Revised Statutes of Nebraska Annotated Currentness •
Chapter 18.Cities and Villages; Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§ 18-2141
18-2141.Instrument of conveyance;execution;effect
Any instrument executed by an authority and purporting to convey any right,title,or interest in any property under sections
18-2101 to 18-2144 shall be conclusive evidence of compliance with the provisions of sections 18-2101 to 18-2144 insofar as
title or other interest of any bona fide purchasers,lessees,or other transferees of such property is concerned.
Credits
Laws 1951,ch. 224, § 19,p.820.
Codifications: R.R.S. 1943,§ 14-1641;R.R.S. 1943, § 19-2641.
Neb.Rev.St. § 18-2141,NE ST§ 18-2141
Current through the 101st Legislature Second Regular Session 2010
Enci of Document 201 I'iLomson Reuters.\c)claim to original I.;.S.(overnnuati Works.
•
.,..-i;��...,,,,.....,...,.,..._„�,.1..,_.....µj,_...,,_-c.,..,.,<...,.,..,,,I n claim to.:..,o_..r g,.�'i. .'._ G ov9
{'mr,'.,..r
t. t...
thin the limitations,except as otherwise
provided by sections 18-2101 to 18-2144,prescribed by the laws of this state for the issuance and authorization of bonds by
a city for any public purpose.
Credits
Laws 1951,ch.224,§ 18,p. 819;Laws 1961,ch.61,§ 15,p.241.
Codifications:R.R.S. 1943, § 14-1640;R.R.S. 1943,§ 19-2640.
- -- - Neb--Rev.-St-§-1-8-2140;NE S-T-§-1-8-2-140 - - -
Current through the 101st Legislature Second Regular Session 2010
F;UCi of Document r.1201 Thomson Reuhtrs.No claim io original U.S.Government Works.
C`^''}..,,.... .,..,,.._.,.»»,..,{•;£?t3iFlf"f. (•.I.' cIf13(n ('i iflf.,jil;tj Government�t�,.'`i)i�iS:'....,,,,»,»,,,,»,».»».,..,,,.�»,,.,,_..............1
(c 2 1 . Thomson , .. .
to an authority; (9) employ any funds belonging to or within the control of such public body, including
funds derived from the sale or furnishing ojproperty,.service,or facilities to an authority,in the purchase of the bonds or other
obligations of an authority and,as the holder of such bonds or other obligations,exercise the rights connected therewith;and
(10)enter into agreements,which may extend over any period,notwithstanding any provision or rule of law to the contrary,
with an authority respecting action to be taken by such public body pursuant to any of the powers granted by the provisions of
sections 18-2101 to 18-2144. If at any time title to,or possession of,any redevelopment project is held by any public body or
governmental agency,other than the authority,authorized by law to engage in the undertaking,carrying out or administration
of redevelopment projects, including any agency or instrumentality of the United States of America,the provisions of such
agreements shall inure to the benefit of and may be enforced by such public body or governmental agency.
Credits
Laws 1951,ch.224, § 17(1),p. 818;Laws 1979,LB 158,§8.
Codifications:R.R.S. 1943,§ 14-1638;R.R.S. 1943, § 19-2638.
Neb.Rev.St. § 18-2138,NE ST§ 18-2138
Current through the 101st Legislature Second Regular Session 2010
End of Dth.rnmtt! 2n!1 Thomson Rcuicrs.No claim to ortotttal I1.S.Goverom nt Work:,
•
2011 Thomson Re11teo . Noy cia rr;to erkjiiliai U._ L overninent Works i
ing therefrom and to dispose of such money in accordance with the
agreement of the authority with such obligees;to provide for the powers and duties of such obligees and to limit the liabilities
thereof; and to provide the terms and conditions upon which such obligees may enforce any covenant or rights securing or
relating to the bonds;(10)to pledge all of the revenue from any occupation tax received or to be received with respect to any
enhanced employment area; and(11)to exercise all or any part or combination of the powers herein granted; to make such
covenants,other than and in addition to the covenants herein expressly authorized,and to do any and all such acts and things as
may be necessary or convenient or desirable in order to secure its bonds,or,in the absolute discretion of the authority,as will
tend to make the bonds more marketable notwithstanding that such covenants,acts,or things may not be enumerated herein.
Credits
Laws 1951,ch.224, § 11(1),p. 813;Laws 2007,LB 562,§7.
Codifications:R.R.S. 1943, § 14-1630;R.R.S. 1943, § 19-2630.
..,t'`1 ...'... i'euie;µ No claim in orfcinait_i.ti Government Works...,_._.,.....,.. .._,_....,._...-.,. I
1
undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2142. Repealed by Laws 1997, LB 875,§21,Neb.Rev.St.§ 18-2142
West's Revised Statutes of Nebraska Annotated Currentness
•
Chapter 18.Cities and Villages; Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2142
18-2142.Repealed by Laws 1997,LB 875,§21
18-2142. Repealed by Laws 1997, LB 875,§21
Neb.Rev. St. § 18-2142,NE ST§ 18-2142
Current through the 101 st Legislature Second Regular Session 2010
End of Document •
20 Thonricm Rulers.No claim to original U.S.Govccnnunr\\Wks.
T='a`....?.i� ,,,.�<.�k...,.M.............m.....,....,,m_.,.....,..m.,,_.........w,y.,.....,.,.,�...,w...,.,.,.:,rw..,..,�...,,�.,,.,w....,.._,,..,.,,.,..,_.,......,..�,,,,,,,,,m,,,,.......�.,.„,.,,.,,,.,w.,...,.N,w_.,.,.,.,.,..,.�...,.,,.,.,...,.,.._,,,....,,�,m,,,,�.,,.w,m.„....,.,m�....,»».....,__....�.,.,�.,.,.,,w,,,.
i?orr . t iY �,. it- ... ) �iJ i.l � 1�= .Jl l�i!a� �� ,.�. �.,;,it,\r�il Cl�fjil}fi Works.
�, 1.
.,..,,,I n claim to.:..,o_..r g,.�'i. .'._ G ov9
{'mr,'.,..r
t. t...
thin the limitations,except as otherwise
provided by sections 18-2101 to 18-2144,prescribed by the laws of this state for the issuance and authorization of bonds by
a city for any public purpose.
Credits
Laws 1951,ch.224,§ 18,p. 819;Laws 1961,ch.61,§ 15,p.241.
Codifications:R.R.S. 1943, § 14-1640;R.R.S. 1943,§ 19-2640.
- -- - Neb--Rev.-St-§-1-8-2140;NE S-T-§-1-8-2-140 - - -
Current through the 101st Legislature Second Regular Session 2010
F;UCi of Document r.1201 Thomson Reuhtrs.No claim io original U.S.Government Works.
C`^''}..,,.... .,..,,.._.,.»»,..,{•;£?t3iFlf"f. (•.I.' cIf13(n ('i iflf.,jil;tj Government�t�,.'`i)i�iS:'....,,,,»,»,,,,»,».»».,..,,,.�»,,.,,_..............1
(c 2 1 . Thomson , .. .
to an authority; (9) employ any funds belonging to or within the control of such public body, including
funds derived from the sale or furnishing ojproperty,.service,or facilities to an authority,in the purchase of the bonds or other
obligations of an authority and,as the holder of such bonds or other obligations,exercise the rights connected therewith;and
(10)enter into agreements,which may extend over any period,notwithstanding any provision or rule of law to the contrary,
with an authority respecting action to be taken by such public body pursuant to any of the powers granted by the provisions of
sections 18-2101 to 18-2144. If at any time title to,or possession of,any redevelopment project is held by any public body or
governmental agency,other than the authority,authorized by law to engage in the undertaking,carrying out or administration
of redevelopment projects, including any agency or instrumentality of the United States of America,the provisions of such
agreements shall inure to the benefit of and may be enforced by such public body or governmental agency.
Credits
Laws 1951,ch.224, § 17(1),p. 818;Laws 1979,LB 158,§8.
Codifications:R.R.S. 1943,§ 14-1638;R.R.S. 1943, § 19-2638.
Neb.Rev.St. § 18-2138,NE ST§ 18-2138
Current through the 101st Legislature Second Regular Session 2010
End of Dth.rnmtt! 2n!1 Thomson Rcuicrs.No claim to ortotttal I1.S.Goverom nt Work:,
•
2011 Thomson Re11teo . Noy cia rr;to erkjiiliai U._ L overninent Works i
ing therefrom and to dispose of such money in accordance with the
agreement of the authority with such obligees;to provide for the powers and duties of such obligees and to limit the liabilities
thereof; and to provide the terms and conditions upon which such obligees may enforce any covenant or rights securing or
relating to the bonds;(10)to pledge all of the revenue from any occupation tax received or to be received with respect to any
enhanced employment area; and(11)to exercise all or any part or combination of the powers herein granted; to make such
covenants,other than and in addition to the covenants herein expressly authorized,and to do any and all such acts and things as
may be necessary or convenient or desirable in order to secure its bonds,or,in the absolute discretion of the authority,as will
tend to make the bonds more marketable notwithstanding that such covenants,acts,or things may not be enumerated herein.
Credits
Laws 1951,ch.224, § 11(1),p. 813;Laws 2007,LB 562,§7.
Codifications:R.R.S. 1943, § 14-1630;R.R.S. 1943, § 19-2630.
..,t'`1 ...'... i'euie;µ No claim in orfcinait_i.ti Government Works...,_._.,.....,.. .._,_....,._...-.,. I
1
undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2142.01.Validity and enforceability of bonds and..., Neb.Rev.St.§...
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2142.01
18-2142.01.Validity and enforceability of bonds and agreements;presumption
(1)In any suit,action,or proceeding involving the validity or enforceability of any bond of a city,village,or authority or the
security therefor brought after the lapse of thirty days after the issuance of such bonds has been authorized, any such bond
reciting in substance that it has been authorized by the city,village,or authority to aid in financing a redevelopment project shall
be conclusively deemed to have been authorized for such purpose and such redevelopment project shall be conclusively deemed
to have been planned,located,and carried out in accordance with the purposes and provisions of the Community Development
Law and sections 18-2145 to 18-2154.
(2)In any suit, action,or proceeding involving the validity or enforceability of any agreement of a city,village,or authority
brought after the lapse of thirty days after the agreement has been formally entered into,any such agreement reciting in substance
that it has been entered into by the city,village,or authority to provide financing for an approved redevelopment project shall
be conclusively deemed to have been entered into for such purpose and such project shall be conclusively deemed to have been
planned, located, and carried out in accordance with the purposes and provisions of the Community Development Law and
sections 18-2145 to 18-2154.
Credits
Laws 1997,LB 875, § 16.
Notes of Decisions(1)
Neb. Rev. St. § 18-2142.01,NE ST§ 18-2142.01
Current through the 101 st Legislature Second Regular Session 2010
Lint of Document P'201 I Thomson Rooters.No claim in original U.S.Ciuvcrnincnr forks.
`:}A ::..=i.c`<Y I:V i✓ 21_V i �f- ,Vf..t�,> s�'".r `......................No (:�.,,.. 4 rs Y......,,,....,'.:,., i fi,,......,.....,,.,..,_.,Works.
`i'A,.,,,,...,...,,,.......w.......,,,...,w .w..,...,,.,...,...,.,, w,..,
h .so .`tC . lo.1 .. C original ..,.... Government dolks. .
ions,exercise the rights connected therewith;and
(10)enter into agreements,which may extend over any period,notwithstanding any provision or rule of law to the contrary,
with an authority respecting action to be taken by such public body pursuant to any of the powers granted by the provisions of
sections 18-2101 to 18-2144. If at any time title to,or possession of,any redevelopment project is held by any public body or
governmental agency,other than the authority,authorized by law to engage in the undertaking,carrying out or administration
of redevelopment projects, including any agency or instrumentality of the United States of America,the provisions of such
agreements shall inure to the benefit of and may be enforced by such public body or governmental agency.
Credits
Laws 1951,ch.224, § 17(1),p. 818;Laws 1979,LB 158,§8.
Codifications:R.R.S. 1943,§ 14-1638;R.R.S. 1943, § 19-2638.
Neb.Rev.St. § 18-2138,NE ST§ 18-2138
Current through the 101st Legislature Second Regular Session 2010
End of Dth.rnmtt! 2n!1 Thomson Rcuicrs.No claim to ortotttal I1.S.Goverom nt Work:,
•
2011 Thomson Re11teo . Noy cia rr;to erkjiiliai U._ L overninent Works i
ing therefrom and to dispose of such money in accordance with the
agreement of the authority with such obligees;to provide for the powers and duties of such obligees and to limit the liabilities
thereof; and to provide the terms and conditions upon which such obligees may enforce any covenant or rights securing or
relating to the bonds;(10)to pledge all of the revenue from any occupation tax received or to be received with respect to any
enhanced employment area; and(11)to exercise all or any part or combination of the powers herein granted; to make such
covenants,other than and in addition to the covenants herein expressly authorized,and to do any and all such acts and things as
may be necessary or convenient or desirable in order to secure its bonds,or,in the absolute discretion of the authority,as will
tend to make the bonds more marketable notwithstanding that such covenants,acts,or things may not be enumerated herein.
Credits
Laws 1951,ch.224, § 11(1),p. 813;Laws 2007,LB 562,§7.
Codifications:R.R.S. 1943, § 14-1630;R.R.S. 1943, § 19-2630.
..,t'`1 ...'... i'euie;µ No claim in orfcinait_i.ti Government Works...,_._.,.....,.. .._,_....,._...-.,. I
1
undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2142.02. Enhanced employment area; redevelopment...,Neb.Rev.St.§...
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development •
Neb.Rev.St.§18-2142.02
18-2142.02. Enhanced employment area;redevelopment project;levy •
of general business occupation tax authorized;governing body;powers
A city may levy a general business occupation tax upon the businesses and users of space within an enhanced employment
area for the purpose of paying all or any part of the costs and expenses of any redevelopment project within such enhanced
employment area.For purposes of the tax imposed under this•section,the governing body may make a reasonable classification
of businesses,users of space,or kinds of transactions.The collection of a tax imposed pursuant to this section shall be made and
enforced in such a manner as the governing body shall by ordinance determine to produce the required revenue.The governing
body may provide that failure to pay the tax imposed pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.Any such occupation tax agreed to by the authority
and the city shall remain in effect so long as the authority has bonds outstanding which have been issued stating such occupation
tax as an available source for payment.
Credits
Laws 2007,LB 562, § 8.
Neb.Rev.St. § 18-2142.02,NE ST§ 18-2142.02
Current through the 101st Legislature Second Regular Session 2010 •
4Cttd of Dgcttrntmf ]h j I'Thomson flowers.No claim to original U.S.Goy ernn)ont Works.
•
}2.011 ,i1(nmo ). k(l terS No claim to original 1I.S Government lrL;br{Cs 1
t Legislature Second Regular Session 2010
Lint of Document P'201 I Thomson Rooters.No claim in original U.S.Ciuvcrnincnr forks.
`:}A ::..=i.c`<Y I:V i✓ 21_V i �f- ,Vf..t�,> s�'".r `......................No (:�.,,.. 4 rs Y......,,,....,'.:,., i fi,,......,.....,,.,..,_.,Works.
`i'A,.,,,,...,...,,,.......w.......,,,...,w .w..,...,,.,...,...,.,, w,..,
h .so .`tC . lo.1 .. C original ..,.... Government dolks. .
ions,exercise the rights connected therewith;and
(10)enter into agreements,which may extend over any period,notwithstanding any provision or rule of law to the contrary,
with an authority respecting action to be taken by such public body pursuant to any of the powers granted by the provisions of
sections 18-2101 to 18-2144. If at any time title to,or possession of,any redevelopment project is held by any public body or
governmental agency,other than the authority,authorized by law to engage in the undertaking,carrying out or administration
of redevelopment projects, including any agency or instrumentality of the United States of America,the provisions of such
agreements shall inure to the benefit of and may be enforced by such public body or governmental agency.
Credits
Laws 1951,ch.224, § 17(1),p. 818;Laws 1979,LB 158,§8.
Codifications:R.R.S. 1943,§ 14-1638;R.R.S. 1943, § 19-2638.
Neb.Rev.St. § 18-2138,NE ST§ 18-2138
Current through the 101st Legislature Second Regular Session 2010
End of Dth.rnmtt! 2n!1 Thomson Rcuicrs.No claim to ortotttal I1.S.Goverom nt Work:,
•
2011 Thomson Re11teo . Noy cia rr;to erkjiiliai U._ L overninent Works i
ing therefrom and to dispose of such money in accordance with the
agreement of the authority with such obligees;to provide for the powers and duties of such obligees and to limit the liabilities
thereof; and to provide the terms and conditions upon which such obligees may enforce any covenant or rights securing or
relating to the bonds;(10)to pledge all of the revenue from any occupation tax received or to be received with respect to any
enhanced employment area; and(11)to exercise all or any part or combination of the powers herein granted; to make such
covenants,other than and in addition to the covenants herein expressly authorized,and to do any and all such acts and things as
may be necessary or convenient or desirable in order to secure its bonds,or,in the absolute discretion of the authority,as will
tend to make the bonds more marketable notwithstanding that such covenants,acts,or things may not be enumerated herein.
Credits
Laws 1951,ch.224, § 11(1),p. 813;Laws 2007,LB 562,§7.
Codifications:R.R.S. 1943, § 14-1630;R.R.S. 1943, § 19-2630.
..,t'`1 ...'... i'euie;µ No claim in orfcinait_i.ti Government Works...,_._.,.....,.. .._,_....,._...-.,. I
1
undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2142.03. Enhanced employment area; use of eminent..., Neb.Rev.St.§...
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2142.03
18-2142.03. Enhanced employment area;use of eminent domain prohibited.
Eminent domain shall not be used to acquire property that will be transferred to a private party in the enhanced employment area.
Credits
Laws 2007,LB 562,§9.
Neb. Rev.St. § 18-2142.03,NE ST§ 18-2142.03
Current through the 101st Legislature Second Regular Session 2010
End of Dveuntent 20i 1 Thomson Rk•utrrs.No claim to original U.S.Government Works.
•
`, .. .:i..:.V Nei t 2011 nomso€l Renters. No clair: to original U .S. Government`I/or l<s;. 1
ernment Works.
No claim to originl :J ,. Government W
Works.
uf...
18-2142.04. Enhanced employment area; authorized work..., Neb.Rev.St.§...
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
•
Article 21.Community Development
Neb.Rev.St.§18-2142.04
18-214.2.04. Enhanced employment area;authorized work within area;levy of general business
occupation tax authorized;governing body;powers;revenue bonds authorized;terms and conditions
(1)For purposes of this section:
(a)Authorized work means the performance of any one or more of the following purposes within an enhanced employment
area designated pursuant to this section:
(i) The acquisition, construction, maintenance, and operation of public offstreet parking facilities for the benefit of the
enhanced employment area;
(ii) Improvement of any public place or facility in the enhanced employment area, including landscaping, physical
improvements for decoration or security purposes,and plantings;
(iii) Construction or installation of pedestrian shopping malls or plazas,sidewalks or moving sidewalks,parks,meeting
and display facilities,bus stop shelters,lighting,benches or other seating furniture,sculptures,trash receptacles,shelters,
fountains, skywalks, and pedestrian and vehicular overpasses and underpasses, and any useful or necessary public
improvements;
(iv)Leasing,acquiring,constructing,reconstructing,extending,maintaining,or repairing parking lots or parking garages,
both above and below ground,or other facilities for the parking of vehicles,including the power to install such facilities
in public areas,whether such areas are owned in fee or by easement,in the enhanced employment area;
(v)Creation and implementation of a plan for improving the general architectural design of public areas in the enhanced
employment area;
(vi)The development of any public activities and promotion of public events,including the management,promotion,and
advocacy of retail trade activities or other promotional activities,in the enhanced employment area;
(vii)Maintenance,repair,and reconstruction of any improvements or facilities authorized by the Community Development
Law;
(viii)Any other project or undertaking for the betterment of the public facilities in the enhanced employment area,whether
the project is capital or noncapital in nature;
(ix)Enforcement of parking regulations and the provision of security within the enhanced employment area;or
(x)Employing or contracting for personnel,including administrators for any improvement program under the Community
Development Law,and providing for any service as may be necessary or proper to carry out the purposes of the Community
Development Law;
(b)Employee means a person employed at a business located within an enhanced employment area;and
,.,.•--^`..:i�i*sc'�lt?}."` C; f'�i�'�+..��'�� Reuters,
-1��..,.�r .,..No claim i�:1. � `)"I Ci� I t t:y i".',:.mm-:ri i`'e''i''i��,.... '. .....,,...,,..,,...,.,w........,.,..,,. ..,.... ...,.,....,..,.
`s s,. ext. . 2.. . 1 o av'il R.,..tor . . .o ..laim to o .,Ilia s..1 S. ,.ovo�, me....
nd of Dth.rnmtt! 2n!1 Thomson Rcuicrs.No claim to ortotttal I1.S.Goverom nt Work:,
•
2011 Thomson Re11teo . Noy cia rr;to erkjiiliai U._ L overninent Works i
ing therefrom and to dispose of such money in accordance with the
agreement of the authority with such obligees;to provide for the powers and duties of such obligees and to limit the liabilities
thereof; and to provide the terms and conditions upon which such obligees may enforce any covenant or rights securing or
relating to the bonds;(10)to pledge all of the revenue from any occupation tax received or to be received with respect to any
enhanced employment area; and(11)to exercise all or any part or combination of the powers herein granted; to make such
covenants,other than and in addition to the covenants herein expressly authorized,and to do any and all such acts and things as
may be necessary or convenient or desirable in order to secure its bonds,or,in the absolute discretion of the authority,as will
tend to make the bonds more marketable notwithstanding that such covenants,acts,or things may not be enumerated herein.
Credits
Laws 1951,ch.224, § 11(1),p. 813;Laws 2007,LB 562,§7.
Codifications:R.R.S. 1943, § 14-1630;R.R.S. 1943, § 19-2630.
..,t'`1 ...'... i'euie;µ No claim in orfcinait_i.ti Government Works...,_._.,.....,.. .._,_....,._...-.,. I
1
undertakings
and activities in one or more community redevelopment areas which are planned and carried out on the basis of annual
......,,,,w,..1.
;:s:.�._.1...rxt,.,,...,._2 '' ;i.,..-h.,.,o'r;.'o.,.n r ;f,i. r No c....iAim....'t.1. `li7ii';ci ?tLiiiinf 'fi Wic14s ,.. ....,,....,,.. � 2
onds issued pursuant to section 18-2142.04;
1 ..Ne4-t- ,i t 1 'E'h.-.i?'lson i i.'l}i 1r'. No cb. to i of ` G Wo
rks.s ..`i f�.Ilc i,J..:�. J�i�\'�.��i�iU%i;� J�� irk,',
18-2142.04. Enhanced employment area; authorized work..., Neb.Rev.St.§...
(c)Number of new employees means the number of equivalent employees that are employed at a business located within an
enhanced employment area designated pursuant to this section during a year that are in excess of the number of equivalent
employees during the year immediately prior to the year the enhanced employment area was designated pursuant to this
section.
(2)If an area is not blighted or substandard,a city may designate an area as an enhanced employment area if the governing body
determines that new investment within such enhanced employment area will result in at least(a)two new employees and new
investment of one hundred twenty-five thousand dollars in counties with fewer than fifteen thousand inhabitants,(b)five new
employees and new investment of two hundred fifty thousand dollars in counties with at least fifteen thousand inhabitants but
fewer than twenty-five thousand inhabitants, (c)ten new employees and new investment of five hundred thousand dollars in
counties with at least twenty-five thousand inhabitants but fewer than fifty thousand inhabitants,(d)fifteen new employees and
new investment of one million dollars in counties with at least fifty thousand inhabitants but fewer than one hundred thousand
inhabitants, (e)twenty new employees and new investment of one million five hundred thousand dollars in counties with at
least one hundred thousand inhabitants but fewer than two hundred thousand inhabitants, (f)twenty-five new employees and
new investment of two million dollars in counties with at least two hundred thousand inhabitants but fewer than four hundred
thousand inhabitants, or(g)thirty new employees and new investment of three million dollars in counties with at least four
hundred thousand inhabitants. Any business that has one hundred thirty-five thousand square feet or more and annual gross
sales of ten million dollars or more shall provide an employer-provided health benefit of at least three thousand dollars annually
to all new employees who are working thirty hours per week or more on average and have been employed at least six months.
In making such determination, the governing body may rely upon written undertakings provided by any owner of property
within such area.
(3) Upon designation of an enhanced employment area under this section, a city may levy a general business occupation tax
upon the businesses and users of space within such enhanced employment area for the purpose of paying all or any part of the
costs and expenses of authorized work within such enhanced employment area. For purposes of the tax imposed under this
section, the governing body may make a reasonable classification of businesses,users of space,or kinds of transactions. The
collection of a tax imposed pursuant to this section shall be made and enforced in such a manner as the governing_body-shall- -
by ordinance determine to_produce-the-required revenue.-Tliegoi4ining body may
impose
pursuant to this section shall constitute a violation of the ordinance and subject the violator that
failurea fine orothe punishment as
provided by ordinance. Any occupation tax levied by the city under this section shall remain in effect so long as the city has
bonds outstanding which have been issued under the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount of occupation taxes levied shall not exceed
the total costs and expenses of the authorized work including the total debt service requirements of any bonds the proceeds of
which are expended for or allocated to such authorized work. The assessments or taxes levied must be specified by ordinance
and the proceeds shall not be used for any purpose other than the making of such improvements and for the repayment of bonds
issued in whole or in part for the financing of such improvements. The authority to levy the general business occupation tax
contained in this section and the authority to issue bonds secured by or payable from such occupation tax shall be independent
of and separate from any occupation tax referenced in section 18-2103.
(4)A city may issue revenue bonds for the purpose of defraying the cost of authorized work and to secure the payment of such
bonds with the occupation tax revenue described in this section. Such revenue bonds may be issued in one or more series or
issues where deemed advisable,and each such series or issue may contain different maturity dates,interest rates,priorities on
revenue available for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
\i
•18-2142.04.Enhanced employment area; authorized work..., Neb.Rev.St.§...
(b)Such bonds may(i)be executed and delivered at any time and from time to time,(ii)be in such form and denominations,
(iii)be of such tenor,(iv)be payable in such installments and at such time or times not exceeding twenty years from their date,
(v)be payable at such place or places,(vi)bear interest at such rate or rates,payable at such place or places,and evidenced
in such manner, (vii)be redeemable prior to maturity,with or without premium,and(viii)contain such provisions as shall
be deemed in the best interest of the city and provided for in the proceedings of the governing body under which the bonds
shall be authorized to be issued;
(c)The authorization,terms,issuance,execution,or delivery of such bonds shall not be subject to sections 10-101 to 10-126;
and
(d) Such bonds may be sold at public or private sale in such manner and at such time or times as may be determined by the
governing body to be most advantageous.The city may pay all expenses,premiums,and commissions which the governing
body may deem necessary or advantageous in connection with the authorization,sale,and issuance thereof from the proceeds -
or the sale of the bonds or from the revenue of the occupation tax described in this section.
Credits
Laws 2007,LB 562, § 10.
Neb.Rev.St. § 18-2142.04,NE ST§ 18-2142.04
Current through the 101st Legislature Second Regular Session 2010
Enc,of DocI tttent . ,;.20 I I Thomson Reuters. No claim to original U.S.Government Works.
%?01 i Thomson outer;m.,.No claim to o jo i n a r J S. Government Works,. .,.,.....,,,.. ,.,,...,.,. 3
tants, or(g)thirty new employees and new investment of three million dollars in counties with at least four
hundred thousand inhabitants. Any business that has one hundred thirty-five thousand square feet or more and annual gross
sales of ten million dollars or more shall provide an employer-provided health benefit of at least three thousand dollars annually
to all new employees who are working thirty hours per week or more on average and have been employed at least six months.
In making such determination, the governing body may rely upon written undertakings provided by any owner of property
within such area.
(3) Upon designation of an enhanced employment area under this section, a city may levy a general business occupation tax
upon the businesses and users of space within such enhanced employment area for the purpose of paying all or any part of the
costs and expenses of authorized work within such enhanced employment area. For purposes of the tax imposed under this
section, the governing body may make a reasonable classification of businesses,users of space,or kinds of transactions. The
collection of a tax imposed pursuant to this section shall be made and enforced in such a manner as the governing_body-shall- -
by ordinance determine to_produce-the-required revenue.-Tliegoi4ining body may
impose
pursuant to this section shall constitute a violation of the ordinance and subject the violator that
failurea fine orothe punishment as
provided by ordinance. Any occupation tax levied by the city under this section shall remain in effect so long as the city has
bonds outstanding which have been issued under the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount of occupation taxes levied shall not exceed
the total costs and expenses of the authorized work including the total debt service requirements of any bonds the proceeds of
which are expended for or allocated to such authorized work. The assessments or taxes levied must be specified by ordinance
and the proceeds shall not be used for any purpose other than the making of such improvements and for the repayment of bonds
issued in whole or in part for the financing of such improvements. The authority to levy the general business occupation tax
contained in this section and the authority to issue bonds secured by or payable from such occupation tax shall be independent
of and separate from any occupation tax referenced in section 18-2103.
(4)A city may issue revenue bonds for the purpose of defraying the cost of authorized work and to secure the payment of such
bonds with the occupation tax revenue described in this section. Such revenue bonds may be issued in one or more series or
issues where deemed advisable,and each such series or issue may contain different maturity dates,interest rates,priorities on
revenue available for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
18-2143. Sections,how construed,Neb.Rev.St.§ 18-2143
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§ 18-2143
18-2143. Sections,how construed
The powers conferred by sections 18-2101 to 18-2144 shall be in addition and supplemental to the powers conferred by any
other law and shall be independent of and in addition to any other provision of the laws of the State of Nebraska with reference
to the matters covered hereby and shall be considered as a complete and independent act and not as amendatory of or limited by
any other provision of the laws of the State of Nebraska.Notwithstanding any other evidence of legislative intent,it is hereby
declared to be the controlling legislative intent that if any provision of sections 18-2101 to 18-2144,or the application thereof
to any person or circumstances is held unconstitutional or invalid,it shall not affect the other provisions of sections 18-2101 to
18-2144 or the application of such provision to other persons or circumstances.The provisions of sections 18-2101 to 18-2144
and all grants of power,authority, rights or discretion herein made to a city and to an authority created under the provisions
hereof shall be liberally construed,and all incidental powers necessary to carry into effect the provisions of such sections are
hereby expressly granted to and conferred upon a city or an authority created pursuant hereto.
Credits •
Laws 1951,ch.224, §23,p. 820;Laws 1961,ch.61,§ 17,p.242.
Codifications:R.R.S. 1943, § 14-1643;R.R.S. 1943, § 19-2643.
e .Rev.Sf:-§ 1.8:2143,NE ST§18-2143
Current through the 101st Legislature Second Regular Session 2010
t;,rd Ot 1),4 11110,t 2(.1 I Thomson on Reurel.s.No claim tt:,orieiral U.S.(:;ovcmmc;nt Works.
::°' W..xt,.�� 0-1 i q o` I U.S. Government 1 Works.
,. £�l .i,�; ,Z s. . .., i<;.i (..,.1,°1T to tir»:}li?}� ,.� .. �,'L'rill?�(:!"`�.�,1 .i
housand dollars annually
to all new employees who are working thirty hours per week or more on average and have been employed at least six months.
In making such determination, the governing body may rely upon written undertakings provided by any owner of property
within such area.
(3) Upon designation of an enhanced employment area under this section, a city may levy a general business occupation tax
upon the businesses and users of space within such enhanced employment area for the purpose of paying all or any part of the
costs and expenses of authorized work within such enhanced employment area. For purposes of the tax imposed under this
section, the governing body may make a reasonable classification of businesses,users of space,or kinds of transactions. The
collection of a tax imposed pursuant to this section shall be made and enforced in such a manner as the governing_body-shall- -
by ordinance determine to_produce-the-required revenue.-Tliegoi4ining body may
impose
pursuant to this section shall constitute a violation of the ordinance and subject the violator that
failurea fine orothe punishment as
provided by ordinance. Any occupation tax levied by the city under this section shall remain in effect so long as the city has
bonds outstanding which have been issued under the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount of occupation taxes levied shall not exceed
the total costs and expenses of the authorized work including the total debt service requirements of any bonds the proceeds of
which are expended for or allocated to such authorized work. The assessments or taxes levied must be specified by ordinance
and the proceeds shall not be used for any purpose other than the making of such improvements and for the repayment of bonds
issued in whole or in part for the financing of such improvements. The authority to levy the general business occupation tax
contained in this section and the authority to issue bonds secured by or payable from such occupation tax shall be independent
of and separate from any occupation tax referenced in section 18-2103.
(4)A city may issue revenue bonds for the purpose of defraying the cost of authorized work and to secure the payment of such
bonds with the occupation tax revenue described in this section. Such revenue bonds may be issued in one or more series or
issues where deemed advisable,and each such series or issue may contain different maturity dates,interest rates,priorities on
revenue available for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
18-2144.Sections; controlling over other laws and city charters,Neb.Rev.St.§18-2144 •
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2144
18-2144. Sections;controlling over other laws and city charters
Sections 18-2101 to 18-2144 shall be full authority for the creation of a community redevelopment authority by a city or village,
and for the exercise of the powers therein granted to a city or village and to such authority,and shall also be full authority for
the creation of a community development agency by a city or village,and for the exercise of the powers therein granted to a
city or village for such purpose,and no action,proceeding,or election shall be required prior to the creation of a community
redevelopment authority or community development agency hereunder or to authorize the exercise of any of the powers granted
in such sections,except as specifically provided in such sections,any provision of law or of any city charter or village law to
the contrary notwithstanding.
No proceedings for the issuance of bonds of an authority or of a city or village for its community development agency shall be
required other than those required by the provisions of sections 18-2101 to 18-2144; and the provisions of all other laws and
city charters, if any,relative to the terms and conditions for the issuance,payment,redemption,registration, sale or delivery
of bonds of public bodies, corporations, or political subdivisions of this state shall not be applicable to bonds issued by an
authority pursuant to sections 18-2101 to 18-2144.
Insofar as the provisions of sections 18-2101 to 18-2144 are inconsistent with the provisions of any other law or of any city
charter,if any,the provisions of sections 18-2101 to 18-2144 shall be controlling.
Credits
Laws 1957,ch. 52, § 15,p.261;Laws 1961,ch.61, § 18,p.243;Laws 1973,LB 299, §4;Laws 1979,LB 158,§9.
Codifications:R.R.S. 1943, § 19-2644.
Neb.Rev.St. § 18-2144,NE ST§ 18-2144
Current through the 101 st Legislature Second Regular Session 2010
Lod of 1/Qctimcttt ;`i''ttI I Thomson RcuIer<,No claim to original U.S.Government Works.
•
.. .,,,�.,.......�,......,,.,,.,..M,..,,...!....M..,.w.....,.,,,.,,,,.w...m,..�.`.n ��r�m,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,_.,�.,,_,,.,..w..,,�.�,,.,.,,,�,,,w,,,.'_..,,...�.....,.,,,,....w.,.,.,w,,..,.. t1't..,,.,._,...,.,,.,,,,,...,..M..,....,......,....,.,....M..wM.. .,...�..,,,.,...._,_,.w,,...,,
..xt.,
. :1.�.... +.T -{ 'Thomson i�Jiil:iC.i�f Reuters,_ �'�1t.}claim t�, nr{i tfl 3{ �.�.... �?(�L�<;;r�-;I�i�l(;I";1•,Works.
n, the governing body may make a reasonable classification of businesses,users of space,or kinds of transactions. The
collection of a tax imposed pursuant to this section shall be made and enforced in such a manner as the governing_body-shall- -
by ordinance determine to_produce-the-required revenue.-Tliegoi4ining body may
impose
pursuant to this section shall constitute a violation of the ordinance and subject the violator that
failurea fine orothe punishment as
provided by ordinance. Any occupation tax levied by the city under this section shall remain in effect so long as the city has
bonds outstanding which have been issued under the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount of occupation taxes levied shall not exceed
the total costs and expenses of the authorized work including the total debt service requirements of any bonds the proceeds of
which are expended for or allocated to such authorized work. The assessments or taxes levied must be specified by ordinance
and the proceeds shall not be used for any purpose other than the making of such improvements and for the repayment of bonds
issued in whole or in part for the financing of such improvements. The authority to levy the general business occupation tax
contained in this section and the authority to issue bonds secured by or payable from such occupation tax shall be independent
of and separate from any occupation tax referenced in section 18-2103.
(4)A city may issue revenue bonds for the purpose of defraying the cost of authorized work and to secure the payment of such
bonds with the occupation tax revenue described in this section. Such revenue bonds may be issued in one or more series or
issues where deemed advisable,and each such series or issue may contain different maturity dates,interest rates,priorities on
revenue available for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
18-2145. Limited community redevelopment authority; laws..., Neb.Rev.St.§ 18-2145
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages; Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2145
18-2145. Limited community redevelopment authority;laws applicable
The provisions of sections 18-2101 to 18-2144 not in conflict with sections 18-2102.01, 18-2103, 18-2107, 18-2145, and
18-2146 and necessary or convenient to carry out the powers expressly conferred or the intent and purpose of sections
18-2102.01, 18-2103, 18-2107, 18-2145, and 18-2146 shall apply to the limited community redevelopment authority hereby
authorized.
Credits
Laws 1969,ch. 106, §5,p.498.
Neb. Rev.St. § 18-2145,NE ST§ 18-2145
Current through the 101st Legislature Second Regular Session 2010
End of oocum,g11 2011 Thomson l:cutcis.No claim to orilunal U.S.covcrntncnt Works.
..N....,...,........«...,,,,......,..,,.....,w,w...,.m.,.,,m. i,.�..,...M�.,.,,Yr
No claim to original Cl '..,,�;`over'ii1i,.nt\ c)r ` _
the contrary notwithstanding.
No proceedings for the issuance of bonds of an authority or of a city or village for its community development agency shall be
required other than those required by the provisions of sections 18-2101 to 18-2144; and the provisions of all other laws and
city charters, if any,relative to the terms and conditions for the issuance,payment,redemption,registration, sale or delivery
of bonds of public bodies, corporations, or political subdivisions of this state shall not be applicable to bonds issued by an
authority pursuant to sections 18-2101 to 18-2144.
Insofar as the provisions of sections 18-2101 to 18-2144 are inconsistent with the provisions of any other law or of any city
charter,if any,the provisions of sections 18-2101 to 18-2144 shall be controlling.
Credits
Laws 1957,ch. 52, § 15,p.261;Laws 1961,ch.61, § 18,p.243;Laws 1973,LB 299, §4;Laws 1979,LB 158,§9.
Codifications:R.R.S. 1943, § 19-2644.
Neb.Rev.St. § 18-2144,NE ST§ 18-2144
Current through the 101 st Legislature Second Regular Session 2010
Lod of 1/Qctimcttt ;`i''ttI I Thomson RcuIer<,No claim to original U.S.Government Works.
•
.. .,,,�.,.......�,......,,.,,.,..M,..,,...!....M..,.w.....,.,,,.,,,,.w...m,..�.`.n ��r�m,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,_.,�.,,_,,.,..w..,,�.�,,.,.,,,�,,,w,,,.'_..,,...�.....,.,,,,....w.,.,.,w,,..,.. t1't..,,.,._,...,.,,.,,,,,...,..M..,....,......,....,.,....M..wM.. .,...�..,,,.,...._,_,.w,,...,,
..xt.,
. :1.�.... +.T -{ 'Thomson i�Jiil:iC.i�f Reuters,_ �'�1t.}claim t�, nr{i tfl 3{ �.�.... �?(�L�<;;r�-;I�i�l(;I";1•,Works.
n, the governing body may make a reasonable classification of businesses,users of space,or kinds of transactions. The
collection of a tax imposed pursuant to this section shall be made and enforced in such a manner as the governing_body-shall- -
by ordinance determine to_produce-the-required revenue.-Tliegoi4ining body may
impose
pursuant to this section shall constitute a violation of the ordinance and subject the violator that
failurea fine orothe punishment as
provided by ordinance. Any occupation tax levied by the city under this section shall remain in effect so long as the city has
bonds outstanding which have been issued under the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount of occupation taxes levied shall not exceed
the total costs and expenses of the authorized work including the total debt service requirements of any bonds the proceeds of
which are expended for or allocated to such authorized work. The assessments or taxes levied must be specified by ordinance
and the proceeds shall not be used for any purpose other than the making of such improvements and for the repayment of bonds
issued in whole or in part for the financing of such improvements. The authority to levy the general business occupation tax
contained in this section and the authority to issue bonds secured by or payable from such occupation tax shall be independent
of and separate from any occupation tax referenced in section 18-2103.
(4)A city may issue revenue bonds for the purpose of defraying the cost of authorized work and to secure the payment of such
bonds with the occupation tax revenue described in this section. Such revenue bonds may be issued in one or more series or
issues where deemed advisable,and each such series or issue may contain different maturity dates,interest rates,priorities on
revenue available for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
18-2146. Minimum standards housing ordinance; adopt,when, Neb.Rev.St.§18-2146
West's Revised Statutes of Nebraska Annotated Currentness
•
Chapter 18.Cities and Villages;Laws Applicable to All,
Article 21.Community Development
Neb.Rev.St.§18-2146
18-2146.Minimum standards housing ordinance;adopt,when
Each city and village shall adopt a minimum standards housing ordinance if such city or village has completed an approved
workable program or is in the process of the preparation of such a program.
Credits
Laws 1969,ch. 106, §6,p.498;Laws 1971,LB 747, § 1.
Neb.Rev. St. § 18-2146,NE ST§ 18-2146
Current through the 101st Legislature Second Regular Session 2010
End of Document 1011 Thomson Renters.No claim to original U.S.(.iovernmeni Woks.
1 •€mm`,f1-t.;(^.,....,...,., .rr.,.i.S AJ,r.,...1.,..........,.„...,w.t t, .._...,.,,,,.,... 4+..,�..,...� 4 t,t
2. 1 i , i o_it ._. .- t .lii itooriginal tJ.S. Goa,1nir;en„i•,oi-kK,
. i,.�..,...M�.,.,,Yr
No claim to original Cl '..,,�;`over'ii1i,.nt\ c)r ` _
the contrary notwithstanding.
No proceedings for the issuance of bonds of an authority or of a city or village for its community development agency shall be
required other than those required by the provisions of sections 18-2101 to 18-2144; and the provisions of all other laws and
city charters, if any,relative to the terms and conditions for the issuance,payment,redemption,registration, sale or delivery
of bonds of public bodies, corporations, or political subdivisions of this state shall not be applicable to bonds issued by an
authority pursuant to sections 18-2101 to 18-2144.
Insofar as the provisions of sections 18-2101 to 18-2144 are inconsistent with the provisions of any other law or of any city
charter,if any,the provisions of sections 18-2101 to 18-2144 shall be controlling.
Credits
Laws 1957,ch. 52, § 15,p.261;Laws 1961,ch.61, § 18,p.243;Laws 1973,LB 299, §4;Laws 1979,LB 158,§9.
Codifications:R.R.S. 1943, § 19-2644.
Neb.Rev.St. § 18-2144,NE ST§ 18-2144
Current through the 101 st Legislature Second Regular Session 2010
Lod of 1/Qctimcttt ;`i''ttI I Thomson RcuIer<,No claim to original U.S.Government Works.
•
.. .,,,�.,.......�,......,,.,,.,..M,..,,...!....M..,.w.....,.,,,.,,,,.w...m,..�.`.n ��r�m,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,_.,�.,,_,,.,..w..,,�.�,,.,.,,,�,,,w,,,.'_..,,...�.....,.,,,,....w.,.,.,w,,..,.. t1't..,,.,._,...,.,,.,,,,,...,..M..,....,......,....,.,....M..wM.. .,...�..,,,.,...._,_,.w,,...,,
..xt.,
. :1.�.... +.T -{ 'Thomson i�Jiil:iC.i�f Reuters,_ �'�1t.}claim t�, nr{i tfl 3{ �.�.... �?(�L�<;;r�-;I�i�l(;I";1•,Works.
n, the governing body may make a reasonable classification of businesses,users of space,or kinds of transactions. The
collection of a tax imposed pursuant to this section shall be made and enforced in such a manner as the governing_body-shall- -
by ordinance determine to_produce-the-required revenue.-Tliegoi4ining body may
impose
pursuant to this section shall constitute a violation of the ordinance and subject the violator that
failurea fine orothe punishment as
provided by ordinance. Any occupation tax levied by the city under this section shall remain in effect so long as the city has
bonds outstanding which have been issued under the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount of occupation taxes levied shall not exceed
the total costs and expenses of the authorized work including the total debt service requirements of any bonds the proceeds of
which are expended for or allocated to such authorized work. The assessments or taxes levied must be specified by ordinance
and the proceeds shall not be used for any purpose other than the making of such improvements and for the repayment of bonds
issued in whole or in part for the financing of such improvements. The authority to levy the general business occupation tax
contained in this section and the authority to issue bonds secured by or payable from such occupation tax shall be independent
of and separate from any occupation tax referenced in section 18-2103.
(4)A city may issue revenue bonds for the purpose of defraying the cost of authorized work and to secure the payment of such
bonds with the occupation tax revenue described in this section. Such revenue bonds may be issued in one or more series or
issues where deemed advisable,and each such series or issue may contain different maturity dates,interest rates,priorities on
revenue available for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
18-2147.Ad valorem tax; division authorized; limitation;...,Neb.Rev.St.§18-2147
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages; Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2147
18-2147.Ad valorem tax;division authorized;limitation;fifteen-year period
(1)Any redevelopment plan as originally approved or as later modified pursuant to section 18-2117,may contain a provision
that any ad valorem tax levied upon real property in a redevelopment project for the benefit of any public body shall be divided,
for a period not to exceed fifteen years after the effective date of such a provision by the governing body,as follows:
(a)That portion of the ad valorem tax which is produced by the levy at the rate fixed each year by or for each such public
body upon the redevelopment project valuation shall be paid into the funds of each such public body in the same proportion
as are all other taxes collected by or for the body.When there is not a redevelopment project valuation on a parcel or parcels,
the county assessor shall determine the redevelopment project valuation based upon the fair market valuation of the parcel
or parcels as of January 1 of the year prior to the year that the ad valorem taxes are to be divided.The county assessor shall
provide written notice of the redevelopment project valuation to the authority as defined in section 18-2103 and the owner.
The authority or owner may protest the valuation to the county board of equalization within thirty days after the date of the
valuation notice. All provisions of section 77-1502 except dates for filing of a protest,the period for hearing protests,and
the date for mailing notice of the county board of equalization's decision are applicable to any protest filed pursuant to this
section. The county board of equalization shall decide any protest filed pursuant to this section within thirty days after the
filing of the protest.The county clerk shall mail a copy of the decision made by the county board of equalization on protests
-----pursuant-to-this-section-to-the-authority-or-owner within-seven-days-afterthe-board's decision:—Any-decision-ofthe county --
board of equalization may be appealed to the Tax Equalization and Review Commission,in accordance with section 77-5013,
within thirty days after the date of the decision;
(b)That portion of the ad valorem tax on real property in the redevelopment project in excess of such amount,if any,shall
be allocated to and,when collected, paid into a special fund of the authority to be used solely to pay the principal of,the
interest on,and any premiums due in connection with the bonds of,loans,notes,or advances of money to,or indebtedness
incurred by, whether funded,refunded, assumed,or otherwise, such authority for financing or refinancing, in whole or in
part,the redevelopment project. When such bonds,loans,notes,advances of money,or indebtedness,including interest and
premiums due,have been paid,the authority shall so notify the county assessor and county treasurer and all ad valorem taxes
upon taxable real property in such a redevelopment project shall be paid into the funds of the respective public bodies;and
(c)Any interest and penalties due for delinquent taxes shall be paid into the funds of each public body in the same proportion
as are all other taxes collected by or for the public body.
(2)The governing body shall not implement any plan containing a provision dividing ad valorem taxes as provided in subsection
(1)of this section until such time as the real property in the redevelopment project is within the corporate boundaries of the city.
(3) Beginning August 1,2006, all notices of the provision for dividing ad valorem taxes shall be sent by the authority to the
county assessor on forms prescribed by the Property Tax Administrator. The notice shall be sent to the county assessor on
or before August 1 of the year of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
18-2147.Ad valorem tax; division authorized; limitation;..., Neb.Rev.St.§18-2147
accordance with subdivisions(1)(a)and(b)of this section shall be the last certified valuation for the taxable year prior to the
effective date of the provision to divide the taxes for the remaining portion of the fifteen-year period pursuant to subsection
(1)of this section.
Credits
Laws 1979,LB 158, § 10;Laws 1997,LB 875,§ 14;Laws 1999,LB 194,§2;Laws 2002,LB 994,§2;Laws 2006,LB 808,
§2;Laws 2006,LB 1175, §2.
Neb.Rev.St. § 18-2147,NE ST§ 18-2147
Current through the 101st Legislature Second Regular Session 2010
`and or Document 20 i I 'Memnon Reut.nrs.No claim to original l!.S.(I;uvenirncnt Works.
•
sa.., i : x ext t)1 r 01- 1{r��tlo r fill i y ...1 f (�. work!4' t"., (Y: s.. ..1^li?.:i 1. ,:7. :i.��V l.i(1 �i,� 2
ment W
Works.
uf...
18-2147.01. Cost-benefit analysis; reimbursement,Neb.Rev.St.§18-2147.01
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development •
Neb.Rev.St.§ 18-2147.oi
18-2147.m. Cost-benefit analysis;reimbursement
The Department of Economic Development shall,to the extent that funds are appropriated for such purpose,reimburse applying
cities or villages for the fees paid by such cities or villages for the use of the cost-benefit analysis model,developed and approved
by the Legislature, for projects using funds authorized by section 18-2147.
Credits
Laws 1999,LB 774,§3;Laws 2000,LB 1135,§3.
Neb. Rev.St. § 18-2147.01,NE ST§ 18-2147.01
Current through the 101 st Legislature Second Regular Session 2010
End of l:ltecutncnt -4111 Thomson hewers,No claim to original I.I.S.Government Work;.
"I Thomson .OIFtc.1E3. No riai?Y, !Coriginal Government Works,.
s collected by or for the body.When there is not a redevelopment project valuation on a parcel or parcels,
the county assessor shall determine the redevelopment project valuation based upon the fair market valuation of the parcel
or parcels as of January 1 of the year prior to the year that the ad valorem taxes are to be divided.The county assessor shall
provide written notice of the redevelopment project valuation to the authority as defined in section 18-2103 and the owner.
The authority or owner may protest the valuation to the county board of equalization within thirty days after the date of the
valuation notice. All provisions of section 77-1502 except dates for filing of a protest,the period for hearing protests,and
the date for mailing notice of the county board of equalization's decision are applicable to any protest filed pursuant to this
section. The county board of equalization shall decide any protest filed pursuant to this section within thirty days after the
filing of the protest.The county clerk shall mail a copy of the decision made by the county board of equalization on protests
-----pursuant-to-this-section-to-the-authority-or-owner within-seven-days-afterthe-board's decision:—Any-decision-ofthe county --
board of equalization may be appealed to the Tax Equalization and Review Commission,in accordance with section 77-5013,
within thirty days after the date of the decision;
(b)That portion of the ad valorem tax on real property in the redevelopment project in excess of such amount,if any,shall
be allocated to and,when collected, paid into a special fund of the authority to be used solely to pay the principal of,the
interest on,and any premiums due in connection with the bonds of,loans,notes,or advances of money to,or indebtedness
incurred by, whether funded,refunded, assumed,or otherwise, such authority for financing or refinancing, in whole or in
part,the redevelopment project. When such bonds,loans,notes,advances of money,or indebtedness,including interest and
premiums due,have been paid,the authority shall so notify the county assessor and county treasurer and all ad valorem taxes
upon taxable real property in such a redevelopment project shall be paid into the funds of the respective public bodies;and
(c)Any interest and penalties due for delinquent taxes shall be paid into the funds of each public body in the same proportion
as are all other taxes collected by or for the public body.
(2)The governing body shall not implement any plan containing a provision dividing ad valorem taxes as provided in subsection
(1)of this section until such time as the real property in the redevelopment project is within the corporate boundaries of the city.
(3) Beginning August 1,2006, all notices of the provision for dividing ad valorem taxes shall be sent by the authority to the
county assessor on forms prescribed by the Property Tax Administrator. The notice shall be sent to the county assessor on
or before August 1 of the year of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
18-'2148. Project valuation; county assessor;duties,Neb.Rev.St.§18-2148
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2148
18-2148. Project valuation;county assessor;duties
•
Commencing on the effective date of the provision outlined in section 18-2147,the county assessor,or county clerk where he
or she is ex officio county assessor,of the county in which the redevelopment project is located,shall transmit to an authority
and the county treasurer,upon request of the authority,the redevelopment project valuation and shall annually certify, on or
before August 20,to the authority and the county treasurer the current valuation for assessment of taxable real property in the
redevelopment project. The county assessor shall undertake, upon request of an authority, an investigation,examination,and
inspection of the taxable real property in the redevelopment project and shall reaffirm or revalue the current value for assessment
of such property in accordance with the findings of such investigation,examination,and inspection.
Credits
Laws 1979,LB 158,§ 11;Laws 2006,LB 808,§ 3.
Notes of Decisions(5)
Neb.Rev. St. § 18-2148,NE ST§ 18-2148
Current through the 101st Legislature Second Regular Session 2010
End of locum''"a 201 I Thomson Reuters.No claim to original U.S.i irovernmem Gl'orIa.
•
WeStE.��P�JNr� :�.,, � :� , . 1, �._._....._.,.. m,..,_,,,,.�._,_,..,.�,,...�_....,..w..m,,,.�_... ..... ..m._�,....��w,,..,�..�,,.,..�_...,.,�..n....,,......_,...,
a F-r _t,?' I h0i'ri ; Neuters.. No claim to oldgtna Gov?nmo ,`;fork 1
iling notice of the county board of equalization's decision are applicable to any protest filed pursuant to this
section. The county board of equalization shall decide any protest filed pursuant to this section within thirty days after the
filing of the protest.The county clerk shall mail a copy of the decision made by the county board of equalization on protests
-----pursuant-to-this-section-to-the-authority-or-owner within-seven-days-afterthe-board's decision:—Any-decision-ofthe county --
board of equalization may be appealed to the Tax Equalization and Review Commission,in accordance with section 77-5013,
within thirty days after the date of the decision;
(b)That portion of the ad valorem tax on real property in the redevelopment project in excess of such amount,if any,shall
be allocated to and,when collected, paid into a special fund of the authority to be used solely to pay the principal of,the
interest on,and any premiums due in connection with the bonds of,loans,notes,or advances of money to,or indebtedness
incurred by, whether funded,refunded, assumed,or otherwise, such authority for financing or refinancing, in whole or in
part,the redevelopment project. When such bonds,loans,notes,advances of money,or indebtedness,including interest and
premiums due,have been paid,the authority shall so notify the county assessor and county treasurer and all ad valorem taxes
upon taxable real property in such a redevelopment project shall be paid into the funds of the respective public bodies;and
(c)Any interest and penalties due for delinquent taxes shall be paid into the funds of each public body in the same proportion
as are all other taxes collected by or for the public body.
(2)The governing body shall not implement any plan containing a provision dividing ad valorem taxes as provided in subsection
(1)of this section until such time as the real property in the redevelopment project is within the corporate boundaries of the city.
(3) Beginning August 1,2006, all notices of the provision for dividing ad valorem taxes shall be sent by the authority to the
county assessor on forms prescribed by the Property Tax Administrator. The notice shall be sent to the county assessor on
or before August 1 of the year of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
18-2149. Project valuation; how treated, Neb.Rev.St.§18-2149
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2149
18-2149.Project valuation;how treated
In each year after the determination of a redevelopment project valuation as outlined in section 18-2148,the county assessor
and the county board of equalization shall include no more than the redevelopment project valuation of the taxable real property
' 0 in the redevelopment project in the assessed valuation upon which is computed the tax rates levied by any public body on such
project.In each year for which the current assessed valuation on taxable real property in the redevelopment project exceeds the
redevelopment project valuation,the county treasurer shall remit to the authority,instead of to any public body,that proportion
of all ad valorem taxes on real property paid that year on the redevelopment project which such excess valuation bears to the
current assessed valuation.
If the current assessed valuation on taxable real property in the redevelopment project is less than the redevelopment project
valuation, the current assessed valuation shall be the value assessable to the public bodies for the current year and there will
be no excess valuation or tax proceeds available to the redevelopment project. The redevelopment project valuation shall be
reinstated when the current assessed valuation on taxable real property in the redevelopment project is equal to or greater than
4:the redevelopment project valuation.
Credits •
Laws 1979,LB 158, § 12;Laws 2006,LB 808,§4.
Neb.Rev. St. § 18-2149,NE ST§ 18-2149
Current through the 101 st Legislature Second Regular Session 2010
Lld n4'Docsrrneni R 2011 Thomson Reuters.No claim to oti .inai I.S.[. Govarnment Works.
r a....:1 ,.Wlol�.'}(a _ _'.ti 1"1 « l,)]T15011 N(4:tt t3, No claim to original l.!.._S. Govortll?1eft Works
ing of the protest.The county clerk shall mail a copy of the decision made by the county board of equalization on protests
-----pursuant-to-this-section-to-the-authority-or-owner within-seven-days-afterthe-board's decision:—Any-decision-ofthe county --
board of equalization may be appealed to the Tax Equalization and Review Commission,in accordance with section 77-5013,
within thirty days after the date of the decision;
(b)That portion of the ad valorem tax on real property in the redevelopment project in excess of such amount,if any,shall
be allocated to and,when collected, paid into a special fund of the authority to be used solely to pay the principal of,the
interest on,and any premiums due in connection with the bonds of,loans,notes,or advances of money to,or indebtedness
incurred by, whether funded,refunded, assumed,or otherwise, such authority for financing or refinancing, in whole or in
part,the redevelopment project. When such bonds,loans,notes,advances of money,or indebtedness,including interest and
premiums due,have been paid,the authority shall so notify the county assessor and county treasurer and all ad valorem taxes
upon taxable real property in such a redevelopment project shall be paid into the funds of the respective public bodies;and
(c)Any interest and penalties due for delinquent taxes shall be paid into the funds of each public body in the same proportion
as are all other taxes collected by or for the public body.
(2)The governing body shall not implement any plan containing a provision dividing ad valorem taxes as provided in subsection
(1)of this section until such time as the real property in the redevelopment project is within the corporate boundaries of the city.
(3) Beginning August 1,2006, all notices of the provision for dividing ad valorem taxes shall be sent by the authority to the
county assessor on forms prescribed by the Property Tax Administrator. The notice shall be sent to the county assessor on
or before August 1 of the year of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
18-2150. Financing; pledge of taxes, Web.Rev.St.§18-2150
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-215o
18-215o. Financing;pledge of taxes
In the proceedings for the issuance of bonds,the making of loans or advances of money,or the incurring of any indebtedness,
whether funded,refunded,assumed,or otherwise,by an authority to finance or refinance,in whole or in part,a redevelopment
project,the portion of taxes mentioned in subdivision(1)(b)of section 18-2147 shall be pledged for the payment of the principal
of,premium,if any,and interest on such bonds,loans,notes,advances,or indebtedness.
Credits
Laws 1979,LB 158,§ 13;Laws 1997,LB 875,§ 15.
Neb. Rev.St. § 18-2150,NE ST§ 18-2150
Current through the 101st Legislature Second Regular Session 2010
End of E)rwtimcnt 2011 l hvrn!crn Rooters.NO ciaiot to Original U.S.Government Work..
•
> O t.s:,NJeXt,i').201 I Thomson f,61.t.tors, No clam to original 1.1.S. Government Works.s
taxable real property in the redevelopment project is less than the redevelopment project
valuation, the current assessed valuation shall be the value assessable to the public bodies for the current year and there will
be no excess valuation or tax proceeds available to the redevelopment project. The redevelopment project valuation shall be
reinstated when the current assessed valuation on taxable real property in the redevelopment project is equal to or greater than
4:the redevelopment project valuation.
Credits •
Laws 1979,LB 158, § 12;Laws 2006,LB 808,§4.
Neb.Rev. St. § 18-2149,NE ST§ 18-2149
Current through the 101 st Legislature Second Regular Session 2010
Lld n4'Docsrrneni R 2011 Thomson Reuters.No claim to oti .inai I.S.[. Govarnment Works.
r a....:1 ,.Wlol�.'}(a _ _'.ti 1"1 « l,)]T15011 N(4:tt t3, No claim to original l.!.._S. Govortll?1eft Works
ing of the protest.The county clerk shall mail a copy of the decision made by the county board of equalization on protests
-----pursuant-to-this-section-to-the-authority-or-owner within-seven-days-afterthe-board's decision:—Any-decision-ofthe county --
board of equalization may be appealed to the Tax Equalization and Review Commission,in accordance with section 77-5013,
within thirty days after the date of the decision;
(b)That portion of the ad valorem tax on real property in the redevelopment project in excess of such amount,if any,shall
be allocated to and,when collected, paid into a special fund of the authority to be used solely to pay the principal of,the
interest on,and any premiums due in connection with the bonds of,loans,notes,or advances of money to,or indebtedness
incurred by, whether funded,refunded, assumed,or otherwise, such authority for financing or refinancing, in whole or in
part,the redevelopment project. When such bonds,loans,notes,advances of money,or indebtedness,including interest and
premiums due,have been paid,the authority shall so notify the county assessor and county treasurer and all ad valorem taxes
upon taxable real property in such a redevelopment project shall be paid into the funds of the respective public bodies;and
(c)Any interest and penalties due for delinquent taxes shall be paid into the funds of each public body in the same proportion
as are all other taxes collected by or for the public body.
(2)The governing body shall not implement any plan containing a provision dividing ad valorem taxes as provided in subsection
(1)of this section until such time as the real property in the redevelopment project is within the corporate boundaries of the city.
(3) Beginning August 1,2006, all notices of the provision for dividing ad valorem taxes shall be sent by the authority to the
county assessor on forms prescribed by the Property Tax Administrator. The notice shall be sent to the county assessor on
or before August 1 of the year of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
18-2151. Redeveloper; penal bond; when required; purpose, Neb.Rev.St.§ 18-2151
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§ 18-2151
18-2151.Redeveloper;penal bond;when required;purpose
Any redeveloper entering into a contract with an authority for the undertaking of a redevelopment project pursuant to a
redevelopment plan which contains the provision outlined in section 18-2147 shall be required before commencing work to
execute, in addition to all bonds that may be required, a penal bond with good and sufficient surety to be approved by an
authority,conditioned that such contractor shall at all times promptly make payments of all amounts lawfully due to all persons
supplying or furnishing the contractor or his or her subcontractors with labor or materials performed or used in the prosecution
of the work provided for in such contract,and will indemnify and save harmless the authority to the extent any payments in
connection with the carrying out of such contracts which an authority may be required to make under the law.
Credits
Laws 1979,LB 158,§ 14.
Neb.Rev.St. § 18-2151,NE ST§ 18-2151
Current through the 101st Legislature Second Regular Session 2010
viol of Document (ii 201 I Thomson Rcnicr .No claim to original U.S.Government Wor!s.
•
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z >,..€i.,,'P`1er:'Y .t i"j T iiom:;o,n f'...c.tte . No claim 10 original U.S. Government R ?f ij.4
eb.Rev. St. § 18-2149,NE ST§ 18-2149
Current through the 101 st Legislature Second Regular Session 2010
Lld n4'Docsrrneni R 2011 Thomson Reuters.No claim to oti .inai I.S.[. Govarnment Works.
r a....:1 ,.Wlol�.'}(a _ _'.ti 1"1 « l,)]T15011 N(4:tt t3, No claim to original l.!.._S. Govortll?1eft Works
ing of the protest.The county clerk shall mail a copy of the decision made by the county board of equalization on protests
-----pursuant-to-this-section-to-the-authority-or-owner within-seven-days-afterthe-board's decision:—Any-decision-ofthe county --
board of equalization may be appealed to the Tax Equalization and Review Commission,in accordance with section 77-5013,
within thirty days after the date of the decision;
(b)That portion of the ad valorem tax on real property in the redevelopment project in excess of such amount,if any,shall
be allocated to and,when collected, paid into a special fund of the authority to be used solely to pay the principal of,the
interest on,and any premiums due in connection with the bonds of,loans,notes,or advances of money to,or indebtedness
incurred by, whether funded,refunded, assumed,or otherwise, such authority for financing or refinancing, in whole or in
part,the redevelopment project. When such bonds,loans,notes,advances of money,or indebtedness,including interest and
premiums due,have been paid,the authority shall so notify the county assessor and county treasurer and all ad valorem taxes
upon taxable real property in such a redevelopment project shall be paid into the funds of the respective public bodies;and
(c)Any interest and penalties due for delinquent taxes shall be paid into the funds of each public body in the same proportion
as are all other taxes collected by or for the public body.
(2)The governing body shall not implement any plan containing a provision dividing ad valorem taxes as provided in subsection
(1)of this section until such time as the real property in the redevelopment project is within the corporate boundaries of the city.
(3) Beginning August 1,2006, all notices of the provision for dividing ad valorem taxes shall be sent by the authority to the
county assessor on forms prescribed by the Property Tax Administrator. The notice shall be sent to the county assessor on
or before August 1 of the year of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
18-2152. Repealed by Laws 1988, LB 809,§1, Neb.Rev.St.§18-2152
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2152
18-2152.Repealed by Laws 1988,LB 809, § 1
18-2152.Repealed by Laws 1988,LB 809, §1
Neb.Rev.St. § 18-2152,NE ST§ 18-2152
Current through the 101st Legislature Second Regular Session 2010
End of I)ocuotf:oi .'2011 Ii.iomsoa Reiner..No claim to original U.S.Govornnicni Worh5.
't,
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_i, ,. -on Reuters. l ,-;
claim to o„l±.III ul Government WOi
K
,,,,,
? 18-2153. Sections, how construed, Neb.Rev.St.§ 18-2153
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2153
18-2153.Sections,how construed
The powers conferred by sections 18-2147 to 18-2153 shall be in addition and supplemental to the powers conferred by the
Community Development Law and by any other law and shall be independent of and in addition to any other provision of the
laws of the State of Nebraska with reference to the matters covered hereby.The provisions of such sections and all grants of
power,authority,rights,or discretion to a city or village and to an authority created under the Community Development Law
shall be liberally construed,and all incidental powers necessary to carry into effect such sections are hereby expressly granted
to and conferred upon a city or village or an authority created pursuant to the Community Development Law.
Credits
Laws 1979,LB 158,§ 16;Laws 1991,LB 15, §9;Laws 1999,LB 774,§4.
Neb. Rev. St. § 18-2153,NE ST§ 18-2153
Current through the 101st Legislature Second Regular Session 2010
End ni'!)omnicnt 2011 Thomson Reuters.No claim io original U.S.Government Works.
•
( ' O i i i homscr, 1SE',i:(,_ts, No c lajro to ci(ci nai U .1.J,S. /e ' i Works,
S.Government Wor!s.
•
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z >,..€i.,,'P`1er:'Y .t i"j T iiom:;o,n f'...c.tte . No claim 10 original U.S. Government R ?f ij.4
eb.Rev. St. § 18-2149,NE ST§ 18-2149
Current through the 101 st Legislature Second Regular Session 2010
Lld n4'Docsrrneni R 2011 Thomson Reuters.No claim to oti .inai I.S.[. Govarnment Works.
r a....:1 ,.Wlol�.'}(a _ _'.ti 1"1 « l,)]T15011 N(4:tt t3, No claim to original l.!.._S. Govortll?1eft Works
ing of the protest.The county clerk shall mail a copy of the decision made by the county board of equalization on protests
-----pursuant-to-this-section-to-the-authority-or-owner within-seven-days-afterthe-board's decision:—Any-decision-ofthe county --
board of equalization may be appealed to the Tax Equalization and Review Commission,in accordance with section 77-5013,
within thirty days after the date of the decision;
(b)That portion of the ad valorem tax on real property in the redevelopment project in excess of such amount,if any,shall
be allocated to and,when collected, paid into a special fund of the authority to be used solely to pay the principal of,the
interest on,and any premiums due in connection with the bonds of,loans,notes,or advances of money to,or indebtedness
incurred by, whether funded,refunded, assumed,or otherwise, such authority for financing or refinancing, in whole or in
part,the redevelopment project. When such bonds,loans,notes,advances of money,or indebtedness,including interest and
premiums due,have been paid,the authority shall so notify the county assessor and county treasurer and all ad valorem taxes
upon taxable real property in such a redevelopment project shall be paid into the funds of the respective public bodies;and
(c)Any interest and penalties due for delinquent taxes shall be paid into the funds of each public body in the same proportion
as are all other taxes collected by or for the public body.
(2)The governing body shall not implement any plan containing a provision dividing ad valorem taxes as provided in subsection
(1)of this section until such time as the real property in the redevelopment project is within the corporate boundaries of the city.
(3) Beginning August 1,2006, all notices of the provision for dividing ad valorem taxes shall be sent by the authority to the
county assessor on forms prescribed by the Property Tax Administrator. The notice shall be sent to the county assessor on
or before August 1 of the year of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
18-2154.Authority; relocate individuals and businesses;..., Neb.Rev.St.§18-2154 •
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2154
i8-2154.Authority; relocate individuals and businesses; replace housing units
A redevelopment authority shall relocate or provide assistance in the relocation of individuals, families, and businesses
• occupying premises acquired for a redevelopment project pursuant to the procedures described in the Relocation Assistance
Act. In the event any housing units are eliminated by a redevelopment project,the redevelopment plan for any such project
shall include plans for equivalent replacement housing units elsewhere in the community.
Credits
Laws 1980,LB 986,§4;Laws 1989,LB 254, §31.
Neb.Rev.St. § 18-2154,NE ST§ 18-2154
Current through the 101st Legislature Second Regular Session 2010
11nd ni'ilocumcni. 2011 Thomson Rcutcrs.No claim to original i!.S.Government Works.
..,,...,.,.._.....w.m..............w.w.,,,.,..,:,..,,`�.„,,..„f.......,.........,....M.,.,......,..E,.�.m.,,..,.,.,w..,,_.,...m,.,..,.w.,...m„w.w,..,,..,�.,...,.....w.,,..,..,..,,._...,....,,...�.C,,m.,,.,- w.....,......,,. ..,,.,,..'�.........>..,,.,,,,w...m,..,..,.,... ,....,.,...,.„.-........,_,,.....,,,,._.....,,w....
?t...<NeXt i.Sorr`,r� i`. Noda I . Coven Works.
.�i:"Y:to;Jii�l!11�3� t_. .. "tr(' �Ii7kllf �.Li;!-lis
,.,r._......._,.....,..,..w_,..,..,,,_,M,.�.,,,.,.............m,i r,f
z >,..€i.,,'P`1er:'Y .t i"j T iiom:;o,n f'...c.tte . No claim 10 original U.S. Government R ?f ij.4
eb.Rev. St. § 18-2149,NE ST§ 18-2149
Current through the 101 st Legislature Second Regular Session 2010
Lld n4'Docsrrneni R 2011 Thomson Reuters.No claim to oti .inai I.S.[. Govarnment Works.
r a....:1 ,.Wlol�.'}(a _ _'.ti 1"1 « l,)]T15011 N(4:tt t3, No claim to original l.!.._S. Govortll?1eft Works
ing of the protest.The county clerk shall mail a copy of the decision made by the county board of equalization on protests
-----pursuant-to-this-section-to-the-authority-or-owner within-seven-days-afterthe-board's decision:—Any-decision-ofthe county --
board of equalization may be appealed to the Tax Equalization and Review Commission,in accordance with section 77-5013,
within thirty days after the date of the decision;
(b)That portion of the ad valorem tax on real property in the redevelopment project in excess of such amount,if any,shall
be allocated to and,when collected, paid into a special fund of the authority to be used solely to pay the principal of,the
interest on,and any premiums due in connection with the bonds of,loans,notes,or advances of money to,or indebtedness
incurred by, whether funded,refunded, assumed,or otherwise, such authority for financing or refinancing, in whole or in
part,the redevelopment project. When such bonds,loans,notes,advances of money,or indebtedness,including interest and
premiums due,have been paid,the authority shall so notify the county assessor and county treasurer and all ad valorem taxes
upon taxable real property in such a redevelopment project shall be paid into the funds of the respective public bodies;and
(c)Any interest and penalties due for delinquent taxes shall be paid into the funds of each public body in the same proportion
as are all other taxes collected by or for the public body.
(2)The governing body shall not implement any plan containing a provision dividing ad valorem taxes as provided in subsection
(1)of this section until such time as the real property in the redevelopment project is within the corporate boundaries of the city.
(3) Beginning August 1,2006, all notices of the provision for dividing ad valorem taxes shall be sent by the authority to the
county assessor on forms prescribed by the Property Tax Administrator. The notice shall be sent to the county assessor on
or before August 1 of the year of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
- FLOOR DEBATE
LB 51 Z YEAR 07
Transcript Prepared By the Clerk of the Legislate
Transcriber's Office
Floor Debate
January 17, 2007
your way to the floor. It is our hope that if you have bills that you're looking to introduce
that you'll have them in here in the short term. We would prefer to adjourn on or around
noon today. If you're running late, working on something last minute, please advise Mr.
Clerk or myself so that we can understand where you're at. Again, Revisor's Office has
everything out, so let's get the bills in, and we hope to adjourn around noon. Thank you,
Mr. President.
PRESIDENT SHEEHY: Thank you, Mr. Speaker. Mr. Clerk, do you have new bills for
introduction at your desk?
CLERK: I do, Mr. President. Reference Committee will meet now; Reference Committee
will meet now in Room 2102. Mr. President, new bills. (Read LB553-LB579 by title for
the first time.) That's all that I have at this time, Mr. President. (Legislative Journal
pages 275-279.) [LB553 LB554 LB555 LB556 LB557 LB558 LB559 LB560 LB561
LB562 LB563 LB564 LB565 LB566 LB567 LB568 LB569 LB570 LB571 LB572 LB573
LB574 LB575 LB576 LB577 LB578 LB579]
PRESIDENT SHEEHY: Thank you, Mr. Clerk. (Visitors introduced.) Mr. Clerk, do you
have new bills for introduction at your desk?
-CLERK,_Y_es,_Mr__Presi.dent,-_I-_do.-_T_hank you._(Re-ad-LB580:LB609 b_y_title for the first
time.) That's all that I have at this time, Mr. President. (Legislative Journal pages
279-284.) [LB580 LB581 LB582 LB583 LB584 LB585 LB586 LB587 LB588 LB589
LB590 LB591 LB592 LB593 LB594 LB595 LB596 LB597 LB598 LB599 LB600 LB601
LB602 LB603 LB604 LB605 LB606 LB607 LB608 LB609]
PRESIDENT SHEEHY: Thank you, Mr. Clerk. (Microphone malfunction)...do you have
new bills for introduction?
CLERK: Mr. President, new bills. (Read LB610-LB643 by title for the first time.) That's
all that I have at this time, Mr. President. (Legislative Journal pages 284-289.) [LB610
LB611 LB612 LB613 LB614 LB615 LB616 LB617 LB618 LB619 LB620 LB621 LB622
LB623 LB624 LB625 LB626 LB627 LB628 LB629 LB630 LB631 LB632 LB633 LB634
LB635 LB636 LB637 LB638 LB639 LB640 LB641 LB642 LB643]
PRESIDENT SHEEHY: Thank you, Mr. Clerk. Mr. Clerk, do you have new bills for
introduction?
ASSISTANT CLERK: Mr. President, I do. Thank you. (Read LB644-LB664 by title for
the first time, Legislative Journal pages 289-294.) [LB644 LB645 LB646 LB647 LB648
LB649 LB650 LB651 LB652 LB653 LB654 LB655 LB656 LB657 LB658 LB659 LB660
LB661 LB662 LB663 LB664]
3
f,loans,notes,or advances of money to,or indebtedness
incurred by, whether funded,refunded, assumed,or otherwise, such authority for financing or refinancing, in whole or in
part,the redevelopment project. When such bonds,loans,notes,advances of money,or indebtedness,including interest and
premiums due,have been paid,the authority shall so notify the county assessor and county treasurer and all ad valorem taxes
upon taxable real property in such a redevelopment project shall be paid into the funds of the respective public bodies;and
(c)Any interest and penalties due for delinquent taxes shall be paid into the funds of each public body in the same proportion
as are all other taxes collected by or for the public body.
(2)The governing body shall not implement any plan containing a provision dividing ad valorem taxes as provided in subsection
(1)of this section until such time as the real property in the redevelopment project is within the corporate boundaries of the city.
(3) Beginning August 1,2006, all notices of the provision for dividing ad valorem taxes shall be sent by the authority to the
county assessor on forms prescribed by the Property Tax Administrator. The notice shall be sent to the county assessor on
or before August 1 of the year of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
•
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
•
Floor Debate
March 05, 2007
CLERK: Mr. President, I have a hearing notice from Judiciary for confirmation hearings
this Friday. Enrollment and Review reports LB286 to Select File, LB255, LB34, LB349,
LB192, LB295, LB136, LB537 all to Select File, some of those having Enrollment and
Review amendments. I have priority bill designations. Transportation Committee
selected LB661 as one of the committee priorities; Senator Dierks selected LB629 as
his personal priority; Performance Audit, LB653; Senator McDonald has selected
LB143; Senator Adams, LB562. New resolution, LR42, by Senator Heidemann. That will
be laid over. Some name adds: Senator Dwite Pedersen to add his name to LB20;
Senator Howard to LB551; Senator Hudkins to withdraw from LB173. (Legislative
Journal pages 735-740.) [LB286 LB255 LB34 LB349 LB192 LB295 LB136 LB537
LB661 LB629 LB653 LB143 LB562 LR42 LB20 LB551 LB173]
And Mr. President, a priority motion. Senator Cornett would move to adjourn until
Tuesday morning, March 6, at 9:00 a.m. []
SENATOR LANGEMEIER: Thank you, Mr. Clerk. The motion before the body is to
adjourn until Tuesday, March 6, at 9:00 a.m. All those in favor say yea. All those
opposed say nay. The ayes have it. We are adjourned. []
28
_Presi.dent,-_I-_do.-_T_hank you._(Re-ad-LB580:LB609 b_y_title for the first
time.) That's all that I have at this time, Mr. President. (Legislative Journal pages
279-284.) [LB580 LB581 LB582 LB583 LB584 LB585 LB586 LB587 LB588 LB589
LB590 LB591 LB592 LB593 LB594 LB595 LB596 LB597 LB598 LB599 LB600 LB601
LB602 LB603 LB604 LB605 LB606 LB607 LB608 LB609]
PRESIDENT SHEEHY: Thank you, Mr. Clerk. (Microphone malfunction)...do you have
new bills for introduction?
CLERK: Mr. President, new bills. (Read LB610-LB643 by title for the first time.) That's
all that I have at this time, Mr. President. (Legislative Journal pages 284-289.) [LB610
LB611 LB612 LB613 LB614 LB615 LB616 LB617 LB618 LB619 LB620 LB621 LB622
LB623 LB624 LB625 LB626 LB627 LB628 LB629 LB630 LB631 LB632 LB633 LB634
LB635 LB636 LB637 LB638 LB639 LB640 LB641 LB642 LB643]
PRESIDENT SHEEHY: Thank you, Mr. Clerk. Mr. Clerk, do you have new bills for
introduction?
ASSISTANT CLERK: Mr. President, I do. Thank you. (Read LB644-LB664 by title for
the first time, Legislative Journal pages 289-294.) [LB644 LB645 LB646 LB647 LB648
LB649 LB650 LB651 LB652 LB653 LB654 LB655 LB656 LB657 LB658 LB659 LB660
LB661 LB662 LB663 LB664]
3
f,loans,notes,or advances of money to,or indebtedness
incurred by, whether funded,refunded, assumed,or otherwise, such authority for financing or refinancing, in whole or in
part,the redevelopment project. When such bonds,loans,notes,advances of money,or indebtedness,including interest and
premiums due,have been paid,the authority shall so notify the county assessor and county treasurer and all ad valorem taxes
upon taxable real property in such a redevelopment project shall be paid into the funds of the respective public bodies;and
(c)Any interest and penalties due for delinquent taxes shall be paid into the funds of each public body in the same proportion
as are all other taxes collected by or for the public body.
(2)The governing body shall not implement any plan containing a provision dividing ad valorem taxes as provided in subsection
(1)of this section until such time as the real property in the redevelopment project is within the corporate boundaries of the city.
(3) Beginning August 1,2006, all notices of the provision for dividing ad valorem taxes shall be sent by the authority to the
county assessor on forms prescribed by the Property Tax Administrator. The notice shall be sent to the county assessor on
or before August 1 of the year of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
•
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
March 14, 2007
ASSISTANT CLERK: Senator Erdman would offer AM648. (Legislative Journal page
804.) [LB286]
SENATOR LANGEMEIER: Senator Erdman, you are recognized to open on AM648.
[LB286]
SENATOR ERDMAN: Mr. President and members of the Legislature, AM648 is a
technical change to our existing statute on Purple Heart license plates. And there were
two different ideas that were presented before the Transportation Committee; both, as I
understand it, were supported by the Department of Motor Vehicles. It would simply
allow an individual, or at least the intent is that an individual who is a multiple Purple
Heart winner would be able to apply for more than one license plate but they would still
have to be the primary owner of that vehicle. So the technical amendment before you
strikes the word "only one" and replaces it with "any number." Again, that was a
consideration brought to the Transportation Committee in support by the Department of
Motor Vehicles. I would hope that the body would see to adopt this amendment to
LB286. Thank you, Mr. President. [LB286]
SENATOR LANGEMEIER: Thank you, Senator Erdman. You have heard the opening
on AM648, offered by Senator Erdman. The floor is now open for discussion. Is there
anyone wishing to weak to the amendment?Se_eing_no_lights_on,.Senator Er_dman_is
recognized to close. He waives closing. The question before the body is, shall AM648
be adopted to LB286? All those in favor vote yea; all those opposed vote nay. Have all
those voted that wish to? Record, Mr. Clerk. [LB286]
ASSISTANT CLERK: 31 ayes, 0 nays, on the adoption of the amendment, Mr.
President. [LB286]
SENATOR LANGEMEIER: The amendment is adopted. Mr. Clerk. [LB286]
ASSISTANT CLERK: I have nothing further pending on the bill. [LB286]
SENATOR LANGEMEIER: Senator McGill, for a motion. [LB286]
SENATOR McGILL: Mr. President, I move LB286 to E&R for engrossing. [LB286]
SENATOR LANGEMEIER: You have heard the motion. All those in favor say aye. All
those opposed say nay. LB286 does advance. Mr. Clerk, items for the record. [LB286]
ASSISTANT CLERK: Mr. President, I do. New A bills. (Read LB551A and LB396A by
title for the first time.) A confirmation report from the Education Committee. New
resolution, LR56, offered by Senator Fischer. And your Committee on Urban Affairs
reports LB562 to General File with committee amendments. In addition to that, Judiciary
27
LB661 LB662 LB663 LB664]
3
f,loans,notes,or advances of money to,or indebtedness
incurred by, whether funded,refunded, assumed,or otherwise, such authority for financing or refinancing, in whole or in
part,the redevelopment project. When such bonds,loans,notes,advances of money,or indebtedness,including interest and
premiums due,have been paid,the authority shall so notify the county assessor and county treasurer and all ad valorem taxes
upon taxable real property in such a redevelopment project shall be paid into the funds of the respective public bodies;and
(c)Any interest and penalties due for delinquent taxes shall be paid into the funds of each public body in the same proportion
as are all other taxes collected by or for the public body.
(2)The governing body shall not implement any plan containing a provision dividing ad valorem taxes as provided in subsection
(1)of this section until such time as the real property in the redevelopment project is within the corporate boundaries of the city.
(3) Beginning August 1,2006, all notices of the provision for dividing ad valorem taxes shall be sent by the authority to the
county assessor on forms prescribed by the Property Tax Administrator. The notice shall be sent to the county assessor on
or before August 1 of the year of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
•
•
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
March 14, 2007
reports LB218 to General File, LB457, LB692, all to General File with no amendments,
and LB81 as indefinitely postponed. (Legislative Journal pages 862-863.).[LB551A
LB396A LR56 LB562 LB218 LB457 LB692 LB81]
SENATOR LANGEMEIER: Thank you, Mr. Clerk. (Visitors introduced.) In keeping with
the agenda, it is 10:30. We will move on to the General File, 2007 Speaker priority bills.
LB292. Mr. Clerk. [LB292]
ASSISTANT CLERK: Mr. President, LB292, introduced by Senator Hansen and others. •
(Read title.) The bill was read for the first time on January 10 of this year, referred to the
Health and Human Services Committee. That committee reports the bill to General File
with committee amendments. (AM444, Legislative Journal page 663.) [LB292]
SENATOR LANGEMEIER: Thank you, Mr. Clerk. Senator Hansen, you are recognized
to open on LB292. [LB292]
SENATOR HANSEN: Thank you, Mr. President and members of the Unicameral, this
fine morning. The Disproportionate Share Hospital Program was created by the United
States government in 1981 to compensate hospitals that are serving underinsured or
uninsured individuals in Nebraska. LB292 will allow additional federal funds to be
brought into Nebr_aska's econom_y_withoutany new state-or-county-funding-being--
required. Although Nebraska is currently eligible for additional federal funds, in order to
receive these funds the state must first produce its matching portion of the DSH--that's
the acronym for Disproportionate Share Hospital; I'll refer to that as "dish"
(phonetic)--payments. LB292 will allow county boards to transfer general assistance
funds to the Department of Health and Human Services Finance and Support
Department prior to those payments being made to the providers, and the providers are
about ten hospitals in the state of Nebraska--exactly ten hospitals, sorry. These funds
would then be considered the state's match, which would result in additional federal
funding being available to the disproportionate share hospitals. The solution contains
two parts: general assistance payments and behavioral health regional payments.
Currently, general assistance payments are made directly from the county to the
provider or the hospital. The first part would give the counties the option of making
general assistance payments to HHS Finance and Support prior to the payments being
made to the providers. This intergovernmental transfer would utilize approximately $3.1
million annually from current county general assistance payments as the state's match,
and would potentially result in additional federal funding to the DSH program of
approximately $4.1 million. So in other words, we're taking $3.1 million that the counties
are providing to hospitals now, bring it back to HHS, they apply for the grant, and an
additional $4.1 million goes to these DSH hospitals that are the providers. The Centers
for Medicare and Medicaid Services, the CMS, on January 26, 2007, approved the use
of this intergovernmental transfer for the purpose in Nebraska. It's anticipated that this
bill will impact Medicaid fiscal year 2007 DSH payments if we can get this law passed
28
body.
(2)The governing body shall not implement any plan containing a provision dividing ad valorem taxes as provided in subsection
(1)of this section until such time as the real property in the redevelopment project is within the corporate boundaries of the city.
(3) Beginning August 1,2006, all notices of the provision for dividing ad valorem taxes shall be sent by the authority to the
county assessor on forms prescribed by the Property Tax Administrator. The notice shall be sent to the county assessor on
or before August 1 of the year of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
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•
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
March 28, 2007
SENATOR FRIEND: Thank you, Mr. Speaker. Mr. Clerk, items for the record.
CLERK: Thank you, Mr. President. New resolution, LR66, offered by Senator Flood.
That will be laid over. Amendments to be printed: Senator Dierks, to add his name to
LB629; Senator Harms to LB658; Senator Louden to LB658; and Senator Hudkins, four
amendments to LB658. An announcement, Mr. President. The Revenue Committee will
meet at 5:00 in Room 1524, Executive Session; Revenue Committee, 5:00, Room 1524.
Senator Stuthman would like to add his name to LB562, as cointroducer. (Legislative
Journal pages 960-964.) [LR66 LB629 LB658 LB562]
I have a priority motion, Mr. President. Senator Flood would move to adjourn until
Thursday, March 29, at 9:00 a.m.
SENATOR FRIEND: Members of the Legislature, you have heard the motion to adjourn
until Thursday, March 29, 2007, at 9:00 a.m. All those in favor please say aye. All those
opposed say nay. I believe the ayes have it. We are adjourned.
111
Disproportionate Share Hospital Program was created by the United
States government in 1981 to compensate hospitals that are serving underinsured or
uninsured individuals in Nebraska. LB292 will allow additional federal funds to be
brought into Nebr_aska's econom_y_withoutany new state-or-county-funding-being--
required. Although Nebraska is currently eligible for additional federal funds, in order to
receive these funds the state must first produce its matching portion of the DSH--that's
the acronym for Disproportionate Share Hospital; I'll refer to that as "dish"
(phonetic)--payments. LB292 will allow county boards to transfer general assistance
funds to the Department of Health and Human Services Finance and Support
Department prior to those payments being made to the providers, and the providers are
about ten hospitals in the state of Nebraska--exactly ten hospitals, sorry. These funds
would then be considered the state's match, which would result in additional federal
funding being available to the disproportionate share hospitals. The solution contains
two parts: general assistance payments and behavioral health regional payments.
Currently, general assistance payments are made directly from the county to the
provider or the hospital. The first part would give the counties the option of making
general assistance payments to HHS Finance and Support prior to the payments being
made to the providers. This intergovernmental transfer would utilize approximately $3.1
million annually from current county general assistance payments as the state's match,
and would potentially result in additional federal funding to the DSH program of
approximately $4.1 million. So in other words, we're taking $3.1 million that the counties
are providing to hospitals now, bring it back to HHS, they apply for the grant, and an
additional $4.1 million goes to these DSH hospitals that are the providers. The Centers
for Medicare and Medicaid Services, the CMS, on January 26, 2007, approved the use
of this intergovernmental transfer for the purpose in Nebraska. It's anticipated that this
bill will impact Medicaid fiscal year 2007 DSH payments if we can get this law passed
28
body.
(2)The governing body shall not implement any plan containing a provision dividing ad valorem taxes as provided in subsection
(1)of this section until such time as the real property in the redevelopment project is within the corporate boundaries of the city.
(3) Beginning August 1,2006, all notices of the provision for dividing ad valorem taxes shall be sent by the authority to the
county assessor on forms prescribed by the Property Tax Administrator. The notice shall be sent to the county assessor on
or before August 1 of the year of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
March 29, 2007
the extent possible, we can vote on General File, move this to Select, and use the set of
understandings that we've developed here. And I don't...I want to be very clear, what I'm
doing here does not or is not intended to leave one senator out of the discussion. I think
we know who the players are on both sides. Please invest, ask questions, be nosey,
find out what's going on, do what you can to represent your district to the extent you're
interested so that this solution isn't just a compromise among five; that it's a
compromise to the extent possible... [LB658]
SENATOR LANGEMEIER: One minute. [LB658]
SPEAKER FLOOD: ...among 49. That being said, thank you, Mr. President. [LB658]
SENATOR LANGEMEIER: Thank you, Speaker Flood. There are no other lights on.
Senator Raikes, you are recognized to close on LB658. [LB658]
SENATOR RAIKES: Mr. President, members of the Legislature, I thank you for the
discussion. I think it was enlightening and I think we made.progress. So I'm looking
forward to continued discussions and bringing something back to you on Select File.
Thank you. [LB658]
SENATOR LANGEMEIER: Thank you, Senator Raikes. You have heard the closing on
LB658. The question before the body is, shall LB658 advance to E&R Initial? All those
in favor vote yea; all those opposed vote nay. Have all those voted that wish to?
Record, Mr. Clerk. [LB658]
ASSISTANT CLERK: 29 ayes, 0 nays on the motion to advance the bill, Mr. President.
[LB658]
SENATOR LANGEMEIER: LB658 does advance. (Visitors introduced.) Mr. Clerk, next
item on the agenda, LB562. [LB658 LB562]
ASSISTANT CLERK: Mr. President, LB562, introduced by Senator Adams and others.
(Read title.) The bill was read for the first time on January 17 of this year, referred to the
Urban Affairs Committee. That committee reports the bill to General File with comm
ittee
amendments. (AM689, Legislative Journal page 863.) [LB562]
PRESIDENT SHEEHY PRESIDING [LB562]
PRESIDENT SHEEHY: Thank you, Mr. Clerk. Senator Adams, you're recognized to
open on LB562. [LB562]
SENATOR ADAMS: Thank you, Mr. Lieutenant Governor and members of the
Legislature. For the next few minutes during this introduction, if you'll indulge me, I'm
66
give the counties the option of making
general assistance payments to HHS Finance and Support prior to the payments being
made to the providers. This intergovernmental transfer would utilize approximately $3.1
million annually from current county general assistance payments as the state's match,
and would potentially result in additional federal funding to the DSH program of
approximately $4.1 million. So in other words, we're taking $3.1 million that the counties
are providing to hospitals now, bring it back to HHS, they apply for the grant, and an
additional $4.1 million goes to these DSH hospitals that are the providers. The Centers
for Medicare and Medicaid Services, the CMS, on January 26, 2007, approved the use
of this intergovernmental transfer for the purpose in Nebraska. It's anticipated that this
bill will impact Medicaid fiscal year 2007 DSH payments if we can get this law passed
28
body.
(2)The governing body shall not implement any plan containing a provision dividing ad valorem taxes as provided in subsection
(1)of this section until such time as the real property in the redevelopment project is within the corporate boundaries of the city.
(3) Beginning August 1,2006, all notices of the provision for dividing ad valorem taxes shall be sent by the authority to the
county assessor on forms prescribed by the Property Tax Administrator. The notice shall be sent to the county assessor on
or before August 1 of the year of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
March 29, 2007
not only going to stand before you as a fellow state senator, but I'd like to put my former
mayor hat on as well. You all know that there's not a town in the state of Nebraska, from
one end to the other, that doesn't work every day to stay just as vital as they possibly
can. They do everything they can to attract new people, to attract tax base just to stay
alive in many cases. What LB562 intends to do is to give to communities, from one end
of this state to the other, a second tool that they can use to further help them grow and
to stay vital. Now the simplest way for me to explain LB562 to you is I just want to give
you a quick scenario, and then I'm going to back up and give you an example of how it
might work. What LB562 will do, if passed, is to amend the community development
laws and give communities a second tool, in addition to the tax increment financing
tools that are already available to them. What the bill would do is to allow cities to
identify an area that they want to develop and to use the occupation tax authority that
they already have under law; impose the occupation tax on the redevelopment area and
the commercial and retail businesses within that redevelopment area, with their
consent, and only in that area, nowhere else; capture the occupation tax from those
newly developing businesses that have agreed with the city council to allow the
occupation tax to be imposed on their business, to capture the occupation tax, use the
revenues from those occupation taxes to pay down revenue bonds that the city would
issue on behalf, in effect, of the developer. Now that may seem rather complicated, so
let me make it...maybe make it a little bit simpler with an example. Most of you are
aware that it wasn't that long ago that we lost nearly 25 percent of the square in
downtown York. Now as a small rural community, what we struggle with at this point,
first of all, was getting it cleaned up. That's been taken care of. Now we have a bigger
issue--finding someone who's willing to come in to a small rural downtown and
redevelop some commercial retail businesses there. If we wanted them by the
interstate, we could find them. But if we want them downtown, that's a tough thing to
sell. What LB562 would do would be to give to the city of York or any other town in the
state of Nebraska an additional tool which might be just what it takes to get a developer
or developers to come in to anybody's downtown and bring commercial business. The
developer would come to the city council: This is the project that I want to do. The city
council, acting as a city council and the city redevelopment authority, would say, all
right, the project complies with our plan for the way we'd like to see the downtown go;
what can we do to help you out? Well, the developer might very well say, well, what I'd
really do is I'd like to go out to the interstate. The city council could say, well, if you go
out to the interstate that's all fine and good, but we'd really like to have you downtown
instead and in order to try to leverage that just a little bit, we would be willing to do this;
we'd be willing, if you are, Mr. or Mrs. contractor, we would be willing to impose an
occupation tax on the area that you own that you are developing; we will collect those
occupation taxes for as long as there is a revenue bond that has been issued by the city
on your behalf, and until that revenue bond is retired those occupation taxes will be
collected. It's a revenue bond. It's not a general obligation bond. The agreement is
between the city and the developer. It's the kind of thing that might just say to that
developer, you know what, I can make this go with that. The advantage of the
67
ear of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
Transcript Prepared By the Clerk of the Legislature
Transcriber% Office
Floor Debate
March 29, 2007
occupation tax, it's not sales tax, so we're not robbing tax from one place and putting it
in another. We're not robbing sales tax away from the state of Nebraska. The other
advantage to this is it's not property tax. I've got a little town up the road from York,
Stromsburg, a nonequalized school district. Stromsburg is struggling in their downtown
to stay alive. They think they've got a running shot at it and they want to be able to do
something. They have been using tax increment financing in order to build new
sidewalks, restore some of their store fronts. The problem is every time they use TIF the
school district comes in and, though they're good citizens, they cringe because we're
pulling tax base away from a nonequalized school district. This bill, if it were passed,
would give every community, from Lincoln, who has complained about losing property
tax base when they use TIF, to the little Stromsburgs, the opportunity to have another
option. It might be in addition to TIF or it might be in lieu of TIF. That generally is what
the bill is about. I'm confident that you may have questions so I'm going to stop at this
point. There are some committee amendments that are pretty important to the bill and
I'll be glad to field any questions. Thank you, Mr. Lieutenant Governor. [LB562]
PRESIDENT SHEEHY: Thank you, Senator Adams. We will now move to AM689, by
the Urban Affairs Committee. Senator Friend. [LB562]
SENATOR FRIEND: Thank you, Mr. President and members of the Legislature. This bill
was advanced unanimously right after it was amended. The committee amendment is a white copy amendment, which means, more or less, that we're striking all of the original _
provisions of the bill, but generally reflects the changes proposed by Senator Adams,
the sponsor of the legislation, at the public hearing on the bill and found in AM467,
which was presented at that time by Senator Adams. To that amendment, the
committee actually added two additional changes. It brought Section 10 into the
community development law and added into that section a list of the authorized
purposes for fund expenditures taken from Section 19-4019, instead of merely using a
reference to that statute. In this amendment, the original bill...the original bill's definition
of employer-provided health insurance is deleted and replaced with a definition of
employer-provided health benefits, which means any item paid by the employer, in total
or in part, that aids in the cost of healthcare services, including health insurance, health
savings-accounts and employer reimbursement of healthcare costs. The definition of
qualifying wage is deleted with the amendment. The original bill's language defining the
qualifying number of new employees that will result from the new investment is changed
so that it is tied to the size of the county in which the enhanced employment area is
located: (a), for example, (a) 2 new employees and $125,000 of new investment in
counties with a population of fewer than 15,000 inhabitants; (b) 5 new employees and
new investment of$250,000 in counties with a population of more than 15,000 but fewer
than 25,000 inhabitants; (c) 10 new employees and new investment of$500,000 in
counties with a population of more than $25,000 but fewer than $50,000 inhabitants; (d)
15 new employees and new investment of$1 million in counties of more than 50,000
but fewer than 100,000 inhabitants; (e) 20 new employees and new investment of
68
d. It's not a general obligation bond. The agreement is
between the city and the developer. It's the kind of thing that might just say to that
developer, you know what, I can make this go with that. The advantage of the
67
ear of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
•
•
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
March 29, 2007
$1,500,000 in counties with more than 100,000 but fewer than 200,000 inhabitants; (f)
25 new employees and new investment of$2 million in counties with more than 200,000
and less than 400,000 inhabitants; and finally (g) 30 new employees and new
investment of$3 million in counties with more than 400,000 inhabitants. Additionally,
and this is important, members of the Legislature, any business that has 100,000...or,
excuse me, 130,000 square feet or more of space and annual gross sales of$10 million
or more is required to offer an employer-provided health benefit of at least $3,000
annually to all new employees who are working 30 hours a week or more on the
average, and who have been employed for at least six months. Section 10 of the
original bill is stricken and replaced with totally new language which is then added to the
community development law, mainly because we didn't have a place to put this. There
was no placeholder. This section deals with the designation of an enhanced
employment area in an area which is not designated as substandard and blighted. New
definitions are added here, most significantly, the definition of number of new
employees for qualifying purposes. This, the term, means that the number of equivalent
employees employed at a business in an enhanced employment area which exceeds
the number of equivalent employees employed in the year immediately preceding the
year in which the enhanced employment area was designated pursuant to this section.
Revenue bonds are authorized to defray the cost of authorized work and to secure the
payment of the bonds. The bonds can be issued in one or more series with different
maturity dates, interest rates, and other terms and conditions deemed necessary.
Senator Adams did a good job of explaining that. The bonds are limited obligations of
the city--this is important, too--and shall not constitute nor give rise to a pecuniary
liability of the city or a charge against its general credit or taxing powers. Finally, a new
section, Section 11, is added which provides that if any section or part of the bill is found
to be invalid or unconstitutional it does not affect the validity or constitutionality of the
remaining portions of the bill. Members, really quickly, the five years I've been in office
here on the Urban Affairs Committee, we've been looking for opportunities like this,
we've been looking for tools like this, economic development tools. We all run on those
type of ideas. With LB562, I think the committee found something. Wanted to thank
Senator Adams, wanted to thank the committee for moving this through, and obviously
committee staff. If anybody has any questions in regard to these committee
amendments, I'd be happy to answer them. I would ask for the adoption of AM689 and
the eventual advancement of the bill. Thank you, Mr. President. [LB562]
PRESIDENT SHEEHY: Thank you, Senator Friend. You've heard the opening to
AM689, committee amendment to LB562. The floor is now open for discussion. Anyone
wishing to speak to this item? Senator Fulton. [LB562]
SENATOR FULTON: Thank you, Mr. President, members of the Legislature. I just have
a couple of questions, if Senator Friend would yield to a question. [LB562]
PRESIDENT SHEEHY: Senator Friend, would you yield? [LB562]
69
stment of$1 million in counties of more than 50,000
but fewer than 100,000 inhabitants; (e) 20 new employees and new investment of
68
d. It's not a general obligation bond. The agreement is
between the city and the developer. It's the kind of thing that might just say to that
developer, you know what, I can make this go with that. The advantage of the
67
ear of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
March 29, 2007
SENATOR FRIEND: Yes. [LB562]
SENATOR FULTON: The enhanced employment area, how is it...can you explain how
it's identified? I guess I'll preface that with the concern of eminent domain or a
designation of blighting. I'm concerned whether that's part of this process. I didn't see
that in the bill, but maybe you could explain that a little bit more succinctly. [LB562]
SENATOR FRIEND: Yeah, Senator Fulton, as simply as possible and hopefully
succinctly, city council determines that. The governmental subdivision determines what
those development areas will be. [LB562]
SENATOR FULTON: Okay. So it's not...is it fair to say it doesn't necessarily have to be
a blighted area? There doesn't have to be a designation of blight or the use... [LB562]
SENATOR FRIEND: No. [LB562]
SENATOR FULTON: ...or there's not necessarily going to be the use of eminent domain
before... [LB562]
--_ - - _ SENATOR FRIEND: No. [LB562]
SENATOR FULTON: Okay. Okay. The other part I just want to be certain and on record
that I understood correctly, we are providing an increase in taxing authority to cities and
towns, municipalities. [LB562]
SENATOR FRIEND: That's a possibility. Sorry, Senator Fulton, this is your time. That's
a possibility, but this taxing authority already exists... [LB562]
SENATOR FULTON: Okay. [LB562]
SENATOR FRIEND: ...for every class of city. [LB562]
SENATOR FULTON: Okay. And this authority which exists is for revenue bonds but not
for general obligation bonds. Is that correct? [LB562]
SENATOR FRIEND: Yeah. Correct. [LB562]
SENATOR FULTON: Okay. Okay, I don't have any other questions. Thank you, Mr.
President. [LB562]
PRESIDENT SHEEHY: Thank you, Senator Fulton. We have Senator Stuthman,
followed by Senator Nelson, and Senator Howard. Senator Stuthman. [LB562]
70
mportant, too--and shall not constitute nor give rise to a pecuniary
liability of the city or a charge against its general credit or taxing powers. Finally, a new
section, Section 11, is added which provides that if any section or part of the bill is found
to be invalid or unconstitutional it does not affect the validity or constitutionality of the
remaining portions of the bill. Members, really quickly, the five years I've been in office
here on the Urban Affairs Committee, we've been looking for opportunities like this,
we've been looking for tools like this, economic development tools. We all run on those
type of ideas. With LB562, I think the committee found something. Wanted to thank
Senator Adams, wanted to thank the committee for moving this through, and obviously
committee staff. If anybody has any questions in regard to these committee
amendments, I'd be happy to answer them. I would ask for the adoption of AM689 and
the eventual advancement of the bill. Thank you, Mr. President. [LB562]
PRESIDENT SHEEHY: Thank you, Senator Friend. You've heard the opening to
AM689, committee amendment to LB562. The floor is now open for discussion. Anyone
wishing to speak to this item? Senator Fulton. [LB562]
SENATOR FULTON: Thank you, Mr. President, members of the Legislature. I just have
a couple of questions, if Senator Friend would yield to a question. [LB562]
PRESIDENT SHEEHY: Senator Friend, would you yield? [LB562]
69
stment of$1 million in counties of more than 50,000
but fewer than 100,000 inhabitants; (e) 20 new employees and new investment of
68
d. It's not a general obligation bond. The agreement is
between the city and the developer. It's the kind of thing that might just say to that
developer, you know what, I can make this go with that. The advantage of the
67
ear of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
•
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
March 29, 2007
SENATOR STUTHMAN: Thank you, Mr. President and members of the body. I would
like to ask Senator Adams a couple questions, if he'd respond. [LB562]
PRESIDENT SHEEHY: Senator Adams, would you yield? [LB562]
SENATOR ADAMS: Yes. [LB562]
SENATOR STUTHMAN: Senator Adams, I understand the designation of the area that
you're trying to describe. It's defined by streets, blocks or whatever, but it is a defined
area. I would like for you to explain to me, you know, what type of businesses are you
going to go to try to get in there, and, you know, I need to have explained to me, you
know, the occupation tax of it. It states that the city may levy a general business
occupation tax. Could you explain the occupation tax portion of it? What is taxed; what
isn't? Who collects it? Where does it...l know it goes to retire the revenue bonds, but
explain that part of it to me, please. [LB562]
SENATOR ADAMS: Okay, let me back up for just a minute, Senator. The development
area or the enhanced employment area is whatever the contractor, the developer, and
the city agree to, and it would literally be defined and described in a contract. The
occupation tax, cities already, by statute, have the ability to impose an occupation tax.
They are not often used. And they're given the latitude to use the occupation tax in a
very generalized way. For instance, let's say in...I mean you can go back to downtown
York for a minute, as a hypothetical. Let's say in that burned out area we get an
appliance store that decides to come back, and up above the appliance store they
decide to use the second floor for apartments. The developer of the appliance store and
the apartments may sit down with the city of York and say, all right, how are we going to
set up this occupation tax. Well, it could be based on the gross sales of the appliance
store. That may seem like a reasonable way to do it. And as far as the apartment or
maybe office space up above, maybe it's imposed on a per square foot basis.
Oftentimes in restaurants it might be on a per seat basis. Cities, under statute, have
latitude as to how they want to use that. But it would be used only contractually with the
agreement of the developer, and on no other businesses, only those new ones. [LB562]
SENATOR STUTHMAN: Thank you, Senator Adams. One other concern that I have
and I may try to relate...ask Senator Adams that, if he'd respond again. [LB562]
SENATOR ADAMS: Yes. [LB562]
SENATOR STUTHMAN: On that occupation tax, what are the rates of it that is already
legal or it's in the process? What are the rates and is it on top of other city taxes, or can
you explain to that me? [LB562]
71
ions in regard to these committee
amendments, I'd be happy to answer them. I would ask for the adoption of AM689 and
the eventual advancement of the bill. Thank you, Mr. President. [LB562]
PRESIDENT SHEEHY: Thank you, Senator Friend. You've heard the opening to
AM689, committee amendment to LB562. The floor is now open for discussion. Anyone
wishing to speak to this item? Senator Fulton. [LB562]
SENATOR FULTON: Thank you, Mr. President, members of the Legislature. I just have
a couple of questions, if Senator Friend would yield to a question. [LB562]
PRESIDENT SHEEHY: Senator Friend, would you yield? [LB562]
69
stment of$1 million in counties of more than 50,000
but fewer than 100,000 inhabitants; (e) 20 new employees and new investment of
68
d. It's not a general obligation bond. The agreement is
between the city and the developer. It's the kind of thing that might just say to that
developer, you know what, I can make this go with that. The advantage of the
67
ear of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
•
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
March 29, 2007
SENATOR ADAMS: Well, it would be, as far as rates, it would be up to the developer
and the city what they want to agree to, whatever is going to work to pay the
amortization on those bonds. And would it be in addition to other taxes that already
exist? If a city has a local option sales tax, it would be in addition to that, yes, it would,
only with the agreement of the developer and only in that area being developed, no
place else in town. [LB562]
SENATOR STUTHMAN: So there will be no tax assessed in any part other than that
development area that you're trying... [LB562]
SENATOR ADAMS: That's correct. [LB562]
SENATOR STUTHMAN: ...that you're talking about. And... [LB562]
SENATOR ADAMS: That's absolutely right. [LB562]
SENATOR STUTHMAN: ...but the tax will be set between the developer, the city, and
possibly the ones that are the lessors...the lessees of those, like you demonstrated, a
retail store with apartments above. The owner of that building that's in there, or the
developer, they would come upon an agreement as to what the amount of tax would be.
[LB562]
SENATOR ADAMS: Correct. That's right. [LB562]
SENATOR STUTHMAN: And it has nothing to do with any other business that's in the
community other than that designated area. [LB562]
PRESIDENT SHEEHY: One minute. [LB562]
SENATOR ADAMS: That's exactly right. [LB562]
SENATOR STUTHMAN: Thank you. [LB562]
PRESIDENT SHEEHY: Mr. Clerk, do you have an announcement at your desk?
[LB562]
ASSISTANT CLERK: Mr. President, I do. Revenue Committee will hold an Executive
Session at 3:00 in Room 2102. [LB562]
PRESIDENT SHEEHY: Thank you. Senator Howard. [LB562]
SENATOR HOWARD: Thank you, Mr. Lieutenant Governor, members of the body. If
Senator Friend would yield to a question or two. [LB562]
72
store. That may seem like a reasonable way to do it. And as far as the apartment or
maybe office space up above, maybe it's imposed on a per square foot basis.
Oftentimes in restaurants it might be on a per seat basis. Cities, under statute, have
latitude as to how they want to use that. But it would be used only contractually with the
agreement of the developer, and on no other businesses, only those new ones. [LB562]
SENATOR STUTHMAN: Thank you, Senator Adams. One other concern that I have
and I may try to relate...ask Senator Adams that, if he'd respond again. [LB562]
SENATOR ADAMS: Yes. [LB562]
SENATOR STUTHMAN: On that occupation tax, what are the rates of it that is already
legal or it's in the process? What are the rates and is it on top of other city taxes, or can
you explain to that me? [LB562]
71
ions in regard to these committee
amendments, I'd be happy to answer them. I would ask for the adoption of AM689 and
the eventual advancement of the bill. Thank you, Mr. President. [LB562]
PRESIDENT SHEEHY: Thank you, Senator Friend. You've heard the opening to
AM689, committee amendment to LB562. The floor is now open for discussion. Anyone
wishing to speak to this item? Senator Fulton. [LB562]
SENATOR FULTON: Thank you, Mr. President, members of the Legislature. I just have
a couple of questions, if Senator Friend would yield to a question. [LB562]
PRESIDENT SHEEHY: Senator Friend, would you yield? [LB562]
69
stment of$1 million in counties of more than 50,000
but fewer than 100,000 inhabitants; (e) 20 new employees and new investment of
68
d. It's not a general obligation bond. The agreement is
between the city and the developer. It's the kind of thing that might just say to that
developer, you know what, I can make this go with that. The advantage of the
67
ear of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
•
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
March 29, 2007
PRESIDENT SHEEHY: Senator Friend, would you yield? [LB562]
SENATOR FRIEND: Yes. Yes, I will. [LB562]
SENATOR HOWARD: Thank you. Keeping in mind the old saying that all politics is
local, could you give me a picture of how this might work in Omaha, say the northeast
section where it's often difficult to attract business? [LB562]
SENATOR FRIEND: Sure. Absolutely. I can give you a nice analogy or hypothetical. In
my area, the northwest area, there was recently tax increment financing used to...over
near the 72 Street, North 72 Street area up by the interstate to build a retail outlets.
There is now all kinds of, you know, different retail opportunities up there. It was
"TIFed." Wouldn't have had to...wouldn't have had to had been done that way if
something like this was in place, because this would have been tiered. This...all of that
stuff in there would have been analyzed and tiered, the Target that moved in and
everything else. The city could have utilized this with just a vote of the city council. They
could have circled that area and used occupational tax instead of pulling property tax
out of the mix, which is what TIF does every time you use it. So I'm not trying to do a
soft-sell job here, Senator Howard, but this is totally different than TIF in that it deals
with different pockets of taxation. Every time somebody us.es_TIE,_it_is...the_argument------------- ---
could be that somebody could walk into a hearing and say you're taking away from our
schools, you're taking away from our schools. This is taxing authority that everybody
has, that everybody is using, and we're circling it and providing some bonding authority,
associating bonding authority around it. So that could have been done without "TlFing"
it, the whole thing could have been done, and you grab a tier and you build all that stuff
without"TlFing" it, and you probably could have. I don't know what the difference in
financing would have been, but I'm saying it probably could have been done without
using tax increment financing, or in...it could have been done using it in parallel with it.
[LB562]
SENATOR HOWARD: Okay. Well, that's really interesting and it really helps me to
better understand the plan. Do you think this would be alluring, let's use that word,
alluring enough for businesses that otherwise wouldn't consider a particular area, to
look at it? [LB562]
SENATOR FRIEND: I do because of the restrictions placed on TIF in regard to
substandard and blighted. You...in a lot of our communities, the city councils and the
subdivisions have...the representatives of those subdivisions have the ability to
implement without twisting that substandard and blighted piece of the puzzle or placing
that stuff in there. So there are...there are things that TIF is used for and things that TIF
is out there for that it's just not going to be required from this angle. This is a totally
different type of mind-set. [LB562]
73
689, committee amendment to LB562. The floor is now open for discussion. Anyone
wishing to speak to this item? Senator Fulton. [LB562]
SENATOR FULTON: Thank you, Mr. President, members of the Legislature. I just have
a couple of questions, if Senator Friend would yield to a question. [LB562]
PRESIDENT SHEEHY: Senator Friend, would you yield? [LB562]
69
stment of$1 million in counties of more than 50,000
but fewer than 100,000 inhabitants; (e) 20 new employees and new investment of
68
d. It's not a general obligation bond. The agreement is
between the city and the developer. It's the kind of thing that might just say to that
developer, you know what, I can make this go with that. The advantage of the
67
ear of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
•
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
March 29, 2007
SENATOR HOWARD: Well, I find that very encouraging and hopeful for areas of the
city that really don't have the employment base that they need, that would really help
support their economy. Also, there was another piece you mentioned and that was
regarding the health insurance coverage. If you could just give me a little more
information on that. [LB562]
SENATOR FRIEND: Right. The original...the initial language was more general. It
did...or, excuse me, it was more specific and I think it dealt with just health insurance.
We changed it in the committee to health benefits, so that you're talking about the
savings accounts and everything else. We wanted to be more encompassing for two
reasons: one, because we felt like we should be;... [LB562]
PRESIDENT SHEEHY: One minute. [LB562]
SENATOR FRIEND: ...and the other reason is because we were afraid...or we knew
that most companies are dealing with it from that standpoint in regard to the way they
hand...the way they create these benefits. The language just fit better. Instead of
getting...the bottom line is you would have only been able to use some of that, or
implement, in relationship to health insurance, and we felt like it wasn't covering
everything that needed to be covered. [LB562] _ __
SENATOR HOWARD: I see. Thank you so much for the information. I appreciate it.
[LB562]
SENATOR FRIEND: Sure. [LB562]
SENATOR HOWARD: Thank you. [LB562]
PRESIDENT SHEEHY: Anyone else wishing to speak on this item? Seeing none,
Senator Friend, you're recognized to close on AM689. [LB562]
SENATOR FRIEND: Thank you, Mr. President. Just again to say thank you and once
again respectfully ask for the adoption of the amendments and the advancement of the
bill. Thank you. [LB562]
PRESIDENT SHEEHY: Thank you, Senator Friend. You've heard the closing to AM689.
The question before the body is, shall AM689 be adopted? All those in favor vote yea;
opposed, nay. Have all voted who wish? Please record, Mr. Clerk. [LB562]
ASSISTANT CLERK: 29 ayes, 0 nays on the adoption of committee amendments, Mr.
President. [LB562]
74
WARD: Okay. Well, that's really interesting and it really helps me to
better understand the plan. Do you think this would be alluring, let's use that word,
alluring enough for businesses that otherwise wouldn't consider a particular area, to
look at it? [LB562]
SENATOR FRIEND: I do because of the restrictions placed on TIF in regard to
substandard and blighted. You...in a lot of our communities, the city councils and the
subdivisions have...the representatives of those subdivisions have the ability to
implement without twisting that substandard and blighted piece of the puzzle or placing
that stuff in there. So there are...there are things that TIF is used for and things that TIF
is out there for that it's just not going to be required from this angle. This is a totally
different type of mind-set. [LB562]
73
689, committee amendment to LB562. The floor is now open for discussion. Anyone
wishing to speak to this item? Senator Fulton. [LB562]
SENATOR FULTON: Thank you, Mr. President, members of the Legislature. I just have
a couple of questions, if Senator Friend would yield to a question. [LB562]
PRESIDENT SHEEHY: Senator Friend, would you yield? [LB562]
69
stment of$1 million in counties of more than 50,000
but fewer than 100,000 inhabitants; (e) 20 new employees and new investment of
68
d. It's not a general obligation bond. The agreement is
between the city and the developer. It's the kind of thing that might just say to that
developer, you know what, I can make this go with that. The advantage of the
67
ear of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
March 29, 2007
PRESIDENT SHEEHY: AM689 is adopted. Further discussion on LB562? Seeing none,
Senator Adams, you're recognized to close on LB562. [LB562]
SENATOR ADAMS: Thank you, Mr. Lieutenant Governor. I'll make my closing very
quick, but let me reiterate a couple of key points about this. This gives to cities another
tool, an economic development tool, that they can use at their discretion. Any
agreements to use the occupation tax must be arrived at between the developer and the
city. The occupation tax, if it's agreed to be imposed, goes no further than this new
development area. That's as far as it goes. It presents an additional opportunity for
those cities who are terrifically concerned about losing property tax base. It gives them
another tool that they can use rather than the property tax base. I'd urge your support.
Thank you, Mr. Lieutenant Governor. [LB562]
PRESIDENT SHEEHY: Thank you, Senator Adams. You've heard the closing to LB562.
The question before the body is, shall LB562 advance to E&R Initial? All those in favor
vote yea; opposed, nay. Have all voted who wish? Please record, Mr. Clerk. [LB562]
ASSISTANT CLERK: 32 ayes, O nays on the motion to advance the bill, Mr. President.
[LB562]
PRESIDENT SHEEHY: LB562 does advance. Next item, Mr. Clerk. [LB562]
ASSISTANT CLERK: Mr. President, the next bill is LB457, which is legislation
introduced by Senator Hansen and others. (Read title.)The bill was read for the first
time on January 16, referred to the Judiciary Committee. That committee reports the bill
to General File without committee amendments. [LB457]
PRESIDENT SHEEHY: Thank you, Mr. Clerk. Senator Hansen, you're recognized to
open on LB457. [LB457]
SENATOR HANSEN: Thank you, Mr. President, members of the Legislature. LB457 is
an attempt to strengthen the intent of Nebraska's foster care system. As of March 25,
2007, there were 5,038 Nebraska children in foster care. That number is the same as
the entire population of the city of Ogallala, or nearly as many seats that were added to
the new addition to the north stadium at Memorial Stadium this year. One thousand
three hundred and thirty-eight have been in foster care for more than 24 months. One
thousand two hundred and ninety-nine children are under the age of six. One thousand
eight hundred and eighty-eight of those children have been removed from the home
more than once. Two thousand four hundred and thirty-three, or 48 percent, have been
moved four or more times. Sixty-five percent of the children that enter foster care due to
neglect...they are entered into foster care due to neglect, which is defined as not
providing for the child's physical, medical, or emotional needs. We must begin the
process of changing those numbers. LB457 is my initiation of that process. Specifically,
75
is out there for that it's just not going to be required from this angle. This is a totally
different type of mind-set. [LB562]
73
689, committee amendment to LB562. The floor is now open for discussion. Anyone
wishing to speak to this item? Senator Fulton. [LB562]
SENATOR FULTON: Thank you, Mr. President, members of the Legislature. I just have
a couple of questions, if Senator Friend would yield to a question. [LB562]
PRESIDENT SHEEHY: Senator Friend, would you yield? [LB562]
69
stment of$1 million in counties of more than 50,000
but fewer than 100,000 inhabitants; (e) 20 new employees and new investment of
68
d. It's not a general obligation bond. The agreement is
between the city and the developer. It's the kind of thing that might just say to that
developer, you know what, I can make this go with that. The advantage of the
67
ear of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
•
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
April 04, 2007
SENATOR LANGEMEIER: Welcome to the George W. Norris Legislative Chamber. The
afternoon session is about to reconvene. Senators, please record your presence.
Senators, please return to the Chamber and record your presence so we can proceed
to continue discussion. Senator Preister, Mines, McDonald, Ashford, please return to
the Chamber. Please check in so we can proceed. Senator Janssen. Senators Harms,
Schimek, please return to the Chamber and record your presence. Mr. Clerk, please
record. []
ASSISTANT CLERK: There is a quorum present, Mr. President. []
SENATOR LANGEMEIER: Thank you, Mr. Clerk. Do you have any items for the
record? []
ASSISTANT CLERK: Mr. President, I do. I have an Attorney General's Opinion (re
LB57) addressed to Senator Mines. Your Committee on Enrollment and Review reports
LB658 to Select File with amendments; LB562 to Select File with amendments; LB457,
Select File; LB415, Select File with amendments; and LB415A to Select File; as well as
LB218. (Legislative Journal pages 1075-1082.) [LB57 LB658 LB562 LB457 LB415
LB415A LB218]
SENATOR LANGEMEIER: Thank you, Mr. Clerk. (Visitors introduced.) Mr. Clerk, we
will proceed to the first item on the afternoon agenda. Mr. Clerk. []
ASSISTANT CLERK: Mr. President, under consideration was LB564. The next
amendment to the committee amendments on that bill is offered by Senator Chambers,
FA60. (Legislative Journal page 1082.) [LB564]
SENATOR LANGEMEIER: Thank you, Mr. Clerk. Senator Chambers, you're recognized
to open on FA60. [LB564]
SENATOR CHAMBERS: Thank you. Mr. President, members of the Legislature,
Senator Lathrop and I have been talking and working, trying to reach an accord on this
bill. I don't know whether we will. But this amendment that I'm offering is one that I think
should be seriously considered. What it would do is say the following. First of all, so
you'll know what it's attached to, one of the areas of exemption where you cannot have
a cause of action is if an injury results from the inherent risk of the recreational activity. I
want to add some language after that. When there is a risky activity, this is the language
I would have, and this is what must be put on a sign to save the political subdivision
from liability: "if safety rules have been formulated, posted prominently, and are
enforced by the entity providing such recreational activity." So that neither I nor Senator
Lathrop will seem to be coy, he said that he thinks the people he's working with would
have a problem with the part requiring that there be an enforcement of these safety
49
lect, which is defined as not
providing for the child's physical, medical, or emotional needs. We must begin the
process of changing those numbers. LB457 is my initiation of that process. Specifically,
75
is out there for that it's just not going to be required from this angle. This is a totally
different type of mind-set. [LB562]
73
689, committee amendment to LB562. The floor is now open for discussion. Anyone
wishing to speak to this item? Senator Fulton. [LB562]
SENATOR FULTON: Thank you, Mr. President, members of the Legislature. I just have
a couple of questions, if Senator Friend would yield to a question. [LB562]
PRESIDENT SHEEHY: Senator Friend, would you yield? [LB562]
69
stment of$1 million in counties of more than 50,000
but fewer than 100,000 inhabitants; (e) 20 new employees and new investment of
68
d. It's not a general obligation bond. The agreement is
between the city and the developer. It's the kind of thing that might just say to that
developer, you know what, I can make this go with that. The advantage of the
67
ear of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
April 05, 2007
CLERK: Senator McGill, I have nothing further on LB232. [LB232]
SENATOR LANGEMEIER: Senator McGill, you're recognized for a motion. [LB232]
SENATOR McGILL: Mr. President, I move LB332 to E&R for engrossing...or, LB232 to
E&R for engrossing. Pardon me. [LB232]
SENATOR LANGEMEIER: Thank you, Senator McGill. You've heard the motion on the
advancement of LB232. All those in favor say aye. All those opposed say nay. LB232
does advance. Mr. Clerk. [LB232]
CLERK: LB502. Senator McGill, I have Enrollment and Review amendments. (ER8061,
Legislative Journal page 1027.) [LB502]
SENATOR LANGEMEIER: Senator McGill, for a motion. [LB502]
SENATOR McGILL: Mr. President, I move the E&R amendments. [LB502]
SENATOR LANGEMEIER: You've heard the motion to adopt the E&R amendments. All
those in favor say aye. All those opposed say nay. They are adopted. [LB502]
CLERK: I have nothing further on LB502, Senator. [LB502]
SENATOR LANGEMEIER: Senator McGill, for a motion. [LB502]
SENATOR McGILL: Mr. President, I move LB502 to E&R for engrossing. [LB502]
SENATOR LANGEMEIER: You've heard the motion on the advancement of LB502. All
those in favor say aye. All those opposed say nay. LB502 does advance. Mr. Clerk.
[LB502]
CLERK: LB562, Senator. I have Enrollment and Review amendments. (ER8065,
Legislative Journal page 1077.) [LB562]
SENATOR LANGEMEIER: Senator McGill, you're recognized. [LB562]
SENATOR McGILL: Mr. President, I move the E&R amendments. [LB562]
SENATOR LANGEMEIER: You've heard the motion to adopt the E&R amendments to
LB562. All those in favor say aye. All those opposed say nay. They are adopted.
[LB562]
12
king and working, trying to reach an accord on this
bill. I don't know whether we will. But this amendment that I'm offering is one that I think
should be seriously considered. What it would do is say the following. First of all, so
you'll know what it's attached to, one of the areas of exemption where you cannot have
a cause of action is if an injury results from the inherent risk of the recreational activity. I
want to add some language after that. When there is a risky activity, this is the language
I would have, and this is what must be put on a sign to save the political subdivision
from liability: "if safety rules have been formulated, posted prominently, and are
enforced by the entity providing such recreational activity." So that neither I nor Senator
Lathrop will seem to be coy, he said that he thinks the people he's working with would
have a problem with the part requiring that there be an enforcement of these safety
49
lect, which is defined as not
providing for the child's physical, medical, or emotional needs. We must begin the
process of changing those numbers. LB457 is my initiation of that process. Specifically,
75
is out there for that it's just not going to be required from this angle. This is a totally
different type of mind-set. [LB562]
73
689, committee amendment to LB562. The floor is now open for discussion. Anyone
wishing to speak to this item? Senator Fulton. [LB562]
SENATOR FULTON: Thank you, Mr. President, members of the Legislature. I just have
a couple of questions, if Senator Friend would yield to a question. [LB562]
PRESIDENT SHEEHY: Senator Friend, would you yield? [LB562]
69
stment of$1 million in counties of more than 50,000
but fewer than 100,000 inhabitants; (e) 20 new employees and new investment of
68
d. It's not a general obligation bond. The agreement is
between the city and the developer. It's the kind of thing that might just say to that
developer, you know what, I can make this go with that. The advantage of the
67
ear of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
•
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
April 05, 2007
CLERK: I have nothing further on LB562, Senator. [LB562]
SENATOR LANGEMEIER: Senator McGill, for a motion. [LB562]
SENATOR McGILL: Mr. President, I move LB562 to E&R for engrossing. [LB562]
SENATOR LANGEMEIER: You've heard the motion on LB562. All those in favor say
aye. All those opposed say nay. LB562 does advance. Mr. Clerk. [LB562]
CLERK: LB457, Senator. I do not have Enrollment and Review. Senator Hansen would
move to amend with AM898. (Legislative Journal page 1047.) [LB457]
SENATOR LANGEMEIER: Senator Hansen, you are recognized to open on AM898.
[LB457]
SENATOR HANSEN: Thank you, Mr. President, members of the body. The amendment
AM898 is a compromise that we came up with for LB457, and what it does is basically
write a list of questions for the caregiver of foster children to submit to the court, and
then the court makes its decision whether or not the judge wants to go into any further
detail. The...1'11 just read Section 1, and that's all that...the main part of it. The court shall
provide a caregiver information form to the foster parent, preadoptive parent, guardian,
or relative providing care for the child when giving notice to a court review described in
the section. The form is dated and signed by the caregiver and shall, at minimum,
request the following. And then we list quite a few things there--the name, the picture,
and current status of the child's physical/emotional well-being. And then on the second
page, item (2), caregiver information form shall be developed by the Supreme Court.
Such form shall be made a part of the record in each court that reviews the child's foster
care proceedings. This is not intended to be a mandatory for caregivers to fill out. But if
they feel that they have something to provide to the court, then they'll have a form to do
that. And with that, Mr. President, that's about the sum of the amendment. [LB457]
SENATOR LANGEMEIER: Thank you, Senator Hansen. (Visitors introduced.) You've
heard the opening on AM898, offered by Senator Hansen to LB457. The floor is now
open for discussion. Senator Lathrop, you're recognized. [LB457]
SENATOR LATHROP: Thank you, Mr. President. When this bill was originally offered, I
stood in support. It ran into some opposition on General File. And the amendments that
Senator Hansen has brought to us today are commonsense, they are workable, they
will allow foster parents to be heard, at least to have a say, and for the judge to have
information that will be helpful. This amendment was...came together, members, with
the benefit, or with the help of Judge Gendler, who's a juvenile court judge in Sarpy
County, Nebraska. And for those of you who have never had an opportunity to meet
Judge Gendler, he is a very committed juvenile court judge, very competent, very
13
75
is out there for that it's just not going to be required from this angle. This is a totally
different type of mind-set. [LB562]
73
689, committee amendment to LB562. The floor is now open for discussion. Anyone
wishing to speak to this item? Senator Fulton. [LB562]
SENATOR FULTON: Thank you, Mr. President, members of the Legislature. I just have
a couple of questions, if Senator Friend would yield to a question. [LB562]
PRESIDENT SHEEHY: Senator Friend, would you yield? [LB562]
69
stment of$1 million in counties of more than 50,000
but fewer than 100,000 inhabitants; (e) 20 new employees and new investment of
68
d. It's not a general obligation bond. The agreement is
between the city and the developer. It's the kind of thing that might just say to that
developer, you know what, I can make this go with that. The advantage of the
67
ear of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
April 10, 2007
every day. And I think, speaking for myself, I know I've taken water for granted. It's there
when you turn on the tap. It's there whenever we need it. And I think the ice storm at the
end of the year and the drought has definitely heightened my level of awareness about
water and how we use it. And it's, you know, we sit on top of the largest aquifer. [LB701]
SENATOR SCHIMEK: One minute. [LB701]
SENATOR DUBAS: It's a resource that has been readily available to us. We've never
questioned its availability. But I think the situations that we've dealt with over the last
few years with the drought has definitely brought that situation home to all of us. And I
hope through this bill we're going to be able to move forward with water policy that is
going to recognize just how valuable the Ogallala Aquifer and water is to our state,
whether we're in agriculture or any other business. Again, I support Senator
Christensen's amendment and will also be supporting the bill. Thank you. [LB701]
SENATOR SCHIMEK: Thank you, Senator Dubas. Mr. Clerk, are there items for the
record? [LB701]
CLERK: There are, Madam President. Your Committee on Enrollment and Review
reports LB198, LB232, LB338, LB415, LB415A, LB457, LB502, and LB562 as correctly
engrossed. I have a gubernatorial appointment and a reference report referring_that _ _ _
appointment to standing committee for confirmation hearing. Your Committee on
Judiciary, chaired by Senator Ashford, reports LB377 and LB674 to General File with
committee amendments attached. An announcement: Senator Raikes would like to
have a meeting of the Education Committee at noon in Room 1126; Education
Committee at noon in Room 1126. And I have a priority motion, Madam President.
Senator McDonald would move to recess until 1:30 p.m. (Legislative Journal pages
1119-1122.) [LB198 LB232 LB338 LB415 LB415A LB457 LB502 LB562 LB377 LB674]
SENATOR SCHIMEK: Thank you. You've heard the motion to recess until 1:30 p.m. All
in favor say aye. All opposed, nay. The ayes have it. We are in recess until 1:30 p.m. [j
RECESS []
SENATOR SCHIMEK PRESIDING []
SENATOR SCHIMEK: (Recorder malfunction)...W. Norris Legislative Chamber. The
afternoon session is about to reconvene. Senators, please record your presence. Roll
call. Record, Mr. Clerk. []
CLERK: I have a quorum present, Madam President. []
SENATOR SCHIMEK: Thank you, Mr. Clerk. Do you have any items for the record? []
29
e to have
information that will be helpful. This amendment was...came together, members, with
the benefit, or with the help of Judge Gendler, who's a juvenile court judge in Sarpy
County, Nebraska. And for those of you who have never had an opportunity to meet
Judge Gendler, he is a very committed juvenile court judge, very competent, very
13
75
is out there for that it's just not going to be required from this angle. This is a totally
different type of mind-set. [LB562]
73
689, committee amendment to LB562. The floor is now open for discussion. Anyone
wishing to speak to this item? Senator Fulton. [LB562]
SENATOR FULTON: Thank you, Mr. President, members of the Legislature. I just have
a couple of questions, if Senator Friend would yield to a question. [LB562]
PRESIDENT SHEEHY: Senator Friend, would you yield? [LB562]
69
stment of$1 million in counties of more than 50,000
but fewer than 100,000 inhabitants; (e) 20 new employees and new investment of
68
d. It's not a general obligation bond. The agreement is
between the city and the developer. It's the kind of thing that might just say to that
developer, you know what, I can make this go with that. The advantage of the
67
ear of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
April 19, 2007
CLERK: (Read LB502 on Final Reading.) [LB502]
SPEAKER FLOOD: All provisions of law relative to procedure having been complied
with, the question is, shall LB502 pass? All those in favor vote aye; all those opposed
vote nay. Record please, Mr. Clerk. [LB502]
CLERK: (Record vote read, Legislative Journal pages 1221-1222.) 42 ayes, 1 nay, 6
excused and not voting, Mr. President. [LB502]
SPEAKER FLOOD: LB502 passes. Mr. Clerk, we now move to LB562. The first vote is
to dispense with the at-large reading. All those in favor vote aye; all those opposed vote
nay. Record please, Mr. Clerk. [LB502 LB562]
CLERK: 33 ayes, 4 nays to dispense with the at-large reading, Mr. President. [LB562]
SPEAKER FLOOD: The at-large reading is dispensed with. Mr. Clerk, please read the
title. [LB562]
CLERK: (Read title of LB562.) [LB562]
SPEAKER-FLODD:All provisions of-law relafveto procedurehaving been complied
with, the question is, shall LB562 pass? All those in favor vote aye; all those opposed
vote nay. Record please, Mr. Clerk. [LB562]
CLERK: (Record vote read, Legislative Journal page 1222.) 43 ayes, 0 nays, 6 excused
and not voting, Mr. President. [LB562]
SPEAKER FLOOD: LB562 passes. While the Legislature is in session and capable of
transacting business, I propose to sign and do hereby sign LB232, LB415, LB415A,
LB457, LB502, and LB562. (Visitors introduced.) [LB562 LB232 LB415 LB415A LB457
LB502]
SENATOR FRIEND PRESIDING []
SENATOR FRIEND: Members, we are, as Senator Flood mentioned, we are on Select
File. Mr. Clerk, first bill, LB701. [LB701]
CLERK: Mr. President, LB701. Senator McGill, I have Enrollment and Review
amendments first of all. (ER8070, Legislative Journal page 1181.) [LB701]
SENATOR FRIEND: Senator McGill, for a motion. [LB701]
3
al pages
1119-1122.) [LB198 LB232 LB338 LB415 LB415A LB457 LB502 LB562 LB377 LB674]
SENATOR SCHIMEK: Thank you. You've heard the motion to recess until 1:30 p.m. All
in favor say aye. All opposed, nay. The ayes have it. We are in recess until 1:30 p.m. [j
RECESS []
SENATOR SCHIMEK PRESIDING []
SENATOR SCHIMEK: (Recorder malfunction)...W. Norris Legislative Chamber. The
afternoon session is about to reconvene. Senators, please record your presence. Roll
call. Record, Mr. Clerk. []
CLERK: I have a quorum present, Madam President. []
SENATOR SCHIMEK: Thank you, Mr. Clerk. Do you have any items for the record? []
29
e to have
information that will be helpful. This amendment was...came together, members, with
the benefit, or with the help of Judge Gendler, who's a juvenile court judge in Sarpy
County, Nebraska. And for those of you who have never had an opportunity to meet
Judge Gendler, he is a very committed juvenile court judge, very competent, very
13
75
is out there for that it's just not going to be required from this angle. This is a totally
different type of mind-set. [LB562]
73
689, committee amendment to LB562. The floor is now open for discussion. Anyone
wishing to speak to this item? Senator Fulton. [LB562]
SENATOR FULTON: Thank you, Mr. President, members of the Legislature. I just have
a couple of questions, if Senator Friend would yield to a question. [LB562]
PRESIDENT SHEEHY: Senator Friend, would you yield? [LB562]
69
stment of$1 million in counties of more than 50,000
but fewer than 100,000 inhabitants; (e) 20 new employees and new investment of
68
d. It's not a general obligation bond. The agreement is
between the city and the developer. It's the kind of thing that might just say to that
developer, you know what, I can make this go with that. The advantage of the
67
ear of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
a1i 'C,'L tlti,Rct! f f t Govornincilt it oi'k ,
•
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
April 19, 2007
SPEAKER FLOOD: I move the advancement of LB701 to E&R for engrossing. [LB701]
SENATOR FRIEND: All those in favor of advancement please signify by saying aye. All
those opposed say nay. LB701 does advance. Mr. Speaker, you are recognized to
advance LB701A, if you will. [LB701 LB701A]
SPEAKER FLOOD: Mr. President, I would move that LB701A advance to E&R for
engrossing. [LB701A]
SENATOR FRIEND: Members, you have heard the motion. All those in favor please
signify by saying aye. All those opposed say nay. LB701A does advance. Mr. Clerk,
items? [LB701A]
CLERK: Thank you, Mr. President. Senator Erdman would like to announce that the
Agriculture Committee will meet under the north balcony upon adjournment; that's the
Ag Committee, upon adjournment underneath the north balcony today. Hearing notice
from the Government, Military and Veterans Affairs Committee, and amendments to be
printed: Senator Schimek to LB405; Senator Kopplin to LB596; Senator Avery to LB551.
And bills read on Final Reading this morning, Mr. President, were presented to the
Governor as of 9:43 a.m. (re: LB232, LB415, LB415A, LB457, LB502, and LB562.) And
that's all that I have. (Legislative Journal pages1227-1232_) [LB232 LB405LB415_._ ._ _ _.
LB415A LB457 LB502 LB551 LB562 LB596]
SENATOR LANGEMEIER PRESIDING
SENATOR LANGEMEIER: Thank you, Mr. Clerk. Speaker Flood, you are recognized
for an announcement.
SPEAKER FLOOD: Well, I have two announcements today, and I think both very timely.
One of them you're going to like; one of them you may have mixed feelings about. The
first is, given the fact that we're moving along this morning--I know earlier in the week I
said we'd have an extended day today that could go as late as three--at this time, with
plenty of notice to folks, I think we're going to hopefully adjourn around noon, and that
is, in part, because we have accomplished a lot this week, and I think we've taken a lot
of time on bills that need extensive debate. The second issue is late nights. We're to
that point in the session where we will be working into the evening. You will be receiving
a memo in front of you. You will be...a memo will be placed in your mailboxes, and one
will be sent by Internet e-mail to each of your offices. I have designated a number of
days that we could work late nights. My idea of a late night doesn't usually consist of
adjourning any time before 8:30. However, as you'll note in the final paragraph, I do
reserve the right to cancel late night or to adjourn earlier than that 8:30 time, given the
circumstances. Obviously, we're preparing for a lot of late nights. It also is very much
conditioned upon how we work through issues on the floor, and so your ability to confine
26
udge, very competent, very
13
75
is out there for that it's just not going to be required from this angle. This is a totally
different type of mind-set. [LB562]
73
689, committee amendment to LB562. The floor is now open for discussion. Anyone
wishing to speak to this item? Senator Fulton. [LB562]
SENATOR FULTON: Thank you, Mr. President, members of the Legislature. I just have
a couple of questions, if Senator Friend would yield to a question. [LB562]
PRESIDENT SHEEHY: Senator Friend, would you yield? [LB562]
69
stment of$1 million in counties of more than 50,000
but fewer than 100,000 inhabitants; (e) 20 new employees and new investment of
68
d. It's not a general obligation bond. The agreement is
between the city and the developer. It's the kind of thing that might just say to that
developer, you know what, I can make this go with that. The advantage of the
67
ear of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
tw.....w.` ...,,..... vw......w.... w........w.-....................n..+.....w..........m..w.„„...-...:.......w....w.....w.............:........n.... vw.. n......»......w....w«..w..............v.....
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•
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
April 25, 2007
•
glazed over, I can't really put my hands around all of this DRG business. But it really,
this bill really gets down to something pretty simple and that is that we're doing
something for the hospitals, we're doing something for the work comp carriers. The
carriers then hopefully will pass that benefit along and the savings along to
businesspersons here in the state. And we're doing something for employees. For the
employer and the insurance carriers, we are providing them with a lower amount that
they'll have to pay for care of the injured worker. That will result in savings that will be
passed along to businesses in the state of Nebraska. For the hospitals, we have a
provision that requires that payment be prompt. And I can tell you, hospitals have
trouble getting prompt payment. And the provisions here essentially say let us know if
you need any more information within 15, 20 days, whatever the term is, and if you don't
you have to pay within 30 days, and if you don't pay within 30 days you don't pay the
discounted amount, you pay the full freight. And that is the incentives for hospitals in
this bill. And then of course, for the worker, the worker is provided with a benefit here.
Some of the savings is passed along to employees who have bilateral injuries. The
typical example is someone who works in the meat packing industry, has bilateral carpal
tunnel syndrome. They would only receive a few thousand dollars if they were treated
as two members. But because it may be a career ending type of an injury, if they have a
loss of earning capacity of 30 percent or greater, then they are treated as a body as a
whole. And I can just tell you, they're more fairly compensated. AM1130, which I'm
closing on, exempts from this process for two years the DRGs for traumas. They are the
most expensive, the most difficult piece of-this puzZfeWe will exempt-t eh i=or two .- --
years. We'll probably take a look and see how they're paying that, what kind of savings
are being realized by businesses and by insurance companies in that two-year period.
And I would urge your support of AM1130 as well as the Business and Labor
Committee amendment and LB588. Thank you. [LB588]
SENATOR LANGEMEIER: Thank you, Senator Lathrop. You have heard the closing on
AM1130 to the committee amendment, AM862. The question is, shall AM1130 be
adopted? All those in favor vote yea; all those opposed vote nay. Have all those voted
that wish to? Record, Mr. Clerk. [LB588]
ASSISTANT CLERK: 28 ayes, 0 nays on the adoption of Senator Lathrop's amendment
to the committee amendments, Mr. President. [LB588]
SENATOR LANGEMEIER: Thank you, Mr. Clerk. AM1130 is adopted. Mr. Clerk, items
for the record? [LB588]
ASSISTANT CLERK: Mr. President, I do. Correspondence from the Governor, LB232,
LB457, LB502, LB562 were received in his office on April 19 and were signed and
delivered to the Secretary of State on April 25. In addition, second correspondence from
the Governor. (Read re LB415 and LB415A.) Mr. President, in conjunction with that, I
have motions from Senator Harms that LB415 and LB415A become law notwithstanding
91
a couple of questions, if Senator Friend would yield to a question. [LB562]
PRESIDENT SHEEHY: Senator Friend, would you yield? [LB562]
69
stment of$1 million in counties of more than 50,000
but fewer than 100,000 inhabitants; (e) 20 new employees and new investment of
68
d. It's not a general obligation bond. The agreement is
between the city and the developer. It's the kind of thing that might just say to that
developer, you know what, I can make this go with that. The advantage of the
67
ear of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
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•
Transcript Prepared By the Clerk of the Legislature
Transcriber's Office
Floor Debate
April 25, 2007
the objection of the Governor. (Legislative Journal pages 1296-1297.) [LB232 LB457
LB502 LB562 LB415 LB415A]
SENATOR LANGEMEIER: Thank you, Mr. Clerk. We will return now to floor discussion
on AM862, the Business and Labor Committee amendment to LB588. Seeing no lights
on, Senator Cornett, you are recognized to close on AM862. [LB588]
SENATOR CORNETT: Thank you, Mr. President. All I want to do is urge the body to
adopt the committee amendments. They are the gist of the bill and I thank you for your
support. [LB588]
SENATOR LANGEMEIER: Thank you, Senator Cornett. You have heard the closing on
AM862, the committee amendments to LB588. The question is, shall AM862 be
adopted? All those in favor vote yea; all those opposed vote nay. Have all those voted
that wish to? Record, Mr. Clerk. [LB588]
ASSISTANT CLERK: 32 ayes, 0 nays on the adoption of the committee amendments,
Mr. President. [LB588]
SENATOR LANGEMEIER: Thank you, Mr. Clerk. AM862 is adopted. We return now to
discussion on LB588, the bill itself. The floor is now open for discussion. Seeing no
—lights on, Senator Cornett, you are recognized-to close on LB588 [LB588]
SENATOR CORNETT: Thank you, Mr. President and members of the body. I urge the
body to support the passage of LB588. It will bring Nebraska in line with surrounding
states for inpatient workers' compensation injury. This bill creates savings. Everyone
gets something and it creates equity and fairness. It will also decrease litigation. This bill
improves a business climate in Nebraska. We are offering part of the savings back to
the injured worker for which workers' compensation was designed. I will be...I want to
thank everyone who has worked on this, and members of the committee and the body
that have helped with this. And I urge the passage of this bill with its amendments. It is a
compromise between all parties involved. Thank you very much. [LB588]
SENATOR LANGEMEIER: Thank you, Senator Cornett. You have heard the closing on
LB588. The question is, shall LB588 advance to E&R Initial? All those in favor vote yea;
all those opposed vote nay. Have all those voted that wish to? Record, Mr. Clerk.
[LB588]
ASSISTANT CLERK: 33 ayes, 0 nays on the motion to advance the bill, Mr. President.
[LB588]
•
SENATOR LANGEMEIER: Thank you, Mr. Clerk. LB588 does advance. Mr. Clerk,
LB610. [LB588 LB610]
92
or vote yea; all those opposed vote nay. Have all those voted
that wish to? Record, Mr. Clerk. [LB588]
ASSISTANT CLERK: 28 ayes, 0 nays on the adoption of Senator Lathrop's amendment
to the committee amendments, Mr. President. [LB588]
SENATOR LANGEMEIER: Thank you, Mr. Clerk. AM1130 is adopted. Mr. Clerk, items
for the record? [LB588]
ASSISTANT CLERK: Mr. President, I do. Correspondence from the Governor, LB232,
LB457, LB502, LB562 were received in his office on April 19 and were signed and
delivered to the Secretary of State on April 25. In addition, second correspondence from
the Governor. (Read re LB415 and LB415A.) Mr. President, in conjunction with that, I
have motions from Senator Harms that LB415 and LB415A become law notwithstanding
91
a couple of questions, if Senator Friend would yield to a question. [LB562]
PRESIDENT SHEEHY: Senator Friend, would you yield? [LB562]
69
stment of$1 million in counties of more than 50,000
but fewer than 100,000 inhabitants; (e) 20 new employees and new investment of
68
d. It's not a general obligation bond. The agreement is
between the city and the developer. It's the kind of thing that might just say to that
developer, you know what, I can make this go with that. The advantage of the
67
ear of the effective date of the provision. Failure to satisfy the notice requirement of this section
shall result in the taxes, for all taxable years affected by the failure to give notice of the effective date of the provision,
remaining undivided and being paid into the funds for each public body receiving property taxes generated by the property in
the redevelopment project. However, the redevelopment project valuation for the remaining division of ad valorem taxes in
s�,^:'.!1.z5'r's Ne4`t Cc)PO 11 Thomson Fe i :.t:j:•~. h�i�w 'fY i.,....�`y....,i``''w..,^t 1,'�.,,,..�............,,,�
3 claim o ..fll al t_.. . Govamment
for payment of such bonds and priorities on securities available for guaranteeing payment thereof,and such
other differing terms and conditions as are deemed necessary.The following shall apply to any such bonds:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
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LB 562 LB 562
LEGISLATIVE BILL 562
Approved by the Governor April 25, 2007
Introduced by Adams, 24; Carlson, 38; Flood, 19; Friend, 10; Mines, 18;
Stuthman, 22
FOR AN ACT relating to the Community Development Law; to amend sections
18-2101, 18-2103, 18-2107, 18-2111, 18-2116; 18-2119, and 18-2130,
Reissue Revised Statutes of Nebraska; to define and redefine terms;
to provide powers and duties and change provisions relating to
authorities, redevelopment plans, redevelopment contract proposals,
bonds, occupation tax, and eminent domain as prescribed; to
harmonize provisions; to provide severability; and to repeal the
original sections.
Be it enacted by the people of the State of Nebraska,
Section 1. Section 18-2101, Reissue Revised Statutes of Nebraska, is
amended to read:
18-2101 Sections 18-2101 to 18-2144 and sections 8 to 10 of this act
shall be known and may be cited as the Community Development Law.
Sec. 2. Section 18-2103, Reissue Revised Statutes of Nebraska, is
amended to read:
18-2103 For purposes of the Community Development Law, unless the
context otherwise requires:
(1) An authority shall mean means any community redevelopment
authority created pursuant to section 18-2102.01 and a city or village which
has created a community development agency pursuant to the provisions of
section 18-2101.01 and shell net mean does not include a limited community
redevelopment authority;
(2) Limited community redevelopment authority shall mean means a
community redevelopment authority created pursuant to section 18-2102.01
having only one single specific limited pilot project authorized;
(3) City shall mean means any city or incorporated village in the
state;
(4) Public body shall mean means the state or any municipality,
county, township, board, commission, authority, district, or other political
subdivision or public body of the state;
(5) Governing body or local governing body shall mean means the city
council, board of trustees, orother_legislative_body_charged_with_governing_ . ... _ _ _. . ..
the municipality;
(6) Mayor shall mean means the mayor of the city or chairperson of
the board of trustees of the village;
(7) Clerk shall mean means the clerk of the city or village;
(8) Federal government shall mean means the United States of
America, or any agency or instrumentality, corporate or otherwise, of the •
United States of America;
(9) Area of operation shall mean and include means and includes the
area within the corporate limits of the city and such land outside the city as
may come within the purview of section 18-2123;
(10) Substandard areas shall mean means an area in which there
is a predominance of buildings or improvements, whether nonresidential or
residential in character, which, by reason of dilapidation, deterioration, age
or obsolescence, inadequate provision for ventilation, light, air, sanitation,
or open spaces, high density of population and overcrowding, or the existence
of conditions which endanger life or property by fire and other causes, or
any combination of such factors, is conducive to ill health, transmission of
disease, infant mortality, juvenile delinquency, and crime, (which cannot be
remedied through construction of prisons), and is detrimental to the public
health, safety, morals, or welfare;
(11) Blighted area sal mean means an area, which (a) by reason
of the presence of a substantial number of deteriorated or deteriorating
structures, existence of defective or inadequate street layout, faulty lot
layout in relation to size, adequacy, accessibility, or usefulness, insanitary
or unsafe conditions, deterioration of site or other improvements, diversity
of ownership, tax or special assessment delinquency exceeding the fair value
of the land, defective or unusual conditions of title, improper subdivision
or obsolete platting, or the existence of conditions which endanger life
or property by fire and other causes, or any combination of such factors,
substantially impairs or arrests the sound growth of the community, retards
the provision of housing accommodations, or constitutes an economic or social
liability and is detrimental to the public health, safety, morals, or welfare
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s:
(a)Such bonds shall be limited obligations of the city.Bonds and interest on such bonds, issued under the authority of this
section, shall not constitute nor give rise to a pecuniary liability of the city or a charge against its general credit or taxing
powers.Such limitation shall be plainly stated upon the face of each of such bonds;
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LB 562 LB 562
in its present condition 'and use and (b) in which there is at least one
of the following conditions: (i) Unemployment in the designated area is at
least one hundred twenty percent of the state or national average; (ii) the
average age of the residential or commercial units in the area is at least
forty years; (iii) more than half of the plotted and subdivided property in
an area is unimproved land that has been within the city for forty years
and has remained unimproved during that time; (iv) the per capita income of
the area is lower than the average per capita income of the city or village
in which the area is designated; or (v) the area has had either stable or
decreasing population based on the last two decennial censuses. In no event
shall a city of the metropolitan, primary, or first class designate more than
thirty-five percent of the city as blighted, a city of the second class shall
not designate an area larger than fifty percent of the city as blighted, and
a village shall not designate an area larger than one hundred percent of the
village as blighted;
(12) Redevelopment project ehall mean means any work or undertaking
in one or more community redevelopment areas: (a) To acquire substandard
and blighted areas or portions thereof, including lands, structures, or
improvements the acquisition of which is necessary or incidental to the proper
clearance, development, or redevelopment of such substandard and blighted
areas; (b) to clear any such areas by demolition or removal of existing
buildings, structures, streets, utilities, or other improvements thereon and
to install, construct, or reconstruct streets, utilities, parks, playgrounds,
public spaces, public parking facilities, sidewalks or moving sidewalks,
convention and civic centers, bus stop shelters, lighting, ' benches or
other similar furniture, trash receptacles, shelters, skywalks and pedestrian
and vehicular overpasses and underpasses, and any other necessary public •
improvements essential to the preparation of sites for uses in accordance
with a 'redevelopment plan; (c) to sell, lease, or otherwise make available
land in such areas for residential, recreational, commercial, industrial, or
other uses, including parking or other facilities functionally related or
subordinate to such uses, or for public use or to retain such land for
public use, in accordance with a redevelopment plan; and may also include
the preparation of the redevelopment plan, the planning, survey, and other
work incident to a redevelopment project and the preparation of all plans and
arrangements for carrying out a redevelopment project; (d) to dispose of all
real and personal property or any interest in such property, or assets, cash,
or other funds held or used in connection with residential, recreational,
commercial, industrial, or other uses, including parking or other facilities
functionally-r-eisted-or-subordinate-to-such-uses_ r any public use specified"-- """ '-�" - "
in a redevelopment plan or project, except that such disposition shall be
at its fair value for uses in accordance with the redevelopment plan; (e)
to acquire real property in a community redevelopment area which, under the
redevelopment plan, is to be repaired or rehabilitated for dwelling use or
related facilities, repair or rehabilitate the structures, and resell the
property; and (f) to carry out plans for a program of voluntary or compulsory
repair and rehabilitation of buildings or other improvements in accordance
with the redevelopment plan;
(13) Redevelopment plan ehall mean means a plan, as it exists
from time to time for one or more community redevelopment areas, or for a
redevelopment project, which plan (a) ehall conform conforms to the general
plan for the municipality as a whole+- and (b) elial4 be is sufficiently
complete to indicate such land acquisition, demolition and removal of
structures, redevelopment, improvements, and rehabilitation as may be proposed
to be carried out in the community redevelopment area, zoning and planning
changes, if any, land uses, maximum densities, and building requirements; •
(14) Redeveloper shall mean means any person, partnership, or public
or private corporation or agency which ehall enter en propose enters or
proposes to enter into a redevelopment contract;
(15) Redevelopment contract ehall mean means a contract entered into
between an authority and a redeveloper for the redevelopment of an area in
conformity with a redevelopment plan;
(16) Real property shall mean means all lands, including
improvements and fixtures thereon, and property of any nature appurtenant
thereto, or used in connection therewith, and every estate, interest and
right, legal or equitable, therein, including terms for years and liens by
way of judgment, mortgage, or otherwise, and the indebtedness secured by such
liens;
(17) Bonds ehall mean means any bonds, including refunding bonds,
notes, interim certificates, debentures, or other obligations issued pursuant
to the Community Development Law except for bonds issued pursuant to section
10 of this act;
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LB 562 LB 562
(18) Obligee shall mean means any bondholder, agent, or trustee for
any bondholder, or lessor demising to any authority, established pursuant to
section 18-2102.01, property used in connection with a redevelopment project,
or any assignee or assignees of such lessor's interest or any part thereof,
and the federal government when it is a party to any contract with such
authority;
(19) Person shall mean means any individual, firm, partnership,
limited liability company, corporation, company, association, joint-stock
association, or body politic and ehalb include includes any trustee, receiver,
assignee, or other similar representative thereof;
(20) Community redevelopment area shall mean means a substandard
and blighted area which the community redevelopment authority designates as
appropriate for a renewal project; and
(21) Redevelopment project valuation shall mean means the valuation
for assessment of the taxable real property in a redevelopment project last
certified for the year prior to the effective date of the provision authorized
in section 18-2147. -,-
(22) Enhanced employment area means an area not exceeding six
hundred acres (a) within a community redevelopment area which is designated by
an authority as eligible for the imposition of an occupation tax or (b) not
within a community redevelopment area as may be designated under section 10 of
this act;
(23) Employee means a person employed at a business as a result of
a redevelopment project;
.(24) Employer-provided health benefit means any item paid for by the
employer in total or in part that aids in the cost of health care services,
including, but not limited to, health insurance, health savings accounts, and
employer reimbursement of health care costs;
(25) Equivalent employees means the number of employees computed by
(a) dividing the total hours to be paid in a year by (b) the product of forty
times the number of weeks in a year;
(26) Business means any private business located in an enhanced
employment area;
(27) New investment means the value of improvements to real estate
made in an enhanced employment area by a developer or a business;
(28) Number of new employees means the number of equivalent
employees that are employed at a business as a result of the redevelopment
project during a year that are in excess of the number of equivalent employees
during the year immediately prior to the year that a redevelopment plan is
adopted; and
(29) Occupation tax means a tax imposed under section 8 of this act.
Sec. 3. Section 18-2107, Reissue Revised Statutes of Nebraska, is
amended to read:
18-2107 An authority shall constitute a public body corporate and
politic, exercising public and essential governmental functions and having all
the powers necessary or convenient to carry out and effectuate the purposes
and provisions of the Community Development Law and sections 18-2147 to
18-2151, including the power:
(1) To sue and to be sued; to have a seal and to alter the same
at pleasure; to have perpetual succession; to make and execute contracts and
other instruments necessary or convenient to the exercise of the powers of the
authority; and to make and from time to time amend and repeal bylaws, rules,
and regulations not inconsistent with the Community Development Law;
(2) To prepare or cause to be prepared and recommend redevelopment
plans to the governing body of the city and to undertake and carry out
redevelopment projects within its area of operation;
(3) To arrange or contract for the furnishing or repair, by any
person or agency, public or private, of services, privileges, works, streets,
roads, public utilities, or other facilities for or in connection with a
redevelopment project; and, notwithstanding anything to the contrary contained
in the Community Development Law or any other provision of law, to agree
to any conditions that it may deem reasonable and appropriate attached to
federal financial assistance and imposed pursuant to federal law relating to
the determination of prevailing salaries or wages or compliance with labor
standards, in the undertaking or carrying out of a redevelopment project, and
to include in any contract let in connection with such a project provisions
to fulfill such federally imposed conditions as it may deem reasonable and
appropriate;
(4) Within its area of operation, to purchase, lease, obtain options
upon, or acquire by gift, grant, bequest, devise, eminent domain, or otherwise
any real or personal property or any interest therein, together with any
improvements thereon, necessary or incidental to a redevelopment project; to
-3-
fixtures thereon, and property of any nature appurtenant
thereto, or used in connection therewith, and every estate, interest and
right, legal or equitable, therein, including terms for years and liens by
way of judgment, mortgage, or otherwise, and the indebtedness secured by such
liens;
(17) Bonds ehall mean means any bonds, including refunding bonds,
notes, interim certificates, debentures, or other obligations issued pursuant
to the Community Development Law except for bonds issued pursuant to section
10 of this act;
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• LB 562 LB 562
hold, improve, clear, or prepare for redevelopment any such property; to
sell, lease for a term not exceeding ninety-nine years, exchange, transfer,
assign, subdivide, retain for its own use, mortgage, pledge, hypothecate, or
otherwise encumber or dispose of any real or personal property or any interest
therein; to enter into contracts with redevelopers of property containing
covenants, restrictions, and conditions regarding the use of such property for
. residential, commercial, industrial, or recreational purposes or for public
purposes in accordance with the redevelopment plan and such other covenants,
restrictions, and conditions as the authority may deem necessary to prevent
a recurrence of substandard and blighted areas or to effectuate the purposes
of the Community Development Law; to make any of the covenants, restrictions,
or conditions of the foregoing contracts covenants running with the land
and to provide appropriate remedies for any breach of any such covenants or
conditions, including the right in the authority to terminate such contracts
and any interest in the property created pursuant thereto; to borrow money,
issue bonds, and provide security for loans or bonds; to establish a.revolving
loan fund; to insure or provide for the insurance of any real or personal
• property or the operation of the authority against any risks or hazards,
including the power to pay premiums on any such insurance; to enter into any
contracts necessary to effectuate the purposes of the Community Development
Law; and to provide grants, loans, or other means of financing to public or
private parties in order to accomplish the rehabilitation or redevelopment in
accordance with a redevelopment plan. No statutory provision with respect to
the acquisition, clearance, or disposition of property by other public bodies
shall restrict an authority exercising powers hereunder, in such functions,
unless the Legislature shall specifically so state;
(5) To invest any funds held in reserves or sinking funds or any
funds not required for immediate disbursement in property or securities in
which savings banks or other banks may legally invest funds subject to their
control; and to redeem its bonds' at the redemption price established therein
or to purchase its bonds at less than redemption price, and such bonds
redeemed or purchased shall be canceled;
(6) To borrow money and to apply for and accept advances, loans,
grants, contributions, and any other form of financial assistance from the
federal government, from the state, county, municipality, or other public
body, or from any sources, public or private, including charitable funds,
. foundations, corporations, trusts, or bequests, for purposes of the Community
Development Law, to give such security as may be required, and to enter into
and carry out contracts in connection therewith; and notwithstanding any other
provision of law, to include in any contract for financial assistance with
the federal government for a redevelopment project such conditions imposed
pursuant to federal law as the authority may deem reasonable and appropriate
and which are not inconsistent with the purposes of the Community Development
Law;
(7) Acting through one or more members of an authority or
other persons designated by the authority, to conduct examinations and
investigations and to hear testimony and take proof under oath at public or
private hearings on any matter material for its information; to administer
oaths and to issue commissions for the examination of witnesses who are
outside of the state or unable to attend before the authority or excused from
attendance; and to make available to appropriate agencies or public officials,
including those charged with the duty of abating or requiring the correction
of nuisances or like conditions, demolishing unsafe or insanitary structures,
or eliminating conditions of blight within its area of operation, its findings
and recommendations with regard to any building or property where conditions
exist which are dangerous to the public health, safety, morals, or welfare;
(8) Within its area of operation, to make or have made all surveys,
appraisals, studies, and plans, but not including the preparation of a general
plan for the community, necessary to the carrying out of the purposes of
the Community Development Law and to contract or cooperate with any and all
persons or agencies, public or private, in the making and carrying out of such
surveys, appraisals, studies, and plans;
(9) To prepare plans and provide reasonable assistance for the
relocation of families, business concerns, and others displaced from a
redevelopment project area to permit the carrying out of the redevelopment
project to the extent essential for acquiring possession of and clearing
such area or parts thereof; and to make relocation payments to or with
respect to such persons for moving expenses and losses of property for which
reimbursement or compensation is not otherwise made, including the making of
such payments financed by the federal government;
(10) To make such expenditures as may be necessary to carry out
the purposes of the Community Development Law; and to make expenditures from
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LE 562 LB 562
funds obtained from the federal government without regard to any other laws
pertaining to the making and approval of appropriations and expenditures;
(11) To certify on or before September 20 of each year to the
governing body of the city the amount of tax to be levied for the succeeding
fiscal year for community redevelopment purposes, not to exceed two and
six-tenths cents on each one hundred dollars upon the taxable value of the
taxable property in such city, which levy is subject to allocation under
section 77-3443 on and after July 1, 1998. The governing body shall levy and •
collect the taxes so certified at the same time and in the same manner as
other city taxes are levied and collected, and the proceeds of such taxes,
when due and as collected, shall be set aside and deposited in the special
account or accounts in which other revenue of the authority is deposited.
Such proceeds shall be employed to assist in the defraying of any expenses
of redevelopment plans and projects, including the payment of principal and
interest on any bonds issued to pay the costs of any such plans and projects;
(12) To exercise all or any part or combination of powers granted in •
this section; and
(13) To plan, undertake, and carry out neighborhood development
programs consisting of redevelopment project undertakings and activities in
one or more community redevelopment areas which are planned and carried
out on the basis of annual increments in accordance with the Community
Development Law and sections 18-2145 and 18-2146 for planning and carrying out
redevelopment projects; and
(14) To agree with the governing body of the city for the imposition
of an occupation tax for an enhanced employment area.
Sec. 4. Section 18-2111, Reissue Revised Statutes of Nebraska, is
amended to read:
18-2111 The authority may itself prepare or cause to be prepared a
redevelopment plan or any person or agency, public or private, may submit such
a plan to an authority. A redevelopment plan shall be sufficiently complete to
indicate its relationship to definite local objectives as to appropriate land
uses, improved traffic, public transportation, public utilities, recreational
and community facilities and other public improvements, and the proposed land
uses and building requirements in the redevelopment project area, and shall
include without being limited to: (1) The boundaries of the redevelopment
project area, with a map showing the existing uses and condition of the real
property therein; (2) a land-use plan showing proposed uses of the area; (3)
information showing the standards of population densities, land coverage, and
building intensities in the area after redevelopment; (4) a statement of the
proposed changes, if any, in zoning ordinances or maps, street layouts, street
levels or grades, or building codes and ordinances; (5) a site plan of the
area; and (6) a statement as to the kind and number of additional public
facilities or utilities which will be required to support the new land uses
in the area after redevelopment. Any redevelopment plan may include a proposal
for the designation of an enhanced employment area.
Sec. 5. Section 18-2116, Reissue Revised Statutes of Nebraska, is
amended to read:
18-2116 (1) Following such hearing, the governing body may approve
a redevelopment plan if 41} (a) it finds that the plan is feasible and
in conformity with the general plan for the development of the city as a
whole and the plan is in conformity with the legislative declarations and
determinations set forth in the Community Development Law and 424- (b) it
finds that, if the plan uses funds authorized in section 18-2147, 4aj- (i) the
redevelopment project in the plan would not be economically feasible without
the use of tax-increment financing, {•b} (ii) the redevelopment project would
not occur in the community redevelopment area without the use of tax-increment
financing, and .444 (iii) the costs and benefits of the redevelopment project,
including costs and benefits to other affected political subdivisions, the
economy of the community, and the demand for public and private services have
been analyzed by the governing body and have been found to be in the long-term
best interest of the community impacted by the redevelopment project.
(2) In connection with the approval of any redevelopment plan which
includes the designation of an enhanced employment area, the governing body
may approve the redevelopment plan if it determines that any new investment
within such enhanced employment area will result in at least (a) two new
employees and new investment of one hundred twenty-five thousand dollars in
counties with fewer than fifteen thousand inhabitants, (b) five new employees
and new investment of two hundred fifty thousand dollars in counties with
at least fifteen thousand inhabitants but fewer than twenty-five thousand
inhabitants, (c) ten new employees and new investment of five hundred thousand
dollars in counties with at least twenty-five thousand inhabitants but fewer
than fifty thousand inhabitants, (d) fifteen new employees and new investment
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res as may be necessary to carry out
the purposes of the Community Development Law; and to make expenditures from
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of one million dollars in counties with at least fifty thousand inhabitants
' but fewer than one hundred thousand inhabitants, (e) twenty new employees and
new investment of one million five hundred thousand dollars in counties with
at least one hundred thousand inhabitants but fewer than two hundred thousand
inhabitants, (f) twenty-five new employees and new investment of two million
dollars in counties with at least two hundred thousand inhabitants but fewer
than four hundred thousand inhabitants, or (q) thirty new employees and new
investment of three million dollars in counties with at least four hundred
thousand inhabitants. Any business that has one hundred thirty-five thousand
square feet or more and annual gross sales of ten million dollars or more
shall provide an employer-provided health benefit of at least three thousand
dollars annually to all new employees who are working thirty hours per week
or more on average and have been employed at least six months. In making
such determination, the governing body may rely upon written undertakings
provided by any redeveloper in connection with application for approval of the
redevelopment plan.
Sec. 6. Section 18-2119, Reissue Revised Statutes of Nebraska, is
amended to read:
18-2119 (1) An authority shall, by public notice by publication
once each week for two consecutive weeks in a legal newspaper having
a general circulation in the city, prior to the consideration of any
redevelopment contract proposal relating to real estate owned or to be owned
by the authority, invite proposals from, and make available all pertinent
information to, private redevelopers or any persons interested in undertaking
the redevelopment of an area, or any part thereof, which the governing body
has declared to be in need of redevelopment. Such notice shall identify
the area, and shall state that such further information as is available may
be obtained at the office of the authority. The authority shall consider
all redevelopment proposals and the financial and legal ability of the
prospective redevelopers to carry out their proposals and may negotiate with
any redevelopers for proposals for the purchase or lease of any real property
in the redevelopment project area. The authority may accept such redevelopment
contract proposal as it deems to be in the public interest and in furtherance
of the purposes of eeetiene 18-2101 -te '82"44; BR -, t the Community
Development Law if the authority has, not less than thirty days prior thereto,
notified the governing body in writing of its intention to accept such
redevelopment contract proposal. Thereafter, the authority may execute such
redevelopment contract in accordance with the provisions of section 18-2118
and deliver deeds, leases, and other instruments and take all steps necessary
_ to effectuate such redevelopment contract. In its discretion, the authority
may, without regard to the foregoing provisions of this section, dispose o !` `
real property in a redevelopment project area to private redevelopers for
redevelopment under such reasonable competitive bidding procedures as it shall
prescribe, subject to the provisions of section 18-2118.
(2) In the case of any real estate owned by a redeveloper,
the authority may enter into a redevelopment contract providing for
such undertakings as the authority shall determine appropriate. Any such
redevelopment contract relating to real estate within an enhanced employment
area shall include a statement of the redeveloper's consent with respect to
the designation of the area as an enhanced employment area, shall be recorded
with respect to the real estate owned by the redeveloper, and shall be binding
upon all future owners of such real estate.
Sec. 7. Section 18-2130, Reissue Revised Statutes of Nebraska, is
amended to read:
18-2130 In connection with the issuance of bonds or the incurring
of obligations under leases and in order to secure the payment of such bonds
or obligations, an authority, in addition to its other powers, shall have
power: (1) To pledge all or any part of its gross or net rents, fees, or
revenue to which its right then exists or may thereafter come into existence;
(2) to mortgage all or any part of its real or personal property, then owned
or thereafter acquired; (3) to covenant against pledging all or any part of
its rents, fees, and revenue, or against mortgaging all or any part of its
real or personal property, to which its right or title then exists or may
thereafter come into existence, or against permitting or suffering any lien on
such revenue or property; to covenant with respect to limitations on its right
to sell, lease, or otherwise dispose of any redevelopment project, or any-part
thereof; and to covenant as to what other or additional debts or obligations
may be incurred by it; (4) to covenant as to the bonds to be issued and
as to the issuance of such bonds in escrow or otherwise, and as to the use
and disposition of the proceeds thereof; to provide for the replacement of
lost, destroyed, or mutilated bonds; to covenant against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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redemption of the bonds and to provide the terms and conditions thereof;
(5) to covenant, subject to the limitations contained in eeetions 18 2101 4e
18 2144, the Community Development Law, as to the amount of revenue to be
raised each year or other period of time by rents, fees, and other revenue,
and as to the use and disposition to be made thereof; to establish or to
authorize the establishment of special funds for money held for operating
costs, debt service, reserves, or other purposes, and to covenant as to the
use and disposition of the money held in such funds; (6) to prescribe the .
procedure, if any, by which the terms of any contract with bondholders may be
amended or abrogated, the amount of bonds the holders of which must consent
. thereto and the manner in which such consent may be given; (7) to covenant
as to the use, maintenance, and replacement of any or all of its real or
personal property, the insurance to be carried thereon, and the use and
disposition of insurance money, and to warrant its title to such property; (8)
to covenant as to the rights, liabilities, powers, and duties arising upon the
breach by it of any covenants, conditions, or obligations; and to covenant and
prescribe as to events of default and terms and conditions upon which any or
all of its bonds or obligations shall become or may be declared due before
maturity, and as to the terms and conditions upon which such declaration and
its consequences may be waived; (9) to vest in any obligees of the authority
the right to enforce the payment of the bonds or any covenants securing or
relating to the bonds; to vest in any obligee or obligees holding a specified
amount in bonds the right, in the event of a default by ea#d the authority, to
take possession of and use, operate, and manage any redevelopment project or
any part thereof, title to which is in the authority, or any funds connected
therewith, and to collect the rents and revenue arising therefrom and to
dispose of such money in accordance with the agreement of the authority with
such obligees; to provide for the powers and duties of such obligees and to
limit the liabilities thereof; and to provide the terms and conditions upon
which such obligees may enforce any covenant or rights securing or relating
to the bonds; and (10) to pledge all of the revenue from any occupation tax
received or to be received with respect to any enhanced employment area; and
(11) to exercise all or any part or combination of the powers herein granted;
to make such covenants, other than and in addition to the covenants herein
expressly authorized, and to do any and all such acts and things as may be
necessary or convenient or desirable in order to secure its bonds, or, in the
absolute discretion of the authority, as will tend to make the bonds more
marketable notwithstanding that such covenants, acts, or things may not be
enumerated herein.
_._ ____ Sec. 8_A city may levy a general business occupation tax upon
the businesses and users of space within an enhanced employment area for
the purpose of paving all or any part of the costs and expenses of any
redevelopment project within such enhanced employment area. For purposes of
the tax imposed under this section, the governing body may make a reasonable
classification of businesses, users of space, or kinds of transactions. The
collection of a tax imposed pursuant to this section shall be made and
enforced in such a manner as the governing body shall by ordinance determine
to produce the required revenue. The governing body may provide that failure
to pay the tax imposed pursuant to this section shall constitute a violation
of the ordinance and subject the violator to a fine or other punishment as
provided by ordinance. Any such occupation tax agreed to by the authority and
the city shall remain in effect so long as the authority has bonds outstanding
which have been issued stating such occupation tax as an available source for
payment.
Sec. 9. Eminent domain shall not be used to acquire property that
will be transferred to a private party in the enhanced employment area.
Sec. 10. (1) For purposes of this section:
(a) Authorized work means the performance of any one or more of the
following purposes within an enhanced employment area designated pursuant to
this section:
(i) The acquisition, construction, maintenance, and operation of
public offstreet parking facilities for the benefit of the enhanced employment
area;
(ii) Improvement of any public place or facility in the enhanced
employment area, including landscaping, physical improvements for decoration
`or security purposes, and plantings;
(iii) Construction or installation of pedestrian shopping malls or
plazas, sidewalks or moving sidewalks, parks, meeting and display facilities,
bus stop shelters, lighting, benches or other seating furniture, sculptures,
trash receptacles, shelters, fountains, skywalks, and pedestrian and vehicular
overpasses and underpasses, and any useful or necessary public improvements;
(iv) Leasing, acquiring, constructing, reconstructing, extending,
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the payment of its bonds or interest thereon; and to covenant for the
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•
maintaining, or repairing parking lots or parking garages, both above and
below ground, or other facilities for the parking of vehicles, including the
power to install such facilities in public areas, whether such areas are owned
in fee or by easement, in the enhanced employment area;
(v) Creation and implementation of a plan for improving the general
architectural design of public areas in the enhanced employment area;
(vi) The development of any public activities and promotion of
public events, including the management, promotion, and advocacy of retail
trade activities or other promotional activities, in the enhanced employment
area;
(vii) Maintenance, repair, and reconstruction of any improvements or
facilities authorized by the Community Development Law;
(viii) Any other project or undertaking for the betterment of the
public facilities in the enhanced employment area, whether the project is
capital or noncapital in nature;
(ix) Enforcement of parking regulations and the provision of
security within the enhanced employment area; or
(x) Employing or contracting for personnel, including administrators
for any improvement program under the Community Development Law, and providing
for any service as may be necessary or proper to carry out the purposes of the
Community Development Law;
(b) Employee means a person employed at a business located within an
enhanced employment area; and
(c) Number of new employees means the number of equivalent employees
that are employed at a business located within an enhanced employment area
designated pursuant to this section during a year that are in excess of the
number of equivalent employees during the year immediately prior to the year
the enhanced employment area was designated pursuant to this section.
(2) If an area is not blighted or substandard, a city may designate
an area as an enhanced employment area if the governing body determines that
new investment within such enhanced employment area will result in at least
(a) two new employees and new investment of one hundred twenty-five thousand
dollars in counties with fewer than fifteen thousand inhabitants, (b) five new
employees and new investment of two hundred fifty thousand dollars in counties
with at least fifteen thousand inhabitants but fewer than twenty-five thousand
inhabitants, (c) ten new employees and new investment of five hundred thousand
dollars in counties with at least twenty-five thousand inhabitants but fewer
than fifty thousand inhabitants, (d) fifteen new employees and new investment
of one million dollars in counties with at least fifty thousand inhabitants
_ .-- - _ .. . _ .--.._-_but_feaer than one_hundred thousand inhabitants, (e) twenty new employees and
new investment of one million five hundred thousand dollars in counties with
at least one hundred thousand inhabitants but fewer than two hundred thousand
inhabitants, (f) twenty-five new employees and new investment of two million
dollars in counties with at least two hundred thousand inhabitants but fewer
than four hundred thousand inhabitants, or (q) thirty new employees and new
investment of three million dollars in counties with at least four hundred
thousand inhabitants. Any business that has one hundred thirty-five thousand
square feet or more and annual gross sales of ten million dollars or more
shall provide an employer-provided health benefit of at least three thousand
dollars annually to all new employees who are working thirty hours per week
or more on average and have been employed at least six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorised work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses; users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
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tructing, reconstructing, extending,
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the payment of its bonds or interest thereon; and to covenant for the
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work. The assessments or taxes levied must be specified by ordinance and the
proceeds shall not be used for any purpose other than the making of such
improvements and for the repayment of bonds issued in whole or in part for
the financing of such improvements. The authority to levy the general business
occupation tax contained in this section and the authority to issue bonds
secured-by or payable from such occupation tax shall be independent of and
separate from any occupation tax referenced in section 18-2103.
(4) A city may issue revenue bonds for the purpose of defraying
the cost of authorized work and to secure the payment of such bonds with
the occupation tax revenue described in this section. Such revenue bonds may
be issued in one or more series or issues where deemed advisable, and each
such series or issue may contain different maturity dates, interest rates,
priorities on revenue available for payment of such bonds and priorities
on securities available for guaranteeing payment thereof, and such other.
differing terms and conditions as are deemed necessary. The following shall
apply to any such bonds:
(a) Such bonds shall be limited obligations of the city. Bonds and
interest on such bonds, issued under the authority of this section, shall not
constitute nor give rise to a pecuniary liability of the city or a charge
against its general credit or taxing powers. Such limitation shall be plainly
stated upon the face of each of such bonds;
(b) Such bonds may (i) be executed and delivered at any time and
from time to time, (ii). be in such form and denominations, (iii) be of such
tenor, (iv) be payable in such installments and at such time or times not
exceeding twenty years from their date, (v) be payable at such place or
places, (vi) bear interest at such rate or rates, payable at such place or
places, and evidenced in such manner, (vii) be redeemable prior to maturity,
with or without premium, and (viii) contain such provisions as shall be deemed
in the best interest of the city and provided for in the proceedings of the
governing body under which the bonds shall be authorized to be issued;
(c) The authorization, terms, issuance, execution, or delivery of
such bonds shall not be subject to sections 10-101 to 10-126; and
(d) Such bonds may be sold at public or private sale in such manner
and at such time or times as may be determined by the governing body to be
most advantageous. The city may pay all expenses, premiums, and commissions
which the governing body may deem necessary or advantageous in connection with
the authorization, sale, and issuance thereof from the proceeds or the sale of
the bonds or from the revenue of the occupation tax described in this section.
Sec. 11. If any section in this act or any part of any section is
declared invalid or unconstitutional, the declaration shall not affect the
validity or constitutionality of the remaining portions.
Sec. 12. Original sections 18-2101, 18-2103, 18-2107, 18-2111,
18-2116, 18-2119, and 18-2130, Reissue Revised Statutes of Nebraska, are
repealed.
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thousand inhabitants. Any business that has one hundred thirty-five thousand
square feet or more and annual gross sales of ten million dollars or more
shall provide an employer-provided health benefit of at least three thousand
dollars annually to all new employees who are working thirty hours per week
or more on average and have been employed at least six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorised work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses; users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
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tructing, reconstructing, extending,
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the payment of its bonds or interest thereon; and to covenant for the
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LB 562 LB 562
LEGISLATIVE BILL 562
Approved by the Governor April 25, 2007
Introduced by Adams, 24; Carlson, 38; Flood, 19; Friend, 10; Mines, 18;
Stuthman, 22
FOR AN ACT relating to the Community Development Law; to amend sections
18-2101, 18-2103, 18-2107, 18-2111, 18-2116, 18-2119, and 18-2130,
Reissue Revised Statutes of Nebraska; to define and redefine terms;
to provide powers and duties and change provisions relating to
authorities, redevelopment plans, redevelopment contract proposals,
bonds, occupation tax, and eminent domain as prescribed; to
harmonize provisions; to provide severability; and to repeal the
• original sections.
Be it enacted by the people of the State of Nebraska,
Section 1. Section 18-2101, Reissue Revised Statutes of Nebraska, is
amended to read:
18-2101 Sections 18-2101 to 18-2144 and sections 8 to 10 of this act
shall be known and may be cited as the Community Development Law.
Sec. 2. Section 18-2103, Reissue Revised Statutes of Nebraska, is
amended to read:
• 18-2103 For purposes of the Community Development Law, unless the
context otherwise requires:
(1) An authority toll mean means any community redevelopment
authority created pursuant to section 18-2102.01 and a city or village which
has created a community development agency pursuant to the provisions of •
section 18-2101.01 and atoll net mean does not include a limited community
redevelopment authority;
(2) Limited community redevelopment authority shall mean means a
community redevelopment authority created pursuant to section 18-2102.01
having only one single specific limited pilot project authorized;
(3) City chill mean means any city or incorporated village in the
state;
(4) Public body stall mean means the state or any municipality,
county, township, board, commission, authority, district, or other political
subdivision or public body of the state;
_ . ---
council, board of trustees, or other legislative body charged with governing
the municipality;
(6) Mayor atoll mean means the mayor of the city or chairperson of
the board of trustees of the village;
(7) Clerk ahal.-b mean means the clerk of the city or village;
• (8) Federal government shall mean means the United States of
America, or any agency or instrumentality, corporate or otherwise, of the
United States of America;
(9) Area of operation shah mean and Include means and includes the
area within the corporate limits of the city and such land outside the city as
may come within the purview of section 18-2123;
(10) Substandard areas atoll mean means an area in which there
is a predominance of buildings or improvements, whether nonresidential or
residential in character, which, by reason of dilapidation, deterioration, age
or obsolescence, inadequate provision for ventilation, light, air, sanitation,
or open spaces, high density of population and overcrowding, or the existence
of conditions which endanger life or property by fire and other causes, or
any combination of such factors, is conducive to ill health, transmission of
disease, infant mortality, juvenile delinquency, and crime, (which cannot be
remedied through construction of prisons), and is detrimental to the public
health, safety, morals, or welfare;
(11) Blighted area stall mean means an area, which (a) by reason
of the presence of a substantial number of deteriorated or deteriorating
structures, existence of defective or inadequate street layout, faulty lot
layout in relation to size, adequacy, accessibility, or usefulness, insanitary
or unsafe conditions, deterioration of site or other improvements, diversity
of ownership, tax or special assessment delinquency exceeding the fair value
of the land, defective or unusual conditions of title, improper subdivision
or obsolete .platting, or the existence of conditions which endanger life
or property by fire and other causes, or any combination of such factors,
substantially impairs or arrests the sound growth of the community, retards
the provision of housing accommodations, or constitutes an economic or social
liability and is detrimental to the public health, safety, morals, or welfare
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as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
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tructing, reconstructing, extending,
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the payment of its bonds or interest thereon; and to covenant for the
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in its present condition and use and (b) in which there is at least one
of the following conditions: (i) Unemployment in the designated area is at
least one hundred twenty percent of the state or national average; (ii) the
average age of the residential or commercial units in the area is at least
forty years; (iii) more than half of the plotted and subdivided property in
an area is unimproved land that has been within the city for forty years
and has remained unimproved during that time; (iv) the per capita income of
the area is lower than the average per capita income of the city or village
in which the area is designated; or (v) the area has had either stable or
decreasing population based on the last two decennial censuses. In no event
shall a city of the metropolitan, primary, or first class designate more than
thirty-five percent of the city as blighted, a city of the second class shall
not designate an area larger than fifty percent of the city as blighted, and
a village shall not designate an area larger than one hundred percent of the
village as blighted;
(12) Redevelopment project eha l mean means any work or undertaking
in one or more community redevelopment areas: (a) To acquire substandard
and blighted areas or portions thereof, including lands, structures, or •
improvements the acquisition of which is necessary or incidental to the proper
clearance, development, or redevelopment of such substandard and blighted
areas; (b) to clear any such areas by demolition or removal of existing
buildings, structures, streets, utilities, or other improvements thereon and
to install, construct, or reconstruct streets, utilities, parks, playgrounds,
public spaces, public parking facilities, sidewalks or moving sidewalks,
convention and civic centers, bus stop shelters, lighting, benches or
other similar furniture, trash receptacles, shelters; skywalks and pedestrian
and vehicular overpasses and underpasses, and any other necessary public
improvements essential to the preparation of sites for uses in accordance
with a redevelopment plan; (c) to sell, lease, or otherwise make available
land in such areas for residential, recreational, commercial, industrial, or
other uses, including parking or other facilities functionally related or
subordinate to such uses, or for public use or to retain such land for
public use, in accordance with a redevelopment plan; and may also include
the preparation of the redevelopment plan, the planning, survey, and other
work incident to a redevelopment project and the preparation of all plans and
arrangements for carrying out a redevelopment project; (d) to dispose of all
real and personal property or any interest in such property, or assets, cash,
or other funds held or used in connection with residential, recreational,
_commercial.,-industrial,-or-other-uses.,-including-parking-or-other-facilities---- - - ----- =- ---
functionally related or subordinate to such uses, or any public use specified
in a redevelopment plan or project, except that such disposition shall be
at its fair value for uses in accordance with the redevelopment plan; (e)
to acquire real property in a community redevelopment area which, under the
redevelopment plan, is to be repaired or rehabilitated for dwelling use or
related facilities, repair or rehabilitate the structures, and resell the
property; and (f) to carry out plans for a program of voluntary or compulsory
repair and rehabilitation of buildings or other improvements in accordance
with the redevelopment plan;
(13) Redevelopment plan shall mean means a plan, as it exists
from time to time for one or more community redevelopment areas, or for a
redevelopment project, which plan (a) shall conform conforms to the general
plan for the municipality as a whole+ and (b) shah be is sufficiently
complete to indicate such land acquisition, demolition and removal of
structures, redevelopment, improvements, and rehabilitation as may be proposed
to be carried out in the community redevelopment area, zoning and planning
changes, if any, land uses, maximum densities, and building requirements;
(14) Redeveloper shall mean means any person, partnership, or public
or private corporation or agency which shall entee or prepeee enters or
proposes to enter into a redevelopment contract;
(15) Redevelopment contract shall mean means a contract entered into
between an authority and a redeveloper for the redevelopment of an area in
conformity with a redevelopment plan;
(16) Real property shall mean means all lands, including
improvements and fixtures thereon, and property of any nature appurtenant
-thereto, or used in connection therewith, and every estate, interest and
right, legal or equitable, therein, including terms for years and liens by
way of judgment, mortgage, or otherwise, and the indebtedness secured by such
liens;
• (17) Bonds shah mean means any bonds, including refunding bonds,
notes, interim certificates, debentures, or other obligations issued pursuant
to the Community Development Law except for bonds issued pursuant to section
10 of this act;
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(18) Obligee shall mean means any bondholder, agent, or trustee for
any bondholder, or lessor demising to any authority, established pursuant to
section 18-2102.01, property used in connection with a redevelopment project,
or any assignee or assignees of such lessor's interest or any part thereof,
and the federal government when it is a party to any contract with such
authority;
(19) Person shall mean means any individual, firm, partnership,
limited liability company, corporation, company, association, joint-stock
association, or body politic and shell ielude includes any trustee, receiver,
assignee, or other similar representative thereof;
(20) Community redevelopment area shall mean means a substandard
and blighted area which the community redevelopment authority designates as
appropriate for a renewal project; and
(21) Redevelopment project valuation ehall mean means the valuation
for assessment of the taxable real property in a redevelopment project last
certified for the year prior to the effective date of the provision authorized
in section 18-21471_T
(22) Enhanced employment area means an area not exceeding six
hundred acres (a) within a community redevelopment area which is designated by
an authority as eligible for the imposition of an occupation tax or (b) not
within a community redevelopment area as may be designated under section 10 of
this act;
(23) Employee means a person employed at a business as a result of
a redevelopment project;
(24) Employer-provided health benefit means any item paid for by the
employer in total or in part that aids in the cost of health care services,
including, but not limited to, health insurance, health savings accounts, and
employer reimbursement of health care costs;
(25) Equivalent employees means the number of employees computed by
(a) dividing the total hours to be paid in a year by (b) the product of forty
times the number of weeks in a year;
(26) Business means any private business located in an enhanced
employment area;
(27) New investment means the value of improvements to real estate
made in an enhanced employment area by a developer or a business;
(28) Number of new employees means the number of equivalent
employees that are employed at a business as a result of the redevelopment
project during a year that are in excess of the number of equivalent employees
- - ------during-the-Year-immediately-prior--to--the-year-_ that a-redevelopment-plan-is_- - -
adopted; and
(29) Occupation tax means a tax imposed under section 8 of this act.
Sec. 3. Section 18-2107, Reissue Revised Statutes of Nebraska, -is
amended to read:
18-2107 An authority shall constitute a public body corporate and
politic, exercising public and essential governmental functions and having all
the powers necessary or convenient to carry out and effectuate the purposes
and provisions of the Community Development Law and sections 18-2147 to
18-2151, including the power:
(1) To sue and to be sued; to have a seal and to alter the same
at pleasure; to have perpetual succession; to make and execute contracts and
other instruments necessary or convenient to the exercise of the powers of the
authority; and to make and from time to time amend and repeal bylaws, rules,
and regulations not inconsistent with the Community Development Law;
(2) To prepare or cause to be prepared and recommend redevelopment
plans to the governing body of the city and to undertake and carry out
redevelopment projects within its area of operation;
(3) To arrange or contract for the furnishing or repair, by any
person or agency, public or private, of services, privileges, works, streets,
roads, public utilities, or other facilities for or in connection with a
redevelopment project; and, notwithstanding anything to the contrary contained
in the Community Development Law or any other provision of law, to agree
to any conditions that it may deem reasonable and appropriate attached to
federal financial assistance and imposed pursuant to federal law relating to
the determination of prevailing salaries or wages or compliance with labor
standards, in the undertaking or carrying out of a redevelopment project, and
to include in any contract let in connection with such a project provisions
to fulfill such federally imposed conditions as it may deem reasonable and
appropriate;
(4) Within its area of operation, to purchase, lease, obtain options
upon, or acquire by gift, grant, bequest, devise, eminent domain, or otherwise
any real or personal property or any interest therein, together with any
improvements thereon, necessary or incidental to a redevelopment project; to
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fixtures thereon, and property of any nature appurtenant
-thereto, or used in connection therewith, and every estate, interest and
right, legal or equitable, therein, including terms for years and liens by
way of judgment, mortgage, or otherwise, and the indebtedness secured by such
liens;
• (17) Bonds shah mean means any bonds, including refunding bonds,
notes, interim certificates, debentures, or other obligations issued pursuant
to the Community Development Law except for bonds issued pursuant to section
10 of this act;
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hold, improve, clear, or prepare for redevelopment any such property; to
sell, lease for a term not exceeding ninety-nine years, exchange, transfer,
assign, subdivide, retain for its own use, mortgage, pledge, hypothecate, or
otherwise encumber or dispose of any real or personal property or any interest
therein; to enter into contracts with redevelopers of property containing
covenants, restrictions, and conditions regarding the use of such property for
. residential, commercial, industrial, or recreational purposes or for public
purposes in accordance with the redevelopment plan and such other covenants,
restrictions, and conditions as the authority may deem necessary to prevent
a recurrence of substandard and blighted areas or to effectuate the purposes
of the Community Development Law; to make any of the covenants, restrictions,
or conditions of the foregoing contracts covenants running with the land
and to provide appropriate remedies for any breach of any such covenants or
conditions, including the right in the authority to terminate such contracts
and any interest in the property created pursuant thereto; to borrow money,
issue bonds, and provide security for loans or bonds; to establish a revolving
loan fund; to insure or provide for the insurance of any real or personal
property or the operation of the authority against any risks or hazards,
including the power to pay premiums on any such insurance; to enter into any
contracts necessary to effectuate the purposes of the Community Development
Law; and to provide grants, loans, or other means of financing to public or •
private parties in order to accomplish the rehabilitation or redevelopment in
accordance with a redevelopment plan. No statutory provision with respect to
the acquisition, clearance, or disposition of property by other public bodies
shall restrict an authority exercising powers hereunder, in such functions,
unless the Legislature shall specifically so state;
(5) To invest any funds held in reserves or sinking funds or any
. funds not required for immediate disbursement in property or securities in
which savings banks or other banks may legally invest funds subject to their
control; and to redeem its bonds at the redemption price established therein
or to purchase its bonds at less than redemption price, and such bonds
redeemed or purchased shall be canceled;
(6) To borrow money and to apply for and accept advances, loans,
grants, contributions, and any other form of financial assistance from the
federal government, from the state, county, municipality, or other public
body, or from any sources, public or private, including charitable funds,
foundations, corporations, trusts, or bequests, for purposes of the Community
Development Law, to give such security as may be required, and to enter into
- - - - -----and-carry_out-contracts-in-connection-therewith;-and-notwithstanding-any-other - -
provision of law, to include in any contract for financial assistance with
the federal government for a redevelopment project such conditions imposed
pursuant to federal law as the authority may deem reasonable and appropriate
and which are not inconsistent with the purposes of the Community Development
Law;
(7) Acting through one or more members of an authority or
other persons designated by the authority, to conduct examinations and
investigations and to hear testimony and take proof under oath at public or
private hearings on any matter material for its information; to administer
oaths and to issue commissions for the examination of witnesses who are
outside of the state or unable to attend before the authority or excused from
attendance; and to make available to appropriate agencies or public officials,
including those charged with the duty of abating or requiring the correction
of nuisances or like conditions, demolishing unsafe or insanitary structures,
• or eliminating conditions of blight within its area of operation, its findings
and recommendations with regard to any building or property where conditions
exist which are dangerous to the public health, safety, morals, or welfare;
(8) Within its area of operation, to make or have made all surveys,
appraisals, studies, and plans, but not including the preparation of a general
plan for the community, necessary to the carrying out of the purposes of
the Community Development Law and to contract or cooperate with any and all
persons or agencies, public or private, in the making and carrying out of such
surveys, appraisals, studies, and plans;
(9) To prepare plans and provide reasonable assistance for the
relocation of families, business concerns, and others displaced from a
redevelopment project area to permit the carrying out of the redevelopment
project to the extent essential for acquiring possession of and clearing.
such area or parts thereof; and to make relocation payments to or with
respect to such persons for moving expenses and losses of property for which
reimbursement or compensation is not otherwise made, including the making of
such payments financed by the federal government;
(10) To make such expenditures as may be necessary to carry out
the purposes of the Community Development Law; and to make expenditures from
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funds obtained from the federal government without regard to any other laws
pertaining to the making and approval of appropriations and expenditures;
(11) To certify on or before September 20 of each year to the
governing body of the city the amount of tax to be levied for the succeeding
fiscal year for community redevelopment purposes, not to exceed two and
six-tenths cents on each one hundred dollars upon the taxable value of the
taxable property in such city, which levy is subject to allocation under
section 77-3443 on and after July 1, 1998. The governing body shall levy and
collect the taxes so certified at the same time and in the same manner as
other city taxes are levied and collected, and the proceeds of such taxes,
when due and as collected, shall be set aside and deposited in the special
account or accounts in which other revenue of the authority is deposited.
Such proceeds shall be employed to assist in the defraying of any expenses
of redevelopment plans and projects, including the payment of principal and
interest on any bonds issued to pay the costs of any such plans and projects; •
(12) To exercise all or any part or combination of powers granted in
this section; and
(13) To plan, undertake, and carry out neighborhood development
programs consisting of redevelopment project undertakings and activities in
one or more community redevelopment areas which are planned and carried
out on the basis of annual increments in accordance with the Community
Development Law and sections 18-2145 and 16-2146 for planning and carrying out
redevelopment projects; and
(14) To agree with the governing body of the city for the imposition •
of an occupation tax for an enhanced employment area.
Sec. 4. Section 18-2111, Reissue Revised Statutes of Nebraska, is
amended to read:
18-2111 The authority may itself prepare or cause to be prepared a
redevelopment plan or any person or agency, public or private, may submit such
a plan to an authority. A redevelopment plan shall be sufficiently complete to
indicate its relationship to definite local objectives as to appropriate land
uses, improved traffic, .public transportation, public utilities, recreational
and community facilities and other public improvements, and the proposed land
uses and building requirements in the redevelopment project area, and shall
include without being limited to: (1) The boundaries of the redevelopment
project area, with a map showing the existing uses and condition of the real
property therein; (2) a land-use plan showing proposed uses of the area; (3)
information showing the standards of population densities, land coverage, and
- -----building—intensities—i±n—the—area—after—redevelopment;—(4-)--a—statement—of—the- _. _ - ..
proposed changes, if any, in zoning ordinances or maps, street layouts, street
levels or grades, or building codes and ordinances; (5) a site plan of the
area; and (6) a statement as to the kind and number of additional public
facilities or utilities which will be required to support the new land uses
in the area after redevelopment. Any redevelopment plan may include a proposal
for the designation of an enhanced employment area.
Sec. 5. Section 18-2116, Reissue Revised Statutes of Nebraska, is
amended to read:
18-2116 (1) Following such hearing, the governing body may approve
a redevelopment plan if 41+ (a) it finds that the plan is feasible and
in conformity with the general plan for the development of the city as a
whole and the plan is in conformity with the legislative declarations and
determinations set forth in the Community Development Law and 42+ (b) it
finds that, if the plan uses funds authorized in section 18-2147, -(a)- (i) the
redevelopment project in the plan would not be economically feasible without
the use of tax-increment financing, } (ii) the redevelopment project would
not occur in the community redevelopment area without the use of tax-increment
financing, and .(e•- (iii) the costs and benefits of the redevelopment project,
including costs and benefits to' other affected political subdivisions, the
economy of the community, and the demand for public and private services have
been analyzed by the governing body and have been found to be in the long-term
best interest of the community impacted by the redevelopment project.
(2) In connection with the approval of any redevelopment plan which
includes the designation of an enhanced employment area, the governing body
may approve the redevelopment plan if it determines that any new investment
within such enhanced employment area will result in at least (a) two new
employees and new investment of one hundred twenty-five thousand dollars in
counties with fewer than fifteen thousand inhabitants, (b) five new employees
and new investment of two hundred fifty thousand dollars in counties with
at least fifteen thousand inhabitants but fewer than twenty-five thousand
inhabitants, (c) ten new employees and new investment of five hundred thousand
dollars in counties with at least twenty-five thousand inhabitants but fewer
than fifty thousand inhabitants, (d) fifteen new employees and new investment
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of one million dollars in counties with at least fifty thousand inhabitants
but fewer than one hundred thousand inhabitants, (e) twenty new employees and
new investment of one million five hundred thousand dollars in counties with
at least one hundred thousand inhabitants but fewer than two hundred thousand
inhabitants, (f) twenty-five new employees and new investment of two million
dollars in counties with at least two hundred thousand inhabitants but fewer
than four hundred thousand inhabitants, or (q) thirty new employees and new
investment of three million dollars in counties with at least four hundred
thousand inhabitants. Any business that has one hundred thirty-five thousand
square feet or more and annual gross sales of ten million dollars or. more
shall provide an employer-provided health benefit of at least three thousand
dollars annually to all new employees who are working thirty hours per week
or more on average and have been employed at least six months. In making
such determination, the governing body may rely upon written undertakings
provided by any redeveloper in connection with application for approval of the
redevelopment plan.
Sec. 6. Section 18-2119, Reissue Revised Statutes of Nebraska, is
amended to read:
18-2119 (1) An authority shall, by public notice by publication
once each week for two consecutive weeks in a legal newspaper having
a general circulation in the city, prior to the consideration of any
redevelopment contract proposal relating to real estate owned or to be owned
by the authority, invite proposals from, and make available all pertinent
information to, private redevelopers or any persons interested in undertaking
the redevelopment of an area, or any part thereof,• which the governing body
has declared to be in need of redevelopment. Such notice shall identify
the area, and shall state that such further information as is available may
be obtained at the office of the authority. The authority shall consider
all redevelopment proposals and the financial and legal ability of the
prospective redevelopers to carry out their proposals and may negotiate with
any redevelopers for proposals for the purchase or lease of any real property
in the redevelopment project area. The authority may accept such redevelopment
contract proposal as it deems to be in the public interest and in furtherance
of the purposes of centime 18-2101 to 48-2144t IRSD-, that the Community
Development Law if the authority has, not less than thirty days prior thereto,
notified the governing body in writing of its intention to accept such
redevelopment contract proposal. Thereafter, the authority may execute such
redevelopment contract in accordance with the provisions of section 18-2118
.._ -._and_deliver_deeds,-leases,.-and-other.-instraneents-and-take-all--steps--necessary-- -. - _ ._. _ .
to effectuate such redevelopment contract. In its discretion, the authority
may, without regard to the foregoing provisions of this section, dispose of
real property in a redevelopment project area to private redevelopers for
redevelopment under such reasonable competitive bidding procedures as it shall
prescribe, subject to the provisions of section 18-2118.
(2) In the case of any real estate owned by a redeveloper,
the authority may enter into a redevelopment contract providing for
such undertakings as the authority shall determine appropriate: Any such
redevelopment contract relating to real estate within an enhanced employment
area shall include a statement of the redeveloper's consent with respect to
the designation of the area as an enhanced employment area, shall be recorded
with respect to the real estate owned by the redeveloper, and shall be binding
upon all future owners of such real estate.
Sec. 7. Section 18-2130, Reissue Revised Statutes of Nebraska, is
amended to read:
18-2130 In connection with the issuance of bonds or the incurring
of obligations under leases and in order to secure the payment of such bonds
or obligations, an authority, in addition to its other powers, shall have
power: (1) To pledge all or any part of its gross or net rents, fees, or •
revenue to which its right then exists or may thereafter come into existence;
(2) to mortgage all or any part of its real or personal property, then owned
or thereafter acquired; (3) to covenant against pledging all or any part of
its rents, fees, and revenue, or against mortgaging all or any part of its
real or personal property, to which its right or title then exists or may
thereafter come into existence, or against permitting or suffering any lien on
such revenue or property; to covenant with respect to limitations on its right
to sell, lease, or otherwise dispose of any redevelopment project, or any:part
thereof; and to covenant as to what other or additional debts or obligations
may be incurred by it; (4) to covenant as to the bonds to be issued and
as to the issuance of such bonds in escrow or otherwise, and as- to the use
and disposition of the proceeds thereof; to. provide for the replacement of
lost, destroyed, or mutilated bonds; to covenant against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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redemption of the bonds and to provide the terms and conditions thereof;
(5) to covenant, subject to the limitations contained in eeetiena 48-2101 -to
18 2144, the Community Development Law, as to the amount of revenue to be
raised each year or other period of time by rents, fees, and other revenue,
and as to the use and disposition to be made thereof; to establish or to
authorize the establishment of special funds for money held for operating
coats, debt service, reserves, or other purposes, and to covenant as to the
use and disposition of the money held in such funds; (6) to prescribe the
procedure, if any, by which the terms of any contract with bondholders may be
amended or abrogated, the amount of bonds the holders of which must consent
thereto and the manner in which such consent may be given; (7) to covenant
as to the use, maintenance, and replacement of any or all of its real or
personal property, the insurance to be carried thereon, and the use and
disposition of insurance money, and to warrant its title to such property; (8)
to covenant as to the rights, liabilities, powers, and duties arising upon the
breach by it of any covenants, conditions, or obligations; and to covenant and
prescribe as to events of default and terms and conditions upon which any or
all of its bonds or obligations shall become or may be declared due before
maturity, and as to the terms and conditions upon which such declaration and
its consequences may be waived; (9) to vest in any obligees of the authority
the right to enforce the payment of the bonds or any covenants securing or
relating to the bonds; to vest in any obligee or obligees holding a specified
amount in bonds the right, in the event of a default by said the authority, to
take possession of and use, operate, and manage any redevelopment project or
any part thereof, title to which is in the authority, or any funds connected
therewith, and to collect the rents and revenue arising therefrom and to
dispose of such money in accordance with the agreement of the authority with
such obligees; to provide for the powers and duties of such obligees and to
limit the liabilities thereof; and to provide the terms and conditions upon
which such obligees may enforce any covenant or rights securing or relating
to the bonds; and (10) to pledge all of the revenue from any occupation tax
• received or to be received with respect to any enhanced employment area; and
(11) to exercise all or any part or combination of the powers herein granted;
to make such covenants, other than and in addition to the covenants herein
expressly authorized, and to do any and all such acts and things as may be
necessary or convenient or desirable in order to secure its bonds, or, in the
absolute discretion of the authority, as will tend to make the bonds more
marketable notwithstanding that such covenants, acts, or things may not be
- -enumerated-herein--- --- -- ----—-- - --
Sec. 8. A city may levy a general business occupation tax upon
the businesses and users of space within an enhanced employment area for
the purpose of paying all or any part of the costs and expenses of. any
redevelopment project within such enhanced employment area. For purposes of
the tax imposed under this section, the governing body may make a reasonable
classification of businesses, users of apace, or kinds of transactions. The
collection of a tax imposed pursuant to this section shall be made and
enforced in such a manner as the governing body shall by ordinance determine
to produce the required revenue. The governing body may provide that failure
to pay the tax imposed pursuant to this section shall constitute a violation
of the ordinance and subject the violator to a fine or other punishment as
provided by ordinance. Any such occupation tax agreed to by the authority and
the city shall remain in effect so long as the authority has bonds outstanding
which have been issued stating such occupation tax as an available source for
payment.
Sec. 9. Eminent domain shall not be used to acquire property that
will be transferred to a private party in the enhanced employment area.
Sec. 10. (1) For purposes of this section:
(a) Authorized work means the performance of any one or more of the
following purposes within an enhanced employment area designated pursuant to
this section:
(i) The acquisition, construction, maintenance, and operation of
public offstreet parking facilities for the benefit of the enhanced employment
area;
(ii) Improvement of any public place or facility in the enhanced
employment area, including landscaping, physical improvements for decoration
or security purposes, and plantings;
(iii) Construction or installation of pedestrian shopping malls or
plazas, sidewalks or moving sidewalks, parks, meeting and display facilities,
bus stop shelters, lighting, benches or other seating furniture, sculptures,
trash receptacles, shelters, fountains, skywalks, and pedestrian and vehicular
overpasses and underpasses, and any useful or necessary public improvements;
(iv) Leasing, acquiring, constructing, reconstructing, extending,
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for the payment of its bonds or interest thereon; and to covenant for the
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maintaining, or repairing parking lots or parking garages, both above and
below ground, or other facilities for the parking of vehicles, including the
power to install such facilities in public areas, whether such areas are owned
in fee or by easement, in the enhanced employment area;
(v) Creation and implementation of a plan for improving the general
architectural design of public areas in the enhanced employment area;
(vi) The development of any public activities and promotion of
public events, including the management, promotion, and advocacy of retail
trade activities or other promotional activities, in the enhanced employment
area;
(vii) Maintenance, repair, and reconstruction of any improvements or
facilities authorized by the Community Development Law;
(viii) Any other protect or undertaking for the betterment of the
public facilities in the enhanced employment area, whether the protect is
capital or noncapital in nature;
(ix) Enforcement of parking regulations and the provision of
security within the enhanced employment area; or
(x) Employing or contracting for personnel, including administrators
for any improvement program under the Community Development Law, and providing
for any service as may be necessary or proper to carry out the purposes of the
Community Development Law;
(b) Employee means a person employed at a business located within an
enhanced employment area; and
(c) Number of new employees means the number of equivalent employees
that are employed at a business located within an enhanced employment area
designated pursuant to this section during a year that are in excess of the
number of equivalent employees during the year immediately prior to the year
the enhanced employment area was designated pursuant to this section.
(2) If an area is not blighted or substandard, a city may designate
an area as an enhanced employment area if the governing body determines that.
new investment within such enhanced employment area will result in at least
(a) two new employees and new investment of one hundred twenty-five thousand
dollars in counties with fewer than fifteen thousand inhabitants, (b) five new
employees and new investment of two hundred fifty thousand dollars in counties
with at least fifteen thousand inhabitants but fewer than twenty-five thousand
inhabitants, (c) ten new employees and new investment of five hundred thousand
dollars in counties with at least twenty-five thousand inhabitants but fewer
than fifty thousand inhabitants, (d) fifteen new employees and new investment
. _ __of_one_million_dollars in counties with at least fifty thousand inhabitants
but fewer than one hundred thousand inhabitants, (e) twenty new employees and--- - " -"
new investment of one million five hundred thousand dollars in counties with
at least one hundred thousand inhabitants but fewer than two hundred thousand
inhabitants, (f) twenty-five new employees and new investment of two million
dollars in counties with at least two hundred thousand inhabitants but fewer
than four hundred thousand inhabitants, or (g) thirty new employees and new
investment of three million dollars in counties with at least four hundred
thousand inhabitants. Any business that has one hundred thirty-five thousand
square feet or more and annual gross sales of ten million dollars or more
shall provide an employer-provided health benefit of at least three thousand
dollars annually to all new employees who are working thirty hours per week
or more on average and have been employed at least six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
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for the payment of its bonds or interest thereon; and to covenant for the
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work. The assessments or taxes levied must be specified by ordinance and the
proceeds shall not be used for any purpose other than the making of such
improvements and for the repayment of bonds issued in whole or in part for
the financing of such improvements. The authority to levy the general business
occupation tax contained in this section and the authority to issue bonds
secured by or payable from such occupation tax shall be independent of and
separate from any occupation tax referenced in section 18-2103.
(4) A city may issue revenue bonds for the purpose of defraying
the cost of authorized work and to secure the payment of such bonds with
the occupation tax revenue described in this section. Such revenue bonds may
be issued in one or more series or issues where deemed advisable, and each
such series or issue may contain different maturity dates, interest rates,
priorities on revenue available for payment of such bonds and priorities
on securities available for guaranteeing payment thereof, and such other
differing terms and conditions as are deemed necessary. The following shall
apply to any such bonds:
(a) Such bonds shall be limited obligations of the city. Bonds and
interest on such bonds, issued under the authority of this section, shall not
constitute nor give rise to a pecuniary liability of the city or a charge
against its general credit or taxing powers. Such limitation shall be plainly
stated upon the face of each of such bonds;
(b) Such bonds may (i) be executed and delivered at any time and
from time to time, (ii) be in such form and denominations, (iii) be of. such
tenor, (iv) be payable in such installments and at such time or times not
exceeding twenty years from their date, (v) be payable at such place or
places, (vi) bear interest at such rate or rates, payable at such place or
places, and evidenced in such manner, (vii) be redeemable prior to maturity,
with or without premium, and (viii) contain such provisions as shall be deemed
in the best interest of the city and provided for in the proceedings of the
governing body under which the bonds shall be authorized to be issued;
(c) The authorization, terms, issuance, execution, or delivery of
such bonds shall not be subject to sections 10-101 to 10-126; and
(d) Such bonds may be sold at public or private sale in such manner
and at such time or times as may be determined by the governing body to be •
most advantageous. The city may pay all expenses, premiums, and commissions
which the governing body may deem necessary or advantageous in connection with
the authorization, sale, and issuance thereof from the proceeds or the sale of
the bonds or from the revenue of the occupation tax described in this section.
- -• - - -in-this-act-or-any-part-of-any-section is-------- - - -
declared invalid or unconstitutional, the declaration shall not affect the
validity or constitutionality of the remaining portions.
Sec. 12. Original sections 18-2101, 18-2103, 18-2107, 18-2111,
18-2116, 18-2119, and 18-2130, Reissue Revised Statutes of Nebraska, are •
repealed.
-9-
our hundred
thousand inhabitants. Any business that has one hundred thirty-five thousand
square feet or more and annual gross sales of ten million dollars or more
shall provide an employer-provided health benefit of at least three thousand
dollars annually to all new employees who are working thirty hours per week
or more on average and have been employed at least six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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issued under the authority of this section, shall not
constitute nor give rise to a pecuniary liability of the city or a charge
against its general credit or taxing powers. Such limitation shall be plainly
stated upon the face of each of such bonds;
(b) Such bonds may (i) be executed and delivered at any time and
from time to time, (ii) be in such form and denominations, (iii) be of. such
tenor, (iv) be payable in such installments and at such time or times not
exceeding twenty years from their date, (v) be payable at such place or
places, (vi) bear interest at such rate or rates, payable at such place or
places, and evidenced in such manner, (vii) be redeemable prior to maturity,
with or without premium, and (viii) contain such provisions as shall be deemed
in the best interest of the city and provided for in the proceedings of the
governing body under which the bonds shall be authorized to be issued;
(c) The authorization, terms, issuance, execution, or delivery of
such bonds shall not be subject to sections 10-101 to 10-126; and
(d) Such bonds may be sold at public or private sale in such manner
and at such time or times as may be determined by the governing body to be •
most advantageous. The city may pay all expenses, premiums, and commissions
which the governing body may deem necessary or advantageous in connection with
the authorization, sale, and issuance thereof from the proceeds or the sale of
the bonds or from the revenue of the occupation tax described in this section.
- -• - - -in-this-act-or-any-part-of-any-section is-------- - - -
declared invalid or unconstitutional, the declaration shall not affect the
validity or constitutionality of the remaining portions.
Sec. 12. Original sections 18-2101, 18-2103, 18-2107, 18-2111,
18-2116, 18-2119, and 18-2130, Reissue Revised Statutes of Nebraska, are •
repealed.
-9-
our hundred
thousand inhabitants. Any business that has one hundred thirty-five thousand
square feet or more and annual gross sales of ten million dollars or more
shall provide an employer-provided health benefit of at least three thousand
dollars annually to all new employees who are working thirty hours per week
or more on average and have been employed at least six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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expenditures from
-4-
United States
Census
20 � 0
St.§18-2152
West's Revised Statutes of Nebraska Annotated Currentness
Chapter 18.Cities and Villages;Laws Applicable to All
Article 21.Community Development
Neb.Rev.St.§18-2152
18-2152.Repealed by Laws 1988,LB 809, § 1
18-2152.Repealed by Laws 1988,LB 809, §1
Neb.Rev.St. § 18-2152,NE ST§ 18-2152
Current through the 101st Legislature Second Regular Session 2010
End of I)ocuotf:oi .'2011 Ii.iomsoa Reiner..No claim to original U.S.Govornnicni Worh5.
't,
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- -• - - -in-this-act-or-any-part-of-any-section is-------- - - -
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Sec. 12. Original sections 18-2101, 18-2103, 18-2107, 18-2111,
18-2116, 18-2119, and 18-2130, Reissue Revised Statutes of Nebraska, are •
repealed.
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our hundred
thousand inhabitants. Any business that has one hundred thirty-five thousand
square feet or more and annual gross sales of ten million dollars or more
shall provide an employer-provided health benefit of at least three thousand
dollars annually to all new employees who are working thirty hours per week
or more on average and have been employed at least six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
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Sec. 12. Original sections 18-2101, 18-2103, 18-2107, 18-2111,
18-2116, 18-2119, and 18-2130, Reissue Revised Statutes of Nebraska, are •
repealed.
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our hundred
thousand inhabitants. Any business that has one hundred thirty-five thousand
square feet or more and annual gross sales of ten million dollars or more
shall provide an employer-provided health benefit of at least three thousand
dollars annually to all new employees who are working thirty hours per week
or more on average and have been employed at least six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
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-7-
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- -• - - -in-this-act-or-any-part-of-any-section is-------- - - -
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Sec. 12. Original sections 18-2101, 18-2103, 18-2107, 18-2111,
18-2116, 18-2119, and 18-2130, Reissue Revised Statutes of Nebraska, are •
repealed.
-9-
our hundred
thousand inhabitants. Any business that has one hundred thirty-five thousand
square feet or more and annual gross sales of ten million dollars or more
shall provide an employer-provided health benefit of at least three thousand
dollars annually to all new employees who are working thirty hours per week
or more on average and have been employed at least six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
Community Redevelopment
Tax Increment Financing Projects
Tax Year 2010
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Report to the Legislature
Nebraska Department of Revenue
Property Assessment Division
March 1, 2011
r Ruth A. Sorensen, Property Tax Administrator
�.;�.....w,.~ �!...,w..,... ,.....,.,.,,.,..,......( i..: ., -.•iti,.,........,.,Y..w,.,......,,.w....,,..../,'...;�,.,..,...,,.,,.....,......,.,...,.,�.-,..,,.w�j......w'.,..,.,...,,,...,..,..,.,..M.,..,...,.,..,,_..,....,.,,,...,„........,....
_i, ,. -on Reuters. l ,-;
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STATE OF NEBRASKA
Dave Heineman DEPARTMENT OF REVENUE
't +%? ('P- Governor• Douglas A.Ewald,Tax Commissioner
Sl ,
% PROPERTY ASSESSMENT DIVISION,Ruth A.Sorensen,Administrator
1.3 to,'" P.O.Box 98919•Lincoln,Nebraska 6R509-8919
Phone:(402)471-5984•Fax(402)471-5993
www.pat.ne.gov.
March 1,2011
Clerk of the Legislature:
•
The Property Tax Administrator has compiled the 2010 Community Redevelopment Tax
Increment Financing Projects , pursuant to Neb. Rev. Stat. § 18-2117.01.The report provides an
overview of each city in the State of Nebraska that is currently engaged in redevelopment
projects using Tax Increment Financing. The report can be found online at:
www.revenue.ne.gov/PAD/research/tif reports.html .
The information contained in the report was obtained from the county assessors through the
filing of the Certificate of Taxes Levied Report and supplemented by city officials. Each project
indicates the type of property, a history of yearly assessments, and the taxes levied. The remarks
on each city project identify the specific name of the project, the location of the project, a short
narrative description of the type of development undertaken by the city, and other pertinent
information that will assist in understanding the data.
Any comments regarding the format, content,and usefulness of the information provided in this
report would be appreciated.
FOR THE TAX COMMISSIONER
Sincerely,
c0 A. Aptenoe..-....
Ruth A. Sorensen
Property Tax Administrator
•
An Equal Opportunity/Affirmative Action Employer
Printed with soy Ink
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tion tax described in this section.
- -• - - -in-this-act-or-any-part-of-any-section is-------- - - -
declared invalid or unconstitutional, the declaration shall not affect the
validity or constitutionality of the remaining portions.
Sec. 12. Original sections 18-2101, 18-2103, 18-2107, 18-2111,
18-2116, 18-2119, and 18-2130, Reissue Revised Statutes of Nebraska, are •
repealed.
-9-
our hundred
thousand inhabitants. Any business that has one hundred thirty-five thousand
square feet or more and annual gross sales of ten million dollars or more
shall provide an employer-provided health benefit of at least three thousand
dollars annually to all new employees who are working thirty hours per week
or more on average and have been employed at least six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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expenditures from
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., Tax Increment Financing (TIF)Report 2010 Page 61
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 57 1994 OMAHA Name of Project: Farnam Park Investment,LLC
School: OMAHA 1 Class: 5 CTL-ID# Corner of Famam&16th St.,City of Omaha.
Description:Parking garage.
Schcode: 28-0001 28-2057
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1994 I 141,000 I 0 I 0 I 0.00 I 0.00I
11995 I 141,000 I 2,609,000 I 2.77074 I 3,906.74 I 72,288.611
1996 I 141,000 I 2,609,000 2.5873 3,648.09 67,502.66I
1997 141,000 2,609,000 2.4032 3,388.51 62,699.49
1998 141,000 2,609,000 2.17132 3,061.56 56,649.74
1999 141,000 2,609,000 1.90625 2,687.81 49,734.06
2000 141,000 3,574,400 1.88197 I 2,653.58 67,269.14
2001 141,000 3,574,400 2.01321 2,838.63 71,960.18
2002 141,000 3,574,400 2.08626 2,941.63 74,571.28
2003 141,000 3,574,400 2.16055 3,046.38 77,226.70
2004 141,000 3,574,400 2.14791 3,028.55 76,774.90
2005 141,000 3,574,400 2.09798 2,958.15 74,990.20
2006 141,000 2,290,100 2.07512 2,925.92 47,522.32
2007 141,000 2,290,100 2.05403 2,896.18 47,039.34
2008 141,000 2,290,100 2.05498 2,897.52 47,061.10
2009 141,000 2,290,100 2.13427 3,009.32 48,876.92
2010 141,000 2,290,100 2.17816 3,071.21 49,882.04
Current Year Base Value Excess Value Total 48,959.78 992,048.68
Residential 0 0
Commercial 141,000 2,290,100
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 58 1994 OMAHA Name of Project: Kohlls Drug Store
School: OMAHA 1 Class: 5 CTL-ID# 30th&Leavenworth St.,City of Omaha.
Description:Retail Store.
Schcode: 28-0001 28-2058
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1994 102,700 0 0 0.00 0.00
1995 102,700 100,100 2.77074 2,845.55 2,773.51
1996 102,700 100,100 2.5873 2,657.16 2,589.89
1997 102,700 100,100 2.4032 2,468.09 2,405.60
1998 102,700 100,100 2.17132 2,229.95 2,173.49
1999 102,700 100,100 1.90625 1,957.72 1,908.16
2000 102,700 125,000 1.88197 1,932.78 2,352.46
2001 102,700 125,000 2.01321 2,067.57 2,516.51
2002 102,700 125,000 2.08626 2,142.59 2,607.83
, 2003 102,700 125,000 2.16055 2,218.88 2,700.69
2004 102,700 125,000 2.14791 2,205.90 2,684.89
2005 102,700 125,000 2.09798 2,154.63 2,622.48
2006 I 102,700 I 129,400 2.07512 2,131.15 2,685.21
2007 102,700 129,400 2.05403 2,109.49 2,657.91
2008 I 102,700 I 129,400 I 2.05498 2,110.46 2,659.14
2009 I 102,700 I 129,400 I 2.13427 2,191.90 2,761.75
2010 I 102,700 I 129,400 I 2.17816 2,236.97 2,818.54
Total 35,660.79 40,918.06
Current Year Base Value Excess Value
Residential 0 0
Commercial 102,700 129,400
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
oss sales of ten million dollars or more
shall provide an employer-provided health benefit of at least three thousand
dollars annually to all new employees who are working thirty hours per week
or more on average and have been employed at least six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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Tax Increment Financing (TIF) Report 2010 Page 62
" COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 61 1994 OMAHA Name of Project: Millard Refrigerated Services-Nebraska Beef
School: OMAHA 1 Class: 5 CTL-ID# 10 acre site bounded by"L"St.between 35th&36th Sts.,City of Omaha.
Description:Renovation for industrial facility.
Schcode: 28-0001 28-2061
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
11994 I 763,400 I 0 I 0 I 0.00 I 0.001
1995 I 763,400 I 0 I 0 I 0.00 I 0.00I
1996 763,400 I 6,555,600 2.5873 19,751.45 - 169,613.041
1997 763,400 6,555,600 2.4032 18,346.03 157,544.17
1998 763,400 6,555,600 2.17132 16,575.86 142,343.05
1999 763,400 6,555,600 1.90625 14,552.31 124,966.13
2000 I 763,400 7,739,800 I 1.88197 14,366.96 145,660.711
2001 763,400 7,739,800 2.01321 15,368.85 155,818.43
2002 763,400 7,867,800 2.08626 15,926.51 164,142.76
2003 763,400 7,867,800 2.16055 16,493.64 169,987.75
2004 763,400 8,299,360 2.14791 16,397.14 178,262.78
2005 763,400 8,350,500 2.09798 16,015.98 175,191.82
2006 763,400 8,350,500 2.07512 15,841.47 173,282.90
2007 763,400 8,350,500 2.05403 15,680.47 171,521.78
2008 763,400 8,350,500 2.05498 15,687.72 171,601.10
2009 763,400 8,579,900 2.13427 16,293.02 183,118.23
2010 763,400 8,579,900 2.17816 16,628.07 186,883.95
Current Year _ Base Value Excess Value Total 243,925.48 2,469,938.60
Residential 0 0
Commercial 0 0
Industrial 763,400 8,579,900
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 63 1994 OMAHA Name of Project: 1115 Hamey Limited Partnership
School: OMAHA 1 Class: 5 CTL-ID# 1115 Harvey,"George H.Lee"Bldg.,City of Omaha.,
Description:8 units low/moderate income housing.
Schcode: 28-0001 28-2063
Year Base Value Excess Value Tax Rate TIF Base Tax_JTIF Excess Tax]
1994 69,000 0 I 0 0.00I 0.00
1995 69,000 89,500 2.77074 1,911.81 2,479.81
1996 69,000 0 I 2.5873 1,785.241 23,570.30
1997 69,000 911,000 I 2.4032 1,658.21 I 21,893.15
1998 69,000 911,000 I 2.17132 1,498.21 I 19,780.73
1999 69,000 911,000 I 1.90625 1,315.31 I 17,365.94
2000 69,000 979,600 1.88197 1,298.56 18,435.78
2001 69,000 979,600 2.01321 1,389.11 19,721.41
2002 69,000 979,600 I 2.08626 1,439.52 I 20,437.00
2003 69,000 979,600 I 2.16055 1,490.78 21,164.75
2004 69,000 979,600 2.14791 1,482.06 21,040.93
2005 69,000 979,600 I 2.09798 1,447.61 I 20,551.81
2006 69,000 982,500 I 2.07512 1,431.83 I 20,388.05
2007 69,000 982,500 I 2.05403 1,417.28 I 20,180.84
2008 69,000 982,500 I 2.05498 1,417.94 I 20,190.18
2009 69,000 982,500 2.13427 1,472.65 20,969.20
12010 69,000 979,100 I 2.17816 1,502.93 I 21,326.36
Current Year Base Value Excess Value Total 23,959.05 I 309,496.24
Residential 0 0
Commercial 69,000 979,100
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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expenditures from
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, �� Tax Increment Financing (TIF) Report 2010 Page 63
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 64 1994 OMAHA Name of Project: Food Services of America,Inc.
School: OMAHA 1 Class: 5 CTL-ID# Area bounded by 9th, 14th&Ida Sts.,City of Omaha.
Description:Public improvements and site prep for industrial facility.
Schcode: 28-0001 28-2064
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
11994 I 152,700 I 0 I 0 I 0.00 I 0.00I
1995 I 152,700 I 2,848,400 I 2.77074 I 4,230.92 I 78,921.761
11996 I 152,700 I 3,288,400 I 2.5873 I 3,950.81 85,080.77
1997 152,700 3,400,000 2.4032 3,669.69 81,708.80
1998 152,700 3,400,000 2.17132 3,315.61 73,824.88
1999 152,700 3,400,000 1.90625 2,910.84 64,812.50
2000 152,700 I 4,654,500 1.88197 2,873.77 87,596.291
2001 152,700 4,654,500 2.01321 3,074.17 93,704.86
2002 152,700 4,654,500 2.08626 3,185.72 97,104.97
2003 152,700 4,654,500 2.16055 3,299.16 100,562.80
2004 152,700 4,894,860 2.14791 3,279.86 105,137.19
2005 152,700 5,313,700 2.09798 3,203.62 111,480.36
2006 152,700 5,313,700 2.07512 3,168.71 110,265.65
2007 152,700 5,313,700 2.05403 3,136.50 109,144.99
2008 152,700 5,313,700 2.05498 3,137.95 109,195.47
2009 152,700 5,313,700 2.13427 3,259.03 113,408.70
2010 152,700 7,038,000 2.17816 3,326.05 153,298.90
Current Year Base Value Excess Value Total 53,022.41 1,575,248.89
Residential 0 0
Commercial 0 0
Industrial 152,700 7,038,000
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 65 1995 OMAHA Name of Project: Orchard Manor LP/NCDC
School: OMAHA 1 Class: 5 CTL-ID# 36th St.and Orchard Ave.,City of Omaha.
Description:Public improvements for 48 housing units for persons with
Schcode: 28-0001 28-2065 hearing impairments.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1995 68,200 0 0 0.00 0.00
1996 68,200 1,081,100 2.5873 1,764.54 27,971.30
1997 68,200 1,081,100 2.4032 1,638.98 25,981.00
1998 68,200 1,728,100 2.17132 1,480.84 37,522.58
1999 68,200 1,728,100 1.90625 1,300.06 32,941.91
2000 68,200 1,819,000 1.88197 1,283.50 34,233.03
2001 68,200 2,615,000 2.01321 1,373.01 52,645.44
2002 68,200 2,351,400 2.08626 1,422.83 49,056.32
2003 68,200 2,615,000 2.16055 1,473.50 56,498.38
2004 68,200 2,615,000 2.14791 1,464.87 56,167.85
2005 68,200 1,688,000 2.09798 1,430.82 35,413.90
2006 I 68,200 1,688,000 2.07512 1,415.23 35,028.03
2007 I 68,200 1,688,000 2.05403 1,400.85 34,672.03
2008 I 68,200 I 1,012,800 I 2.05498 1,401.50 20,812.84
2009 I 68,200 I 1,012,800 I 2.13427 1,455.57 21,615.89
2010 I 68,200 I 1,456,790 I 2.17816 1,485.51 31,731.22
Total 21,791.61 552,291.72
Current Year Base Value Excess Value
Residential 0 0
Commercial 68,200 1,456,790
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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, Tax Increment Financing (TIF) Report 2010 Page 64
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 67 1995 OMAHA Name of Project: Lozier Corporation III
School: OMAHA 1 Class: 5 CTL-ID# 6316 John J.Pershing Dr.,City of Omaha.
Description:Public improvements and site prep for industrial facility
Schcode: 28-0001 28-2067 expension.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1995 I 99,200 I 0 I 2.77074 I 2,748.57 I 0.00I
1996 I 99,200 I 2,725,800 I 2.5873 I 2,566.60 1 70,524.621
1997 I 99,200 2,725,800 I 2.4032 2,383.97 1 65,506.43
1998 99,200 2,766,000 2.17132 2,153.95 60,058.71
1999 99,200 2,766,000 1.90625 1,891.00 52,726.88
2000 99,200 3,410,500 1.88197 1,866.91 64,184.59
2001 99,200 3,410,500 2.01321 1,997.10 68,660.53I
2002 99,200 3,410,500 2.08626 2,069.57 71,151.90
2003 99,200 3,410,500 2.16055 2,143.27 73,685.56 1
2004 99,200 3,585,985 2.14791 2,130.73 77,023.73
12005 I 99,200 I 3,586,000 I 2.09798 I 2,081.20 I 75,233.561
12006 I 99,200 I 3,586,000 I 2.07512 I 2,058.52 I 74,413.80I
12007 I 99,200 I 3,586,000 2.05403 I 2,037.60 I 73,657.521
2008 99,200 3,586,000 2.05498 2,038.54 73,691.58
12009 I 99,200 I 3,586,000 I 2.13427 I 2,117.20 I 76,534.92I
12010 I 99,200 I 3,586,000 I 2.17816 I 2,160.73 I 78,108.821
Current Year Base Value Excess Value Total I 34,445.46 I 1,055,163.15
Residential 0 0
Commercial 0 0
Industrial 99,200 3,586,000
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 69 1996 OMAHA Name of Project: Drake Williams Steel,Inc.
School: OMAHA 1 Class: 5 CTL-ID# 1602 N.11th St.,City of Omaha.
Description:Industrial facility expansion.
Schcode: 28-0001 28-2069
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1996 446,000 779,000 2.5873 11,539.36 20,155.07
1997 446,000 938,000 2.4032 10,718.27 22,542.02
1998 446,000 938,000 2.17132 9,684.09 20,366.98
1999 446,000 938,000 1.90625 8,501.88 17,880.63
2000 446,000 1,102,200 1.88197 8,393.59 20,743.07
2001 446,000 1,102,200 2.01321 8,978.92 22,189.60
2002 446,000 1,847,300 2.08626 9,304.72 38,539.48
2003 446,000 1,847,300 2.16055 9,636.05 39,911.84
2004 446,000 1,961,965 2.14791 9,579.68 42,141.24
2005 446,000 1,961,900 2.09798 9,356.99 41,160.27
2006 446,000 1,961,900 2.07512 9,255.04 40,711.78
2007 446,000 1,961,900 2.05403 9,160.97 40,298.01
2008 446,000 1,961,900 2.05498 9,165.21 40,316.65
2009 446,000 1,961,900 2.13427 9,518.84 41,872.24
2010 446,000 1,961,900 2.17816 9,714.59 42,733.32
Total 142,508.20 491,562.20
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 0
Industrial 446,000 1,961,900
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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Tax Increment Financing (TIF) Report 2010 Page 65
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 70 1996 OMAHA Name of Project: Rivergate Apartments
1323 Jackson St.,City of Omaha.
School: OMAHA 1 Class: 5 CTL-ID#
Description:72 units low/moderate income housing.
Schcode: 28-0001 28-2070
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
11996 I 504,700 I 0 I 2.5873 I 13,058.10 I 0.00I
1997 I 504,700 I 3,185,300 I 2.4032 I 12,128.95 I 76,549.131
1998 504,700 3,185,300 2.171321 10,958.651 69,163.06I
1999 504,700 3,185,300 1.90625 9,620.84 60,719.78
2000 504,700 3,663,100 1.88197 9,498.30 68,938.44
2001 504,700 3,663,100 2.01321 10,160.67 73,745.90
2002 I 504,700 3,663,100 I 2.08626 10,529.35 76,421.791
2003 504,700 3,392,300 2.16055 10,904.30 73,292.34
2004 504,700 3,480,000 2.14791 10,840.50 74,747.27
2005 504,700 3,480,000 2.09798 10,588.51 73,009.70
2006 I 504,700 3,772,000 I 2.07512 10,473.13 78,273.53
2007 504,700 3,772,000 2.05403 10,366.69 77,478.01
2008 504,700 I 3,772,000 2.05498 10,371.48 77,513.85 1
2009 504,700 3,772,000 I 2.13427 10,771.66 80,504.66
2010 504,700 I 5,315,100 I 2.17816 10,993.17 115,771.38
Current Year Base Value Excess Value Total 161,264.30 1,076,128.84
Residential 0 0
Commercial 504,700 5,315,100
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 71 1996 OMAHA Name of Project: First Data Resources(Frank Krejci)
School: OMAHA 1 Class: 5 CTL-ID# 805 Crown Point Ave.,City of Omaha.
Description:Public improvements for industrial faciltiy.
Schcode: 28-0001 28-2071
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1996 185,000 820,000 2.5873 4,786.51 21,215.86
1997 185,000 9,486,300 2.4032 4,445.92 227,974.76
1998 185,000 11,235,000 2.17132 4,016.94 243,947.80
1999 185,000 11,272,500 1.90625 3,526.56 214,882.03
2000 185,000 13,810,400 1.88197 3,481.64 259,907.58
2001 185,000 13,810,400 2.01321 3,724.44 278,032.35
2002 185,000 14,297,200 2.08626 3,859.58 298,276.76
2003 185,000 14,297,200 2.16055 3,997.02 308,898.15
2004 185,000 14,526,100 2.14791 3,973.63 312,007.55
2005 185,000 14,526,100 2.09798 3,881.26 304,754.67
2006 185,000 14,526,100 2.07512 3,838.97 301,434.01
2007 185,000 14,526,100 2.05403 3,799.96 298,370.45
2008 185,000 14,526,100 2.05498 3,801.71 298,508.45
2009 185,000 14,526,100 2.13427 3,948.40 310,026.19
2010 I 185,000 I 14,526,100 I 2.17816 I 4,029.60 I 316,401.70I
Current Year Base Value Excess Value Total I 59,112.14 3,994,638.311
Residential 0 0
Commercial 0 0
Industrial 185,000 14,526,100
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
11
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 72 1996 OMAHA Name of Project: Caldwell Limited Partnership Apts.
School: OMAHA 1 Class: 5 CTL-ID# 27th&Caldwell Sts.,City of Omaha.
Description:19 units low/moderate income housing.
Schcode: 28-0001 28-2072
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1996 I 800 I 0 I 0 I 0.00 I 0.001
11997 I 800 I 532,900 I 2.4032 I 19.23 I 12,806.65I
1998 800 532,900 2.17132 17.37 11,570.961
1999 800 532,900 1.90625 15.25 10,158.41
2000 800 635,700 1.88197 15.06 11,963.68
2001 800 637,000 2.01321 16.11 12,824.15
2002 I 800 I 637,000 I 2.08626 16.69 13,289.48I
2003 800 621,000 2.16055 17.28 13,417.02
2004 800 621,000 2.14791 17.18 13,338.52
2005 800 1,172,700 2.09798 16.78 24,603.01
2006 I 800 I 1,172,700 I 2.07512 I 16.60 I 24,334.93I
12007 I 800 I 425,200 I 2.05403 I 16.43 I 8,733.741
12008 I 800 I 389,200 I 2.05498 I 16.44 7,997.981
2009 800 389,200 2.13427 17.07 8,306.58
2010 I 800 I 351,390 I 2.17816 I 17.43 I 7,653.841
I1Current Year Base Value Excess Value Total 234.92 I 180,998.95
Residential 0 0
Commercial 800 351,390
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 73 1996 OMAHA Name of Project: Upstream Brewery Co.,LLC Apts
School: OMAHA 1 Class: 5 CTL-ID# 514 S. 11th (Former Firehouse Dinner Theatre),City of Omaha.
Description:Restaurant
Schcode: 28-0001 28-2073
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1996 200,00J 255,000 2.5873 5,174.60 6,597.62
1997 200,000 990,000 2.4032 4,806.40 23,791.68
1998 200,000 990,000 2.17132 4,342.64 21,496.07
1999 200,000 1,095,000 1.90625 3,812.50 20,873.44
2000 200,000 1,286,400 1.88197 3,763.94 24,209.66
2001 200,000 1,286,400 2.01321 4,026.42 25,897.93
2002 200,000 1,286,400 2.08626 4,172.52 26,837.65
2003 200,000 1,286,400 2.16055 4,321.10 27,793.32
2004 200,000 1,448,600 2.14791 4,295.82 31,114.62
2005 200,000 1,448,600 2.09798 4,195.96 30,391.34
2006 200,000 1,448,600 2.07512 4,150.24 30,060.19
2007 200,000 1,448,600 2.05403 4,108.06 29,754.68
2008 200,000 1,448,600 2.05498 4,109.96 29,768.44
2009 200,000 1,448,600 2.13427 4,268.54 30,917.04
2010 200,000 1,448,600 2.17816 4,356.32 31,552.83
Total 63,905.02 391,056.51
Current Year Base Value Excess Value
Residential 0 0
Commercial 200,000 1,448,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ial 0 0
Commercial 0 0
Industrial 185,000 14,526,100
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
11
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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expenditures from
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, Tax Increment Financing (TIF) Report 2010 Page 67
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 76 1996 OMAHA Name of Project: Securities Exchange Bldg.,LTD
School: OMAHA 1 Class: 5 CTL-ID# 305 S. 16th St.,City of Omaha.
Description:35 units low/moderate income housing and commercial space.
Schcode: 28-0001 28-2076
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1996 I 168,000 I 122,000 I 2.5873 I 4,346.66 I 3,156.511
11997 I 168,000 I 1,907,000 I 2.4032 I 4,037.38 I 45,829.021
1998 I 168,000 1,907,000 I 2.17132 3,647.82 41,407.07
1999 168,000 1,907,000 1.90625 3,202.50 36,352.19
2000 168,000 2,000,000 1.88197 3,161.71 37,639.40
2001 168,000 2,000,000 2.01321 3,382.19 40,264.20
2002 168,000 2,000,000 2.08626 3,504.92 41,725.201
2003 168,000 2,000,000 2.16055 3,629.72 43,211.00
2004 168,000 2,000,000 2.14791 3,608.49 42,958.20
2005 1,685,200 2,000,000 2.09798 35,355.16 41,959.60
2006 168,000 2,107,000 2.07512 3,486.20 43,722.78
12007 I 168,000 I 2,107,000 I 2.05403 I 3,450.77 I 43,278.411
2008 I 168,000 I 2,107,000 I 2.05498 3,452.37 I 43,298.431
2009 168,000 2,107,000 2.13427 3,585.57 44,969.07
12010 I 168,000 I 2,107,000 I 2.17816 I 3,659.31 I 45,893.83I
Current Year Base Value Excess Value Total I 85,510.77 595,664.911
Residential 0 0
Commercial 168,000 2,107,000
Industrial 0 0
Other 0 1 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 77 1997 OMAHA Name of Project:Riverfront-Hannons/Embassy Suites Hotel
School: OMAHA 1 Class: 5 CTL-ID# 10th&Jackson Sts.,City of Omaha.
Description:Public improvements and site prep for downtown hotel.
Schcode: 28-0001 28-2077
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1997 1,685,200 28,287,800 2.4032 40,498.73 679,812.41
1998 1,685,200 23,775,000 2.17132 36,591.08 516,231.33
1999 1,685,200 23,673,000 1.90625 32,124.13 451,266.56
2000 1,685,200 27,599,900 1.88197 31,714.96 519,421.84
2001 1,685,200 27,599,900 2.01321 33,926.61 555,643.95
2002 1,685,200 27,509,500 2.08626 35,157.65 573,919.69
2003 1,685,200 26,509,500 2.16055 36,409.59 572,751.00
2004 1,685,200 26,509,500 2.14791 36,196.58 569,400.20
2005 1,685,200 26,509,500 2.09798 35,355.16 556,164.01
2006 1,685,200 26,509,500 2.07512 34,969.92 550,103.94
2007 1,685,200 26,509,500 2.05403 34,614.51 544,513.08
2008 1,685,200 26,509,500 2.05498 34,630.52 544,764.92
2009 1,685,200 28,426,685 2.13427 35,966.72 606,702.21
2010 1,685,200 28,426,700 2.17816 36,706.35 619,179.01
Total 494,862.51 7,859,874.15
Current Year Base Value Excess Value
Residential 0 0
Commercial 1,685,200 28,426,700
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 78 1996 OMAHA Name of Project: 26th Street,Ltd.
School: OMAHA 1 Class: 5 CTL-ID# Caldwell&26th St., City of Omaha.
Description:19 units low/moderate income housing.
Schcode: 28-0001 28-2078
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1996 I 1,200 I 0 I 2.5873 I 31.05 I 0.00I
1997 I 1,200 I 285,800 I 2.4032 I 28.84 I 6,868.351
1998 I 1,200 541,000 I 2.17132 I 26.06 I 11,746.841
1999 1,200 541,000 1.90625 22.88 10,312.81
2000 1,200 550,000 1.88197 22.58 10,350.84
2001 1,200 632,000 2.01321 24.16 12,723.49
2002 1,200 I 632,500 I 2.08626 I 25.04 13,195.59
2003 1,200 621,000 2.16055 25.93 13,417.02
2004 1,200 621,000 2.14791 25.77 13,338.52
2005 1,200 1,092,000 2.09798 25.18 22,909.94
2006 I 1,200 I 1,092,000 I 2.07512 I 24.90 I 22,660.311
2007 I 1,200 I 427,800 I 2.05403 I 24.65 I 8,787.141
2008 1,200 402,800 2.05498 24.66 8,277.4
2009 I 1,200 I 402,800 I 2.13427 I 25.61 I 8,596.841
2010 I 1,200 I 353,950 I 2.17816 I 26.14 I 7,709.601
Current Year Base Value Excess Value Total I 383.45 I 170,894.75
Residential 0 0
Commercial 1,200 353,950
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 79 1997 OMAHA Name of Project:Premier/SRS,LLC
School: OMAHA 1 Class: 5 CTL-ID# Approximately 41 lots bounded by 36th&Springer Streets,city of Omaha
Description:41 units single familly housing.
Schcode: 28-0001 28-2079
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1998 17,800 237,500 2.17132 I 386.49 5,156.89
1999 17,800 1,007,200 1.90625 I 339.31 I 19,199.75
2000 17,800 1,836,200 1.88197 334.99 I 34,556.73
2001 17,800 2,587,100 2.01321 358.35 52,083.76
2002 17,800 3,677,000 2.08626 371.351 76,711.78
2003 17,800 3,826,400 2.16055 384.581 82,671.29
2004 17,800 3,833,400 2.14791 382.33 I 82,337.98
2005 17,800 3,846,400 2.09798 373.44 I 80,696.70
2006 17,800 3,846,400 2.07512 369.37 79,817.42
2007 17,800 3,846,400 2.05403 365.62 79,006.21
2008 17,800 3,846,400 2.05498 365.791 79,042.73
2009 17,800 4,489,100 2.13427 379.90 I 95,809.51
2010 17,800 4,489,100 2.17816 387.71 I 97,779.78
Total 4,799.23 i 864,870.53
Current Year Base Value Excess Value
Residential 17800 4,489,100
Commercial 0 0 •
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
2010 1,685,200 28,426,700 2.17816 36,706.35 619,179.01
Total 494,862.51 7,859,874.15
Current Year Base Value Excess Value
Residential 0 0
Commercial 1,685,200 28,426,700
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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, Tax Increment Financing (TIF) Report 2010 Page 69
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 80 1997 OMAHA Name of Project: Ames Fontenelle,LLC
4500 Ames Ave.,City of Omaha.
School: OMAHA 1 Class: 5 CTL-ID# Description:Laundry facility renovation.
Schcode: 28-0001 28-2080
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1997 I 37,600 I 17,900 I 2.4032 I 903.60 I 430.17I
11998 I 37,600 I 170,300 I 2.17132 I 816.42 I 3,697.761
1999 37,600 I 170,300 1.90625 I 716.75 3,246.34
2000 37,600 208,400 1.88197 707.62 3,922.03
2001 37,600 208,400 2.01321 756.97 4,195.53
2002 37,600 208,400 2.08626 784.43 4,347.77
12003 37,600 208,400 I 2.16055 812.37 4,502.59
2004 37,600 208,400 2.14791 807.61 4,476.24
2005 37,600 208,400 2.09798 788.84 4,372.19
2006 37,600 208,400 2.07512 780.25 4,324.55 I
2007 I 37,600 I 208,400 I 2.05403 I 772.32 I 4,280.601
2008 37,600 317,900 2.05498 772.67 6,532.78
12009 I 37,600 I 317,900 I 2.13427 I 802.49 I 6,784.841
2010 I 37,600 I 317,900 I 2.17816 I 818.99 I 6,924.371
1 Current Year Base Value Excess Value Total 11,041.33 I 62,037.76
Residential 0 0
Commercial 37,600 317,900
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 81 1997 OMAHA Name of Project:Historic Restoration,Inc.(Marriott)
School: OMAHA 1 Class: 5 CTL-ID# 1006 Douglas&113 South 10th Streets,City of Omaha
Description:Site prep and renovations for downtown hotel.
Schcode: 28-0001 28-2081
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1998 905,000 0 2.17132 19,650.45 0.00
1999 905,000 0 1.90625 17,251.56 0.00
2000 905,000 9,132,700 1.88197 17,031.83 171,874.67
2001 905,000 9,132,700 2.01321 18,219.55 183,860.43
2002 905,000 11,295,000 2.08626 18,880.65 235,643.07
2003 905,000 11,295,000 2.16055 19,552.98 244,034.12
2004 905,000 11,295,000 2.14791 19,438.59 242,606.43
2005 905,000 11,295,000 2.09798 18,986.72 236,966.84
2006 905,000 11,774,000 2.07512 18,779.84 244,324.63
2007 905,000 11,774,000 2.05403 18,588.97 241,841.49
2008 905,000 11,774,000 2.05498 18,597.57 241,953.35
2009 905,000 13,236,900 2.13427 19,315.14 282,511.19
2010 905,000 13,236,900 2.17816 19,712.35 288,320.86
Total 244,006.20 2,613,937.08
Current Year Base Value Excess Value
Residential 0 0
Commercial 905,000 13,236,900
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
2.17816 36,706.35 619,179.01
Total 494,862.51 7,859,874.15
Current Year Base Value Excess Value
Residential 0 0
Commercial 1,685,200 28,426,700
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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Tax Increment Financing (TIF)Report 2010 Page 70
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 82 1997 OMAHA Name of Project:Bull Durham
1013 Leavenworth,City of Omaha
School: OMAHA 1 Class: 5 CTL-ID#
Description:48 units low/moderate income housing and commercial space.
Schcode: 28-0001 28-2082
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1998 I 145,000 I 2,269,500 I 2.17132 I 3,148.41 1 49,278.111
1999 I 145,000 I 2,393,500 I 1.90625 I 2,764.06 I 45,626.09I
2000 145,000 2,500,000 1.88197 2,728.86 I 47,049.251
2001 145,000 2,500,000 2.01321 2,919.15 50,330.25
2002 145,000 2,500,000 2.08626 3,025.08 52,156.50
2003 145,000 2,500,000 2.16055 3,132.80 54,013.75
2004 145,000 2,500,000 2.14791 3,114.47 53,697.75
2005 145,000 2,500,000 2.09798 3,042.07 52,449.50
2006 145,000 2,592,300 2.07512 3,008.92 53,793.34
2007 145,000 2,592,300 2.05403 2,978.34 53,246.62
12008 I 145,000 I 2,592,300 I 2.05498 I 2,979.72 I 53,271.25I
2009 I 145,000 I 2,592,300 I 2.13427 I 3,094.69 I 55,326.68I
2010 145,000 2,592,300 2.17816 3,158.33 56,464.44
Current Year Base Value Excess Value Total 39,094.90 676,703.53I
Residential 0 0
Commercial 145,000 2,592,300
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 83 1997 OMAHA Name of Project:Grace Plaza/Twentieth Place Apts.
School: OMAHA 1 Class: 5 CTL-ID# Bounded by Grace Street on North,Clark Street on South,16th Street on
East and 20th on West
Schcode: 28-0001 28-2083 Description:Public improvements and site prep for 18 units low/moderate
income housing.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1998 32,000 0 2.17132 694.82 0.00
1999 32,000 295,500 1.90625 610.00 5,632.97
2000 32,000 364,900 1.88197 602.23 6,867.31
2001 32,000 626,000 2.01321 644.23 12,602.69
2002 32,000 626,000 2.08626 667.60 13,059.99
2003 32,000 626,000 2.16055 691.38 13,525.04
2004 32,000 626,000 2.14791 687.33 13,445.92
2005 32,000 949,200 2.09798 671.35 19,914.03
2006 32,000 949,200 2.07512 664.04 19,697.40
2007 32,000 949,200 2.05403 657.29 19,496.85
2008 32,000 427,500 2.05498 657.59 8,785.04
2009 32,000 427,500 2.13427 682.97 9,124.00
2010 32,000 383,550 2.17816 697.01 8,354.33
Total 8,627.84 150,505.57
Current Year Base Value Excess Value
Residential 0 0
Commercial 32,000 383,550
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
nt Division Annual TIF Report 2010 February 11,2011
2.17816 36,706.35 619,179.01
Total 494,862.51 7,859,874.15
Current Year Base Value Excess Value
Residential 0 0
Commercial 1,685,200 28,426,700
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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Tax Increment Financing (TIF)Report 2010 Page 71
• COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 84 1997 OMAHA Name of Project:Riverview Meadows,LTD
5th&Bancroft Streets
School: OMAHA 1 Class: 5 CTL-ID#
Description:Public improvements and site prep for 16 units single family
Schcode: 28-0001 28-2084 housing(single family dwellings for moderate income&handicapped).
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1998 I 32,000 I 17,400 I 2.17132 I 694.82 1 377.811
11999 I 33,000 I 90,700 I 1.90625 I 629.06 I 1,728.971
2000 33,000 401,000 1.88197 621.05I 7,546.701
2001 32,100 426,600 2.01321 646.24 8,588.35
2002 32,100 426,600 2.08626 669.69 8,899.99
2003 32,000 426,600 2.16055 693.54 9,216.91
2004 I 32,000 I 426,600 I 2.14791 I 687.33 9,162.981
2005 32,000 463,400 2.09798 671.35 9,722.04
2006 32,000 463,400 2.07512 664.04 9,616.11
2007 32,000 463,400 2.05403 657.29 9,518.38
2008 I 32,000 I 463,400 I 2.05498 I 657.59 I 9,522.771
12009 I 32,000 I 518,300 I 2.13427 I 682.97 I 11,061.92I
12010 I. 32,000 I 518,300 I 2.17816 I 697.01 I 11,289.40I
1 Current Year Base Value Excess Value Total I 8,671.98 I 106,252.33 1
Residential 32000 518,300
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 85 1997 OMAHA Name of Project:Campus For Hope Apartments,LLC
SchoolLot 1,Campus For Hope Subdivision
: OMAHA 1 Class: 5 CTL-ID#
Description:Public improvements and site prep for residential alcohol and
Schcode: 28-0001 28-2085 drug rehab faciltiy. 1
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1998 I 3,200 I 0 I 2.17132 69.48 I 0.001
1999 3,200 716,800 1.90625 61.00 13,664.00
2000 3,200 879,500 1.88197 60.22 16,551.93
2001 3,200 879,500 2.01321 I 64.42 I 17,706.18
2002 3,200 879,500 2.08626 66.76 18,348.66
2003 3,200 879,500 2.16055 69.14 19,002.04
2004 3,200 879,500 2.14791 68.73 18,890.87
2005 3,200 880,200 2.09798 67.14 18,466.42
2006 3,200 880,200 2.07512 66.40 18,265.21
2007 3,200 880,200 2.05403 65.73 18,079.57
2008 3,200 415,000 2.05498 65.76 8,528.17
2009 3,200 415,000 2.13427 68.30 8,857.22
2010 3,200 316,500 2.17816 69.70 6,893.88
Total 862.78 183,254.15
Current Year Base Value Excess Value
Residential 0 0
Commercial 3,200 316,500
Industrial 0 0
Other 0 0
11 2011
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February ,
17816 36,706.35 619,179.01
Total 494,862.51 7,859,874.15
Current Year Base Value Excess Value
Residential 0 0
Commercial 1,685,200 28,426,700
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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expenditures from
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COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 86 1997 OMAHA Name of Project:American Labs,Inc
School: OMAHA 1 Class: 5 CTL-ID# 5036 South 33rd Street(4.84 acres)
Description:Industrial facility renovation.
Schcode: 28-0001 28-2086
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1998 I 87,100 I 740,400 I 2.17132 I 1,891.22 I 16,076.451
I I 28,061.911
2000 87,100 I 1,805,900 1.88197I 1,639.20 33,986.501
2001 87,100 1,852,000 2.01321 1,753.51 37,284.65
2002 87,100 1,852,000 2.08626 1,817.13 38,637.54
2003 87,100 1,852,000 2.16055 1,881.84 40,013.39
12004 87,100 1,948,955 2.14791 I 1,870.83 41,861.80
2005 87,100 1,860,500 2.09798 1,827.34 39,032.92
2006 87,100 1,860,500 2.07512 1,807.43 38,607.61
2007 87,100 1,860,500 2.05403 1,789.06 38,215.23
12008 I 87,100 I 1,860,500 I 2.05498 I 1,789.89 38,232.901
2009 87,100 2,029,600 2.13427 1,858.95 43,317.14
12010 I 87,100 I 2,029,600 I 2.17816 I 1,897.18 I 44,207.94I
Current Year Base Value Excess Value Total I 23,483.92 I 477,535.981
Residential 0 0
Commercial 0 0
Industrial 87,100 2,029,600
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 87 1997 OMAHA Name of Project:Ak-sar-ben Business&Education Campus I(First Data,
School: OMAHA 1 Class: 5 CTL-ID# Corp)
68th&Pacific
Schcode: 28-0001 28-2087 Description:Public improvements and site prep for business and education
technology center.(base changed due to parcel being transferred to exempt
entity,UNO)
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1998 I 3,682,000 I 13,280,525 I 2.17132 I 79,948.00 I 288,362.70I
11999 I 3,682,000 I 40,936,005 I 1.90625 I 70,188.13 I 780,342.60I
2000 I 3,682,000 I 58,872,970 I 1.88197 I 69,294.14 I 1,107,971.63I
12001 I 3,682,000 I 54,844,955 I 2.01321 I 74,126.39 I 1,104,144.12
2002 3,682,000 71,285,675 2.08626 76,816.09 1,487,204.52
2003 I 2,792,000 I 84,586,995 I 2.16055 I 60,322.56 I 1,827,544.32I
2004 I 2,792,000 I 67,165,875 I 2.14791 I 59,969.65 I 1,442,662.55I
2005 I 2,792,000 I 84,702,280 I 2.09798 I 58,575.60 I 1,777,036.89I
2006 I 2,792,000 I 78,439,640 I 2.07512 57,937.35 I 1,627,716.741
2007 2,792,000 66,594,450 2.05403 57,348.52 1,367,869.98
12008 I 2,792,000 I 63,066,250 I 2.05498 I 57,375.04 I 1,295,998.90I
12009 I 2,792,000 I 99,828,160 I 2.13427 I 59,588.82 I 2,130,602.47I
12010 I 2,792,000 I 97,043,530 I 2.17816 I 60,814.23 I 2,113,763.35I
I
Current Year Base Value Excess Value Total 842,304.52 I 18,351,220.77I
Residential 0 0
Commercial 2,792,000 53,835,500
Industrial 0 0
Other 0 43,208,030
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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expenditures from
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Tax Increment Financing (TIF) Report 2010 Page 73
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 89 1998 OMAHA Name of Project:Spaghetti Building Development,LLC
1105 Howard Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:48 units market rate housing and retail space.
Schcode: 28-0001 28-2089
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
11998 I 457,000 I 0 I 2.17132 I 9,922.93 I 0.001
11999 I 457,000 I 488,000 I 1.90625 I 8,711.56 I 9,302.501
2000 I 457,000 2,856,800 I 1.88197 I 8,600.60 53,764.121
2001 457,000 2,856,800 2.01321 9,200.37 57,513.38
2002 457,000 2,856,800 2.08626 9,534.21 59,600.28
2003 457,000 2,856,800 2.16055 9,873.71 61,722.59
2004 457,000 2,898,000 2.14791 9,815.95 62,246.43
2005 457,000 2,898,000 2.09798 9,587.77 60,799.46
2006 457,000 5,021,100 2.07512 9,483.30 104,193.85
2007 457,000 5,021,100 2.05403 9,386.92 103,134.90
12008 I 457,000 I 5,021,100 I 2.05498 I 9,391.26 I 103,182.601
12009 I 457,000 I 5,021,100 I 2.13427 I 9,753.61 I 107,163.831
2010 I 457,000 I 6,421,500 I 2.17816 I 9,954.19 I 139,870.541
1 Current Year Base Value Excess Value Total ( 123,216.38 I 922,494.48
Residential 0 0
Commercial 457,000 6,421,500
Industrial 0 0
Other 0 , 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 90 1998 OMAHA Name of Project:Quality Refrigerated Services,Inc
330School: OMAHA 1 Class: 5 CTL-ID# "G'Street
Description:Food processing facility renovation.
Schcode: 28-0001 28-2090
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1998 I 490,800 I 0 I 2.17132 10,656.84 0.00
1999 490,800 1,291,600 1.90625 9,355.88 24,621.13
2000 490,800 1,623,700 1.88197 9,236.71 30,557.55I
2001 490,8001 1,623,700 2.01321 9,880.83 32,688.49
2002 490,800 2,428,300 2.08626 10,239.36 50,660.65
2003 490,800 2,730,700 2.16055 10,603.98 58,998.14
2004 490,800 2,891,775 2.14791 10,541.94 62,112.72
2005 490,800 2,169,500 2.09798 10,296.89 45,515.68
2006 478,100 1,989,500 2.07512 9,921.15 41,284.51
2007 478,100 1,989,500 2.05403 9,820.32 40,864.93
2008 478,100 1,989,500 2.05498 9,824.86 40,883.83
2009 478,100 1,989,500 2.13427 10,203.94 42,461.30
2010 478,100 1,989,500 2.17816 10,413.78 43,334.49
Total 130,996.48 513,983.42
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 0
Industrial 478,100 1,989,500
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
I
Current Year Base Value Excess Value Total 842,304.52 I 18,351,220.77I
Residential 0 0
Commercial 2,792,000 53,835,500
Industrial 0 0
Other 0 43,208,030
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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Tax Increment Financing (TIF)Report 2010 Page 74
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 91 1998 OMAHA Name of Project:Riley Building,LLC
School: OMAHA 1 Class: 5 CTL-ID# 1014 Douglas Street
Description: 18 units housing and office space.
Schcode: 28-0001 28-2091
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1998 I 403,400 I 125,600 I 2.17132 I 8,759.10 I 2,727.181
11999 I 403,400 I 125,600 1 1.90625 I 7,689.81 I 2,394.25
2000 403,400 162,600 1.88197 I 7,591.87 3,060.081
2001 403,400 162,600 2.01321 8,121.29 3,273.48
2002 403,400 936,000 2.08626 8,415.97 19,527.39
2003 403,400 936,000 2.16055 8,715.66 20,222.75
2004 I 403,400 936,000 2.14791 8,664.67 20,104.44
2005 403,400 936,000 2.09798 8,463.25 19,637.09
2006 402,400 1,381,000 2.07512 8,350.28 28,657.41
2007 403,400 1,381,000 2.05403 8,285.96 28,366.15
2008 I 403,400 I 1,381,000 I 2.05498 I 8,289.79 I 28,379.25I
12009 I 403,400 I 1,381,000 I 2.13427 I 8,609.65 I 29,474.271
12010 I 403,400 I 1,381,000 I 2.17816 I 8,786.70 I 30,080.39I
1
Current Year Base Value Excess Value Total I 108,744.00 I 235,904.13
Residential 243400 833,400
Commercial 160,000 547,600
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 92 1998 OMAHA Name of Project:Cannonball Express#3
706 Crown Point Ave
School: OMAHA 1 Class: 5 CTL-ID#
Description:Public improvements and site prep for industrial warehouse.
Schcode: 28-0001 28-2092
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
11998 89,400 0 2.17132 1,941.16 0.00
1999 89,400 2,058,600 1.90625 1,704.19 39,242.06
2000 89,400 2,200,000 1.88197 1,682.48 41,403.34
2001 89,400 I 2,200,000 2.01321 1,799.81 44,290.62
2002 89,400 I 2,200,000 2.08626 1,865.12 45,897.72
2003 89,400 I 2,200,000 2.16055 1,931.53 47,532.10
2004 89,400 I 2,200,000 2.14791 1,920.23 47,254.02
2005 89,400 I 2,200,000 2.09798 1,875.59 46,155.56
2006 89,400 2,220,000 2.07512 1,855.16 46,067.66
2007 89,400 2,200,000 2.05403 1,836.30 45,188.66
2008 89,400 I 2,200,000 2.05498 1,837.15 45,209.56
2009 89,400 I 2,468,300 2.13427 1,908.04 52,680.19
2010 89,400 I 2,468,300 2.17816 1,947.28 53,763.52
Total 24,104.04 554,685.01
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 0
Industrial 89,400 2,468,300
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
I
Current Year Base Value Excess Value Total 842,304.52 I 18,351,220.77I
Residential 0 0
Commercial 2,792,000 53,835,500
Industrial 0 0
Other 0 43,208,030
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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Tax Increment Financing (TIF) Report 2010 Page 75
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 93 1998 OMAHA Name of Project:Village Development-Lake Street,LLC
School: OMAHA 1 Class: 5 CTL-ID# Southwest corner of 30th&Lake Streets
Description:Public improvements and site prep for retail facility.
Schcode: 28-0001 28-2093
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1998 I 75,300 I 0 I 2.17132 I 1,635.00 I 0.00I
11999 I 75,300 I 138,000 I 1.90625 I 1,435.41 I 2,630.631
2000 75,300 746,800 I 1.88197 1,417.12 14,054.551
2001 75,300 746,800 2.01321 1,515.95 15,034.65
2002 75,300 1,648,700 2.08626 1,570.95 34,396.17
2003 75,300 1,648,700 2.16055 1,626.89 35,620.99
2004 I 75,300 1,648,700 2.14791 1,617.38 35,412.591
2005 75,300 1,648,700 2.09798 1,579.78 34,589.40
2006 75,300 1,894,700 2.07512 1,562.57 39,317.30
2007 75,300 1,894,700 2.05403 1,546.68 38,917.71
12008 I 75,300 I 1,894,700 I 2.05498 I 1,547.40 I 38,935.711
2009 I 75,300 I 1,894,700 I 2.13427 I 1,607.11 I 40,438.011
12010 I 75,300 I 1,894,700 I 2.17816 I 1,640.15 I 41,269.601
1 Current Year Base Value Excess Value Total I 20,302.39 I 370,617.31
Residential 0 0
Commercial 75,300 1,894,700
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 94 1998 OMAHA Name of Project:Immaculate Conception School Apartments
School: OMAHA 1 Class: 5 CTL-ID# 2716 South 24th Street
Description:19 units low/moderate income housing.
Schcode: 28-0001 28-2094
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1998 141,800 I 0 2.17132 3,078.93 0.00I
1999 141,800 608,200 1.90625 2,703.06 11,593.81
2000 141,800 758,300 1.88197 2,668.63 14,270.98]
2001 141,800 866,000 2.01321 2,854.73 17,434.40
2002 141,800 866,000 2.08626 2,958.32 18,067.01
2003 141,800 866,000 2.16055 3,063.66 18,710.36
2004 141,800 866,000 2.14791 3,045.74 18,600.90
2005 141,800 866,000 2.09798 2,974.94 18,168.51
2006 141,800 866,000 2.07512 2,942.52 17,970.54
2007 141,800 351,200 2.05403 2,912.61 7,213.75
2008 141,800 351,200 2.05498 2,913.96 7,217.09
2009 141,800 351,200 2.13427 3,026.39 7,495.56
2010 141,800 415,490 2.17816 3,088.63 9,050.04
Total 38,232.12 165,792.95
Current Year Base Value Excess Value
Residential 0 0
Commercial 141,800 415,490
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
t 2010 February 11,2011
I
Current Year Base Value Excess Value Total 842,304.52 I 18,351,220.77I
Residential 0 0
Commercial 2,792,000 53,835,500
Industrial 0 0
Other 0 43,208,030
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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Tax Increment Financing (TIF) Report 2010 Page 76
1 COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 95 1998 OMAHA Name of Project:Robbins School Apartments,LTD
School: OMAHA 1 Class: 5 CTL-ID# 4302 South 39th Ave
Description:21 units low/moderate income housing.(base changed in 2003
Schcode: 28-0001 28-2095 due to previous system error)
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1998 I 65,500 I 0 I 2.17132 I 1,422.21 I 0.00I
11999 I 65,500 I 898,000 I 1.90625 I 1,248.59 I 17,118.131
2000 I 65,500 1,109,600 1.88197 I 1,232.69 20,882.34I
2001 65,500 1,157,000 2.01321 1,318.65 23,292.84
2002 65,500 1,209,000 2.08626 1,366.50 25,222.88
2003 110,700 1,163,800 2.16055 2,391.73 25,144.48
2004 I 65,500 1,209,000 2.14791 1,406.88 25,968.231
2005 65,500 1,207,500 2.09798 1,374.18 25,333.11
2006 65,500 1,207,500 2.07512 1,359.20 25,057.07 1
2007 65,500 459,500 2.05403 1,345.39 9,438.27
12008 I 65,500 I 459,500 I 2.05498 I 1,346.01 I 9,442.631
12009 I 65,500 I 459,500 I 2.13427 I 1,397.95 I 9,806.971
12010 I 65,500 I 481,440 I 2.17816 I 1,426.69 I 10,486.531
Current Year Base Value Excess Value Total I 18,636.67 I 227,193.481
Residential 0 0
Commercial 65,500 481,440
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 96 1998 OMAHA Name of Project:L&R Holdings
1112 North 13th Street.
School: OMAHA 1 Class: 5 CTL-ID#
Description:Industrial facility renovation.
Schcode: 28-0001 28-2096
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1998 117,400 0 2.17132 2,549.13 0.00
1999 117,400 489,500 1.90625 2,237.94 9,331.09
2000 117,400 I 532,000 1.88197 2,209.43 10,012.08
2001 117,40J 532,000 2.01321 I 2,363.51 I 10,710.2_1A
2002 I 117,400 I 532,000 I 2.08626 2,449.27 I 11,098.90I
2003 117,400 532,000 2.16055 2,536.49 11,494.13
2004 117,400 I 532,000 2.14791 I 2,521.65 I 11,426.881
2005 117,400 532,000 2.09798 I 2,463.03 I 11,161.251
2006 117,400 I 532,000 2.07512 I 2,436.19 I 11,039.64I
2007 117,400 532,000 2.05403 2,411.43 10,927.44
2008 I 117,400 I 532,000 I 2.05498 I 2,412.55 I 10,932.49I
2009 I 117,400 I 349,800 2.13427 I 2,505.63 I 7,465.681
2010 I 117,400 I 349,800 2.17816 I 2,557.16 7,619.201
Total 31,653.41 123,219.06
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 0
Industrial 117,400 349,800
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Base Value Excess Value Total 842,304.52 I 18,351,220.77I
Residential 0 0
Commercial 2,792,000 53,835,500
Industrial 0 0
Other 0 43,208,030
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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, Tax Increment Financing (TIF) Report 2010 Page 77
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 98 1998 OMAHA Name of Project:Bemis Company
School: OMAHA 1 Class: 5 CTL-ID# 2445&2455 Deer Park Blvd&3513 S.25th St.
Description:Industrial facility expansion
Schcode: 28-0001 28-2098
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1999 I 3,273,200 I 960,800 I 1.90625 I 62,395.38 I 18,315.25I
2000 I 3,273,200 I 1,314,300 I 1.88197 I 61,600.64 I 24,734.73I
2001 3,273,200 1,314,300 2.01321 65,896.39 26,459.621
2002 3,273,200 1,314,300 2.08626 68,287.46 27,419.72
2003 3,273,200 1,314,300 2.16055 70,719.12 28,396.11
2004 3,273,200 1,543,675 2.14791 70,305.39 33,156.75
2005 I 3,273,200 1,751,700 2.09798 I 68,671.08 36,750.32
2006 3,273,200 1,751,700 2.07512 67,922.83 36,349.88
2007 3,273,200 1,751,700 2.05403 67,232.51 35,980.44
2008 3,273,200 1,751,700 2.05498 67,263.61 35,997.08
2009 I 3,273,200 I 1,751,700 I 2.13427 I 69,858.93 I 37,386.011
2010 I 3,273,200 I 1,751,700 I 2.17816 I 71,295.53 I 38,154.831
Current Year Base Value Excess Value Total 811,448.87 I 379,100.74I
Residential 0 0
Commercial 0 0
Industrial 3,273,200 1,751,700
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 99 1998 OMAHA Name of Project:Joslyn Lofts,Ltd. Partnership
School: OMAHA 1 Class: 5 CTL-ID# 621 South 15th Street
Description:Conversion of old building into 29-units market rate housing.
Schcode: 28-0001 28-2099
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1999 148,500 0 1.90625 2,830.78 0.00
2000 148,500 1,705,800 1.88197 2,794.73 32,102.64
2001 148,500 1,705,800 2.01321 2,989.62 34,341.34
2002 148,500 1,705,800 2.08626 3,098.10 35,587.42
2003 I 148,500 1,705,800 2.16055 I 3,208.42 I 36,854.66I
2004 I 148,500 I 1,705,800 I 2.14791 I 3,189.65 36,639.051
2005 148,500 1,705,800 2.09798 3,115.50 35,787.34
2006 I 148,500 I 2,232,000 2.07512 I 3,081.55 I 46,316.681
2007 I 148,500 2,232,000 2.05403 I 3,050.23 I 45,845.951
2008 I 148,500 2,232,000 2.05498 I 3,051.65 I 45,867.151
2009 148,500 2,279,000 2.13427 3,169.39 48,640.01
2010 I 148,500 2,877,600 I 2.17816 I 3,234.57 I 62,678.731
Current Year Base Value Excess Value Total I 36,814.19 I 460,660.97
Residential 0 0
Commercial 0 0
Industrial 148,500 2,877,600
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Base Value Excess Value Total 842,304.52 I 18,351,220.77I
Residential 0 0
Commercial 2,792,000 53,835,500
Industrial 0 0
Other 0 43,208,030
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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expenditures from
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Tax Increment Financing (TIF) Report 2010 Page 78
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 101 1998 OMAHA Name of Project:St.Joseph Terrace Apts.LLC
School: OMAHA 1 Class: 5 CTL-ID# Southeast corner of 10th&Dorcas Streets
Description:Assisted Living Facility
Schcode: 28-0001 28-2101
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1999 I 590,000 I 0 I 1.90625 I 11,246.88 I 0.00I
12000 I 590,000 I 0 1.88197 I 11,103.62 I 0.00I
12001 I 590,000 I 4,410,000 2.01321 11,877.94 88,782.56
2002 590,000 4,410,000 2.08626 12,308.93 92,004.07
2003 590,000 6,790,500 2.16055 12,747.25 146,712.15
2004 590,000 6,790,500 2.14791 12,672.67 145,853.83
2005 590,000 6,790,500 2.09798 12,378.08 142,463.331
2006 590,000 7,206,000 2.07512 12,243.21 149,533.15
2007 590,000 7,206,000 2.05403 12,118.78 148,013.40
2008 590,000 7,206,000 2.05498 12,124.38 148,081.86
2009 590,000 7,206,000 2.13427 12,592.19 153,795.50
12010 I 590,000 I 7,206,000 I 2.17816 I 12,851.14 I 156,958.21
Current Year Base Value Excess Value Total 146,265.07 I 1,372,198.06I
Residential 0 0
Commercial 590,000 7,206,000
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 102 1998 OMAHA Name of Project: 1st Natl Data Center Jayhawk(Downtown NE-1st Natl Bank)
School: OMAHA 1 Class: 5 CTL-ID# Bounded by I-480-N,Douglas-S,14th-E, 17th-W
Description:Public improvements and parking for data processing facility.
Schcode: 28-0001 28-2102
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1999 984,400 0 1.90625 18,765.13 0.00
2000 I 984,400 0 I 1.88197 I 18,526.11 0.00I
2001 984,400 22,899,300 2.01321 19,818.04 461,011.00
2002 I 984,400_1 22,899,300 2.08626 20,537.14 I 477,738.941
12003 I 984,40(2jI 22,899,300 J 2.16055 I 21,268.45 I 494,750.83i
2004 I 984,400 I 20,925,200 I 2.14791 I 21,144.03 I 449,454.461
2005 I 984,400 I 20,925,200 2.09798 I 20,652.52 I 439,006.511
2006 984,400 20,925,200 2.07512 20,427.48 434,223.01
12007 I 984,400 I 20,925,200 I 2.05403 I 20,219.87 I 429,809.89I
12008 I 984,400 I 20,925,200 2.05498 I 20,229.22 I 430,008.67I
2009 984,400 20,925,200 2.13427 21,009.75 446,600.27
12010 I 984,400 I 20,925,200 I 2.17816 I 21,441.81 I 455,784.341
Current Year Base Value Excess Value Total I 244,039.55 I 4,518,387.92
Residential 0 0
Commercial 984,400 20,925,200
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
al 842,304.52 I 18,351,220.77I
Residential 0 0
Commercial 2,792,000 53,835,500
Industrial 0 0
Other 0 43,208,030
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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Tax Increment Financing (TIF) Report 2010 Page 79
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 103 1998 OMAHA Name of Project:South Omaha Affordable Housing,Crown II
School: OMAHA 1 Class: 5 CTL-ID# 12 scattered sites within area of 25th to 27th,"Z"to Polk
Description:Construction of 12 single familiy homes in South Omaha
Schcode: 28-0001 28-2103 1
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1999 I 31,300 I 0 I 1.90625 I 596.66 I 0.00I
2000 I 31,300 I 0 I 1.88197 I 589.06 I 0.00I
2001 543,200 0 2.01321 I 10,935.76 0.00
2002 31,300 516,400 2.08626 653.00 10,773.45
2003 31,300 516,400 2.16055 676.25 11,157.08
2004 31,300 558,500 2.14791 672.30 11,996.08
2005 984,400 658,100 2.097981 20,652.521 13,806.811
2006 31,300 658,100 2.07512 649.51 13,656.36
2007 31,300 658,100 2.05403 642.91 13,517.57
2008 31,300 658,100 2.05498 643.21 13,523.81
2009 I 31,300 I 710,200 I 2.13427 I 668.03 I 15,157.591
12010 I 31,300 I 703,200 I 2.17816 I 681.76 I 15,316.82I
Current Year Base Value Excess Value Total I 38,060.97 118,905.57I
Residential 31300 703,200
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 104 1999 OMAHA Name of Project:707 South 11th Street,Ltd Partn
707 SSchool: OMAHA 1 Class: 5 CTL-ID# Descrri St.
Deipttion:ion:Renovation of the Butternut West Building that will provide 84
Schcode: 28-0001 28-2104 units for moderate income housing&commercial space.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1999 272,500 0 1.90625 5,194.53 0.00
2000 272,500 I 0 1.88197 5,128.37 0.00I
2001 272,500 0 2.01321 5,486.00 0.00
2002 272,500 84,100 2.08626 5,685.06 1,754.54
2003 272,500 5,945,000 2.16055 5,887.50 128,444.70
2004 272,500 5,945,000 2.14791 5,853.05 127,693.25
2005 272,500 5,945,000 2.09798 5,717.00 124,724.91
2006 272,500 6,717,000 2.07512 5,654.70 139,385.81
2007 272,500 6,717,000 2.05403 5,597.23 137,969.20
2008 272,500 6,717,000 2.05498 5,599.82 138,033.01
2009 272,500 6,717,000 2.13427 5,815.89 143,358.92
2010 272,500 8,466,980 2.17816 5,935.49 184,424.37
Current Year Base Value Excess Value Total 67,554.64 1,125,788.71
Residential 0 0
Commercial 272,500 8,466,980
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ndustrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
al 842,304.52 I 18,351,220.77I
Residential 0 0
Commercial 2,792,000 53,835,500
Industrial 0 0
Other 0 43,208,030
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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Tax Increment Financing (TIF) Report 2010 Page 80
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 106 1999 OMAHA Name of Project:1023 Jones Street,Ltd Partn
School: OMAHA 1 Class: 5 CTL-ID# 1023 Jones Street
Description:Renovation of the Ford East Building that will provide 176 units
Schcode: 28-0001 28-2106 for moderate income housing and commercial space.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1999 I 644,900 I 0 I 1.90625 I 12,293.41 I 0.00I
2000 I 644,900 I 0 I 1.88197 I 12,136.82 I 0.00I
2001 I 644,900 I 11,029,100 I 2.01321 I 12,983.19 222,038.94
2002 644,900 11,029,100 2.08626 13,454.29 230,095.70
2003 644,900 11,029,100 2.16055 13,933.39 238,289.22
2004 644,900 11,029,100 2.14791 13,851.87 236,895.14
2005 644,900 11,401,000 2.09798 13,529.87 I 239,190.701
2006 644,900 11,650,000 2.07512 13,382.45 241,751.48
2007 644,900 12,134,000 2.05403 13,246.44 249,236.00
2008 644,900 12,134,000 2.05498 13,252.57 249,351.27
2009 I 644,900 I 12,134,000 I 2.13427 I 13,763.91 I 258,972.321
12010 I 644,900 I 18,233,300 I 2.17816 I 14,046.95 I 397,150.451
Current Year Base Value Excess Value Total 159,875.16 I 2,562,971.221
Residential 0 0
Commercial 644,900 18,233,300
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 107 1999 OMAHA Name of Project:E.A.Pedersen Company
3900 Dahlman Avenue
School: OMAHA 1 Class: 5 CTL-ID#
Note:Base was incorrectly reported previously
Schcode: 28-0001 28-2107 Project Description:TIF funds used for manufacturing plant expension.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2000 758,300 0 1.88197 14,270.98 0.00
2001 I 244,200 411,900 2.01321 4,916.26 8,292.41
2002 758,300 411,900 2.08626 15,820.11 8,593.30
2003 758,300 411,900 2.16055 L 16,383.45 8,899.311
2004 758,300 470,410 2.14791 16,287.60 10,103.98
2005 758,300 470,500 2.09798 15,908.98 9,871.00
2006 758,300 470,500 2.07512 15,735.63 9,763.44
2007 758,300 470,500 2.05403 15,575.71 9,664.21
2008 758,300 470,500 2.05498 15,582.91 9,668.68
2009 758,300 969,200 2.13427 16,184.17 20,685.34
2010 758,300 969,200 2.17816 16,516.99 21,110.73
Total 163,182.79 116,652.40
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 0
Industrial 758,300 969,200
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
al 842,304.52 I 18,351,220.77I
Residential 0 0
Commercial 2,792,000 53,835,500
Industrial 0 0
Other 0 43,208,030
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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•
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expenditures from
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Tax Increment Financing (TIF) Report 2010 Page 81
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 108 1999 OMAHA Name of Project:1234 South 13th Street,LLC.
School: OMAHA 1 Class: 5 CTL-ID# 1234 South 13th Street.
Project Description:Funds used to rehabilitate the historic Bay View Building
Schcode: 28-0001 28-2108 and create 6 storefront commercial bays and 12 three-bedroom apartments
suitable for large families with low to moderate incomes.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2000 61,700 246,300 1.88197 1,161.18 4,635.29
2001 61,700 246,300 2.01321 1,242.15 4,958.54
2002 61,700 277,000 2.08626 1,287.22 5,778.94
2003 61,700 277,000 2.16055 1,333.06 5,984.72
2004 61,700 280,100 2.14791 1,325.26 6,016.30
2005 61,700 452,000 2.09798 1,294.45 9,482.87
2006 61,700 452,000 2.07512 1,280.35 9,379.54
2007 61,700 452,000 2.05403 1,267.34 9,284.22
2008 61,700 452,000 2.05498 1,267.92 9,288.51
2009 61,700 452,000 2.13427 1,316.84 9,646.90
2010 61,700 716,900 2.17816 1,343.92 15,615.23
Current Year Base Value Excess Value Total 14,119.69 90,071.06
Residential 0 0
Commercial 61,700 716,900
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 109 1999 OMAHA Name of Project:Benson Park Plaza(Ames Center Redevelopment)
School: OMAHA 1 Class: 5 CTL-ID# 72nd Street&Ames Avenue at Military
Project Description:TIF funds used for public improvements for the
Schcode: 28-0001 28-2109 development of a shopping center that will encompass about 40 acres.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2000 2,289,300 0 1.88197 43,083.94 0.00
2001 2,289,300 5,777,600 2.01321 46,088.42 116,315.22
2002 2,550,200 14,150,200 2.08626 53,203.80 295,209.96
2003 2,550,200 21,367,300 2.16055 55,098.35 461,651.20
2004 2,550,200 21,367,300 2.14791 54,776.00 458,950.37
2005 2,550,200 19,018,500 2.09798 53,502.69 399,004.33
2006 2,247,700 17,186,100 2.07512 46,642.47 356,632.20
2007 2,247,700 17,186,100 2.05403 46,168.43 353,007.65
2008 2,247,700 17,484,700 2.05498 46,189.79 359,307.08
2009 2,247,700 17,947,200 2.13427 47,971.99 383,041.71
2010 2,247,700 17,947,200 2.17816 48,958.50 390,918.73
Current Year Base Value Excess Value Total ' 541,684.38 3,574,038.45
Residential 0 0
Commercial 2,247,700 17,947,200 I
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
eport 2010 February 11,2011
al 842,304.52 I 18,351,220.77I
Residential 0 0
Commercial 2,792,000 53,835,500
Industrial 0 0
Other 0 43,208,030
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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t, COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 110 1999 OMAHA Name of Project:Airlite Plastics Company
Lindberg Drive&Storz Expressway
School: OMAHA 1 Class: 5 CTL-ID#
Note:Base changed due to parcel of land moved to another project.
Schcode: 28-0001 28-2110 Project Description:Funds used for the construction of a 330,000 sq.ft.
manufacturing and office complex.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2000 537,700 0 1.88197 10,119.35 0.00
2001 537,700 8,000,000 2.01321 10,825.03 161,056.80
2002 502,600 14,035,100 2.08626 10,485.54 292,808.68
2003 406,500 15,517,300 2.16055 8,782.64 335,259.03
2004 406,500 16,313,490 2.14791 8,731.25 350,399.08
2005 406,500 20,813,600 2.09798 8,528.29 436,665.17
2006 406,500 21,681,100 2.07512 8,435.36 449,908.84
2007 406,500 21,681,100 2.05403 8,349.63 445,336.30
2008 406,500 21,681,100 2.05498 8,353.49 445,542.27
2009 406,500 21,681,100 2.13427 8,675.81 462,733.21
2010 406,500 22,331,100 2.17816 8,854.22 486,407.09
Current Year Base Value Excess Value Total 100,140.61 3,866,116.47
Residential 0 0
Commercial 0 0
Industrial 406,500 22,331,100
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 111 2000 OMAHA Name of Project:Hilton Garden Inn Hotel
School : OMAHA 1 Class: 5 CTL-ID# Bounded on the South by the east/west alley between 10th&11th Streets,
Dodge Street on the North, 10th Street on the East,and 11th Street on the
Schcode: 28-0001 28-2111 West.
Project Description:Funds used for the development of an eight-story, 179-
unit hotel which will contain approximately 6,500 sq.ft.of leased restaurant
space and a four story, 182-stall parking garage.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2000 308,800 0 I 1.88197 5,811.52 0.00
l 2001 308,800 390,900 2.01321 6,216.79 7,869.64
2002 308,800 12,691,200 2.08626 6,442.37 264,771.43
2003 308,800 12,959,100 2.16055 6,671.78 279,987.84
2004 308,800 12,959,100 2.14791 6,632.75 278,349.80
2005 308,800 12,959,100 2.09798 6,478.56 271,879.33
2006 308,800 12,959,100 2.07512 6,407.97 268,916.88
2007 308,800 12,959,100 2.05403 6,342.84 266,183.80
2008 308,800 12,959,100 2.05498 6,345.78 266,306.91
2009 308,800 13,632,500 2.13427 6,590.63 290,954.36
2010 308,800 13,632,500 2.17816 6,726.16 296,937.66
Total 70,667.15 2,492,157.65
Current Year Base Value Excess Value
Residential 0 0
Commercial 308,800 13,632,500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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`•
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 112 2000 OMAHA Name of Project:Roman Marble Products,Inc
5606 Lindbergh Drive
School: OMAHA 1 Class: 5 CTL-ID#
Project Description:TIF funds used for acquisition,public improvements and
Schcode: 28-0001 28-2112 site preparation for industrial development.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2000 I 348,300 I 0 I 1.88197 I 6,554.90 I 0.00I
2001 I 390,800 I 322,200 I 2.01321 I 7,867.62 I 6,486.561
2002 390,800 I 322,200 I 2.08626 I 8,153.10 I 6,721.931
2003 390,800 322,200 2.16055 8,443.43 6,961.29
2004 390,800 322,200 2.14791 8,394.03 6,920.57
2005 390,800 322,200 2.09798 8,198.91 6,759.69
12006 I 390,800 322,200 I 2.07512 8,109.57 6,686.041
2007 390,800 322,200 2.05403 8,027.15 6,618.08
2008 390,800 322,200 2.05498 8,030.86 6,621.15
2009 390,800 423,100 2.13427 8,340.73 9,030.10
2010 390,800 423,100 2.17816 8,512.25 9,215.79
1 Current Year Base Value Excess Value Total I 88,632.55 I 72,021.20
Residential 0 0
Commercial 390,800 423,100
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 113 2000 OMAHA Name of Project:Abbot Drive Plaza
School: OMAHA 1 Class: 5 CTL-ID# Northwest of Avenue"H"and Abbott Drive
Project Description:Funds used for acquisition,public improvements and site
Schcode: 28-0001 28-2113 preparation for 3.9 acre commercial development.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2000 126,500 0 1.88197 2,380.69 0.00
2001 126,500 0 2.01321 2,546.71 0.00
12002 126,500 96,900 2.08626 2,639.12 2,021.51
2003 126,500 96,900 2.16055 2,733.10 2,093.57
2004 126,500 602,560 2.14791 2,717.11 12,942.45I
2005_I 126,500 602,600 2.09798 2,653.94 12,642.43]
2006 126,500 602,600 2.07512 2,625.03 12,504.67
2007 I 126,500 1,006,800 2.05403 2,598.35 20,679.97
2008 I 126,500 1,006,800 2.05498 2,599.55 20,689.54
2009 I 126,500 4,895,300 2.13427 2,699.85 104,478.92
2010 I 126,500 4,357,100 2.17816 2,755.37 94,904.61
Current Year Base Value Excess Value Total 28,948.82 282,957.75
Residential 0 0
Commercial 93,000 4,355,400
Industrial 33,500 1,700
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
08,800 13,632,500 2.13427 6,590.63 290,954.36
2010 308,800 13,632,500 2.17816 6,726.16 296,937.66
Total 70,667.15 2,492,157.65
Current Year Base Value Excess Value
Residential 0 0
Commercial 308,800 13,632,500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 114 2000 OMAHA Name of Project:NCDC Meredith Manor
School: OMAHA 1 Class: 5 CTL-ID# Bounded by Ames&Meredith Avenues,between 33rd&34th Street.
Project Description:Funds used for the development of approximately 24
Schcode: 28-0001 28-2114 units of elderly-assisted housing.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2000 I 47,400 I , 0 I 1.881971 892.051 0.00I
12001 I 47,400 I 375,000 I 2.01321 I 954.26 I 7,549.541
2002 47,400 I 737,200 2.08626 I 988.89 I 15,379.91
2003 47,400 737,200 2.16055 1,024.10 15,927.57
2004 47,400 737,200 2.14791 1,018.11 15,834.39
2005 47,400 737,200 2.09798 994.44 15,466.31
2006 47,400 737,200 2.07512 983.61 15,297.78
2007 47,400 737,200 2.05403 973.61 15,142.31
2008 47,400 515,800 2.05498 974.06 10,599.59
2009 47,400 515,800 2.13427 1,011.64 11,008.56
12010 I 47,400 I 394,400 I 2.17816 I 1,032.45 I 8,590.661
Current Year Base Value Excess Value Total I 10,847.22 130,796.62
Residential 0 0
Commercial 47,400 394,400
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 115 2000 OMAHA Name of Project: 1613 Famam St.,LLC
1613 Farnam Street
School: OMAHA 1 Class: 5 CTL-ID#
Project Description:Funds used for the conversion of historic office building
Schcode: 28-0001 28-2115 to create 30 residential apartments and the renovation of the street level
commercial space.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2000 364,500 0 1.88197 6,859.78 0.00
2001 364,500 330,600 2.01321 7,338.15 6,655.67
2002 364,500 1,352,300 2.08626 7,604.42 28,212.49
2003 364,500 1,352,300 2.16055 7,875.20 29,217.12
2004 364,500 2,392,000 2.14791 7,829.13 51,378.01
2005 364,500 2,248,500 2.09798 7,647.14 47,173.08
2006 364,500 2,567,500 2.07512 7,563.81 53,278.71
2007 364,500 2,567,500 2.05403 7,486.94 52,737.22
2008 364,500 2,567,500 2.05498 7,490.40 52,761.61
2009 364,500 2,567,500 2.13427 7,779.41 54,797.38
2010 364,500 2,567,500 2.17816 7,939.39 55,924.26
Current Year Base Value Excess Value Total 83,413.77 I 432,135.55
Residential 0 0
Commercial 364,500 2,567,500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ry 11,2011
08,800 13,632,500 2.13427 6,590.63 290,954.36
2010 308,800 13,632,500 2.17816 6,726.16 296,937.66
Total 70,667.15 2,492,157.65
Current Year Base Value Excess Value
Residential 0 0
Commercial 308,800 13,632,500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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Tax Increment Financing (TIF) Report 2010 Page 85
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 118 2000 OMAHA Name of Project:Cox/Suburban Electric
185
School: OMAHA 1 Class: 5 CTL-ID# De c Ida Street
Description:TIF funds used for acquisition,public improvements and site
Schcode: 28-0001 28-2118 preparation for industrial development.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2001 1 95,400 I 0 I 2.01321 I 1,920.60 I 0.001
2002 I 95,400 I 510,900 I 2.08626 I 1,990.29 I 10,658.70I
2003 I 95,400 510,900 I 2.16055 I 2,061.16 11,038.25
2004 95,400 510,900 2.14791 2,049.11 10,973.67
2005 95,400 510,900 2.09798 2,001.47 10,718.58
2006 95,400 510,900 2.07512 1,979.66 10,601.79
2007 I 95,400 I 510,600 2.05403 I 1,959.54 10,487.881
2008 95,400 510,600 2.05498 1,960.45 10,492.73
2009 95,400 430,500 2.13427 2,036.09 9,188.03
2010 95,400 430,500 2.17816 2,077.96 9,376.98
1
Current Year Base Value Excess Value Total I 20,036.33 93,536.61
Residential 0 0
Commercial 95,400 430,500
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 120 2000 OMAHA Name of Project:T&B Properties,LLC
4115 Lake Street
School: OMAHA 1 Class: 5 CTL-ID# Description:TIF funds used for public improvements,site preparation for
Schcode: 28-0001 28-2120 industrial facility.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2001 I 36,100 I 0 2.01321 I 726.77 I 0.00
2002 36,100 2,500 2.08626 753.14 52.16
2003 36,100 380,100 2.16055 779.96 8,212.25
2004 I 36,100 I 380,100 I 2.14791 I 775.40 I 8,164.211
2005 36,100 380,100 2.09798 757.37 7,974.42
2006 36,100 380,100 2.07512 749.12 7,887.53
2007 I_ 36,100] 383,800 I 2.05403 I 741.50 I 7,883.371
2008 I 36,100 I 383,800 I 2.05498 I 741.85 I 7,887.011
2009 36,100 476,100 2.13427 770.47 10,161.26
2010 I 36,100 I 476,100 I 2.17816 I 786.32 I 10,370.22I
Current Year Base Value Excess Value Total 7,581.90 I 68,592.431,
Residential 0 0
Commercial 36,100 476,100
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
1
500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ry 11,2011
08,800 13,632,500 2.13427 6,590.63 290,954.36
2010 308,800 13,632,500 2.17816 6,726.16 296,937.66
Total 70,667.15 2,492,157.65
Current Year Base Value Excess Value
Residential 0 0
Commercial 308,800 13,632,500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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Tax Increment Financing (TIF) Report 2010 Page 86
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 122 2000 OMAHA Name of Project:1st National Child Development Center
14th&Chicago Streets
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for public improvements,site preparation for
Schcode: 28-0001 28-2122 commercial facility.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2001 I 344,100 I 851,400 I 2.01321 I 6,927.46 I 17,140.471
12002 I 344,100 I 3,139,800 I 2.08626 I 7,178.82 I 65,504.391
2003 344,100 3,139,800 I 2.16055 7,434.45 67,836.95
2004 344,100 3,139,800 2.14791 7,390.96 67,440.08
2005 344,100 3,139,800 2.09798 7,219.15 65,872.38
2006 344,100 3,139,800 2.07512 7,140.49 65,154.62
12007 344,100 3,139,800 2.05403 I 7,067.92 64,492.43
2008 344,100 3,117,900 2.05498 7,071.19 64,072.22
2009 344,100 3,334,600 2.13427 7,344.02 71,169.37
2010 344,100 3,334,600 2.17816 7,495.05 72,632.92
Current Year Base Value Excess Value Total I 72,269.51 I 621,315.831
Residential 0 0
Commercial 344,100 3,334,600
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 123 2001 OMAHA Name of Project:Gallup University Riverfront Development
School: OMAHA 1 Class: 5 CTL-ID# In the area of 6th&Cuming Streets
Note:Base changed to 0 retroactively due to the sale to the City of Omaha.
Schcode: 28-0001 28-2123 Description:TIF funds used for public improvements,site preparation for
commercial facility.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2001 0 0 2.01321 I 0.00 0.00
2002 0 2,932,600 2.08626I 0.00 61,181.66
2003 0 21,442,640 2.16055 0.00 463,278.96
2004 0 52,001,100 2.14791 0.00 1,116,936.83
2005 0 50,849,800 2.09798I 0.00 1,066,818.63
2006 0 50,848,100 2.07512I 0.00 1,055,159.09
2007 0 53,997,500 2.05403 I 0.00 1,109,124.85
2008 0 54,822,900 2.05498 I 0.00 1,126,599.63
2009 0 54,822,900 2.13427 0.00 1,170,068.71
2010 0 54,822,900 2.17816 0.00 1,194,130.48
ICurrent Year Base Value Excess Value Total 0.00 8,363,298.84
Residential 0 0
Commercial 0 54,822,900
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
L
13,632,500 2.13427 6,590.63 290,954.36
2010 308,800 13,632,500 2.17816 6,726.16 296,937.66
Total 70,667.15 2,492,157.65
Current Year Base Value Excess Value
Residential 0 0
Commercial 308,800 13,632,500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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Tax Increment Financing(TIF) Report 2010 Page 87
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 124 2001 OMAHA Name of Project:James Warren DBA Big Jim's
School: OMAHA 1 Class: 5 CTL-ID# 3024 Ames Avenue
Description:TIF funds used for site preparation for commercial development.
Schcode: 28-0001 28-2124
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12001 I 34,600 I 70,900 I 2.01321 I 696.57 I 1,427.371
12002 I 34,600 I 210,700 I 2.08626 I 721.85 I 4,395.751
2003 I 34,600 I 210,700 I 2.16055 I 747.55 4,552.28
2004 34,600 210,700 2.14791 743.18 4,525.65
2005 34,600 210,700 2.09798 725.90 4,420.44
2006 34,600 210,700 2.07512 717.99 4,372.28
F2007 34,600 210,700 2.05403 710.69 4,327.841
2008 34,600 210,700 2.05498 711.02 4,329.84
2009 34,600 693,400 2.13427 738.46 14,799.03
2010 34,600 693,400 2.17816 753.64 15,103.36
Current Year Base Value Excess Value Total I 7,266.85 I 62,253.841
Residential 0 0
Commercial 34,600 693,400
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIE REDEVELOPMENT 126 1999 OMAHA Name of Project: 1st National Office Tower
School: OMAHA 1 Class: 5 CTL-ID# Bounded by Dodge Street on the north;Douglas on south; 16th on east;and,
17th on west
Schcode: 28-0001 28-2126 Description:TIF funds used for public improvements,site preparation and
demolition for office tower.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2001 4,127,700 26,405,200 2.01321 83,099.27 531,592.13
2002 4,127,700 83,769,000 2.08626 86,114.55 1,747,639.14
2003 4,127,700 120,673,000 2.16055 89,181.02 2,607,200.50
2004 4,127,700 120,673,000 2.14791 88,659.28 2,591,947.43
2005 4,127,700 120,673,000 2.09798 86,598.32 2,531,695.41
2006 4,127,700 120,673,000 2.07512 85,654.73 2,504,109.56
2007 4,127,700 145,952,600 2.05403 84,784.20 2,997,910.19
2008 4,127,700 126,243,700 2.05498 84,823.41 2,594,282.79
2009 4,127,700 126,243,700 2.13427 88,096.26 2,694,381.42
2010 4,127,700 126,243,700 2.17816 89,907.91 2,749,789.78
Total 866,918.95 23,550,548.35
Current Year Base Value Excess Value
Residential 0 0
Commercial 4,127,700 126,243,700
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
11,2011
L
13,632,500 2.13427 6,590.63 290,954.36
2010 308,800 13,632,500 2.17816 6,726.16 296,937.66
Total 70,667.15 2,492,157.65
Current Year Base Value Excess Value
Residential 0 0
Commercial 308,800 13,632,500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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Tax Increment Financing (TIF) Report 2010 Page 88
•
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 127 1998 OMAHA Name of Project:Capitol Avenue/World Herald
School: OMAHA 1 Class: 5 CTL-ID# Bounded by Chicago on the north;Capitol on the south; 12th on the east;
and, 14th on the west
Schcode: 28-0001 28-2127 Note:Base was in error previously
Description:TIF funds used for public improvements and parking for
newspaper printing faciltiy,warehouse.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2001 4,967,700 0 2.01321 100,010.23 0.00
2002 1,857,000 33,643,000 2.08626 38,741.85 701,880.45
I 003 1,857,000 33,643,000 2.16055 40,121.41 I 726,873.84
2004 1,857,000 33,643,000 2.14791 39,886.69 I 722,621.36
2005 1,857,000 33,643,000 2.09798 38,959.49I 705,823.41
2006 1,857,000 33,643,000 2.07512 38,534.98I 698,132.62
2007 1,857,000 33,643,000 2.05403 38,143.34 691,037.31
2008 1,857,000 33,643,000 2.05498 38,160.98 691,356.93
2009 1,857,000 33,643,000 2.13427 39,633.39 I 718,032.46
2010 1,857,000 33,643,000 2.17816 40,448.43I 732,798.37
Current Year Base Value Excess Value Total 452,640.79 6,388,556.75
Residential 0 0
•
Commercial 373,000 6,899,400 1
Industrial 1,484,000 26,743,600
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 128 2001 OMAHA Name of Project:Channel)Construction Company
13th Street and Ellison Avenue
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds approved for public improvements for industrial
Schcode: 28-0001 28-2128 developments.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2001 0 0 2.01321 0.00I 0.00
2002 0 0 2.08626 0.00I 0.00
2003 49,100 928,600 2.16055 1,060.83I 20,062.87
2004 49,100 977,485 2.14791 1,054.62 20,995.50
2005 49,100 977,500 2.09798 1,030.11 20,507.75
2006 49,100 977,500 2.07512 1,018.88 20,284.30
2007 49,100 855,000 2.05403 1,008.53 17,561.96
2008 49,100 855,000 2.05498 1,009.00 17,570.08
2009 49,100 855,000 2.13427 1,047.93 18,248.01
2010 49,100 871,100 2.17816 1,069.48 18,973.95
Current Year Base Value Excess Value Total 8,299.38 154,204.42
Residential 0 0
Commercial 0 0
Industrial 49,100 871,100
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
6,726.16 296,937.66
Total 70,667.15 2,492,157.65
Current Year Base Value Excess Value
Residential 0 0
Commercial 308,800 13,632,500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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Tax Increment Financing (TIF) Report 2010 Page 89
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 129 2001 OMAHA Name of Project:Cohen Squared,LLC
1123 Howard Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds approved for warehouse conversion to 10 units
Schcode: 28-0001 28-2129 housing.No base value provided yet.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
L 2001 1 0 I 0 I 2.01321 I 0.00 I 0.00I
2002 I 217,600 I 1,028,300 I 2.08626 I 4,539.70 I 21,453.01
2003 I 217,600 2,201,900 2.160551 4,701.36 47,573.151
2004 217,600 1,498,000 2.14791 4,673.85 32,175.69
2005 217,600 1,498,000 2.09798 4,565.20 31,427.74
2006 217,600 1,687,000 2.07512 4,515.46 35,007.27
2007 217,600 1,687,000 2.05403 4,469.57 34,651.49
2008 217,200 1,687,000 2.05498 4,463.42 34,667.51
2009 217,200 1,687,000 2.13427 4,635.63 36,005.13
2010 217,200 1,886,700 2.17816 4,730.96 41,095.34
Current Year Base Value Excess Value Total I 41,295.15 I 314,056.33
Residential 0 0
Commercial 217,200 1,886,700
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 130 2001 OMAHA Name of Project:Fullwood Square Apartments
20th&Lake Streets
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds approved for the conversion of school building to 10
Schcode: 28-0001 28-2130 apartments and the construction of 12 townhouses.No base value provided
yet.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2001 0 0 2.01321 0.00 0.00
2002 100,900 300 2.08626 2,105.04 6.26
2003 100,900 400,900 2.16055 2,179.99 8,661.64
2004 100,900 1,281,800 2.14791 2,167.24 27,531.91
2005 100,900 578,000 2.09798 2,116.86 12,126.32
2006 100,900 578,000 2.07512 2,093.80 11,994.19
2007 100,900 578,000 2.05403 2,072.52 11,872.29
2008 100,900 533,100 2.05498 2,073.47 10,955.10
2009 100,900 533,100 2.13427 2,153.481 11,377.79
2010 100,900 473,980 2.17816 2,197.761 10,324.04
Current Year Base Value Excess Value Total 19,160.16 I 104,849.54
Residential 0 0
Commercial 100,900 473,980
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 8,299.38 154,204.42
Residential 0 0
Commercial 0 0
Industrial 49,100 871,100
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
6,726.16 296,937.66
Total 70,667.15 2,492,157.65
Current Year Base Value Excess Value
Residential 0 0
Commercial 308,800 13,632,500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
-4-
Tax Increment Financing (TIF) Report 2010 Page so
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 131 2001 OMAHA Name of Project:O'Keefe Elevator Company
1402 Jones Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds approved for historical restoration of the building
Schcode: 28-0001 28-2131 facade and public improvements including sidewalks to this historical
warehouse for office space and parts storage.No base value provided yet.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2001 0 0 2.01321 0.00 0.001
2002 292,000 100,100 2.08626 6,091.88 2,088.351
2003 292,000 2,370,000 2.16055 6,308.81 51,205.041
2004 292,000 2,370,000 2.14791 6,271.90 50,905.47
2005 292,000 2,370,000 2.09798 6,126.10 49,722.13
2006 292,000 2,370,000 2.07512 6,059.35 49,180.34
2007 292,000 2,370,000 2.05403 5,997.77 48,680.51
2008 292,000 2,370,000 2.05498 6,000.54 48,703.03
2009 292,000 2,054,000 2.13427 6,232.07 43,837.91
2010 292,000 2,054,000 2.17816 6,360.23 44,739.41
Current Year Base Value Excess Value Total 55,448.65 389,062.19
Residential 0 0
Commercial 0 0
Industrial 292,000 2,054,000
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 132 2001 OMAHA Name of Project:ConAgra Campus Amended
School: OMAHA 1 Class: 5 CTL-ID# Part of area:6th to 10th,Jones to Famam
Description:New parking structure and office building.
Schcode: 28-0001 28-2132
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2002 17,328,400 8,003,000 2.08626 361,515.48 166,963.39
2003 17,328,400 8,598,200 2.16055 374,388.75 185,768.41
2004 17,328,400 8,003,000 2.14791 372,198.44 171,897.24
2005 17,328,400 8,003,000 2.09798 363,546.37 167,901.34
2006 17,328,400 8,003,000 2.07512 359,585.09 166,071.85
2007 17,328,400 8,003,000 2.05403 355,930.53 164,384.02
2008 17,328,400 6,982,900 2.05498 356,095.15 143,497.20
2009 17,328,400 6,982,900 2.13427 369,834.84 149,033.94
2010 17,328,400 6,982,900 2.17816 377,440.28 152,098.73
Current Year Base Value Excess Value Total 3,290,534.93 1,467,616.12
Residential 0 0
Commercial 17,328,400 6,982,900 1
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Residential 0 0
Commercial 0 0
Industrial 49,100 871,100
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
6,726.16 296,937.66
Total 70,667.15 2,492,157.65
Current Year Base Value Excess Value
Residential 0 0
Commercial 308,800 13,632,500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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•
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expenditures from
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Tax Increment Financing (TIF) Report 2010 Page 91
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 133 2001 OMAHA Name of Project:Village Dev.Ames
Fonrenelle Blvd and Ames Avenue
School: OMAHA 1 Class: 5 CTL-ID#
Description:Public improvements/commercial development
Schcode: 28-0001 28-2133
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2002 I 229,000 I 18,500 I 2.08626 I 4,777.54 I 385.961
1 2003
229,000 1 2,181,200
4,947.66
47,125.921
2004 I I 2.16055 I 229,000 2,181,200 2.14791 4,918.71 I 46,850.211
2005 229,000 2,181,200 2.09798 4,804.37 45,761.14
2006 229,000 1,849,000 2.07512 4,752.02 38,368.97
2007 229,000 1,849,000 2.05403 4,703.73 37,979.01
2008 229,000 1,849,000 I 2.05498 I 4,705.90 I 37,996.581
2009 229,000 1,849,000 2.13427 4,887.48 39,462.65
2010 229,000 1,849,000 2.17816 4,987.99 40,274.18
Current Year Base Value Excess Value Total 43,485.40 334,204.62
Residential 0 0
Commercial 229,000 1,849,000
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 134 2001 OMAHA Name of Project:Village Dev 24th Street LLC
24th&Vinton Streets
School: OMAHA 1 Class: 5 CTL-ID#
Description:Public improvements commercial development.
Schcode: 28-0001 28-2134
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12002 I 307,900 I 33,800 I 2.08626 I 6,423.59 I 705.16I
2003 I 307,900 I 2,124,800 2.16055 6,652.33 I 45,907.37
2004 307,900 2,124,800 2.14791 6,613.41 45,638.79
2005 307,900 2,124,800 2.09798 6,459.68 44,577.88
2006 307,900 2,078,100 I 2.07512 6,389.291 43,123.07
2007 307,900 2,078,100 2.05403 6,324.36 42,684.80
12008 307,900 2,078,100 2.05498 6,327.28 42,704.54
12009 I 307,900 I 2,078,100 I 2.13427 I 6,571.42 I 44,352.26I
2010 I 307,900 I 2,078,100 I 2.17816 I 6,706.55 I 45,264.34I
1 Current Year Base Value Excess Value Total I 58,467.91 I 354,958.21
Residential 0 0
Commercial 307,900 2,078,100
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
trial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Residential 0 0
Commercial 0 0
Industrial 49,100 871,100
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
6,726.16 296,937.66
Total 70,667.15 2,492,157.65
Current Year Base Value Excess Value
Residential 0 0
Commercial 308,800 13,632,500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
-4-
Tax Increment Financing (TIF)Report 2010 Page 92
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 135 2001 OMAHA Name of Project:Turner Park LLC
Turner Blvd&Dodge Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:Public improvements commercial development
Schcode: 28-0001 28-2135
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2002 I 481,400 I 0 I 2.08626 I 10,043.26 I 0.00I
2003 I 481,400 I 1,999,200 I 2.16055 I 10,400.89 I 43,193.721
2004 481,400 I 1,999,200 2.14791 I 10,340.04 42,941.02
2005 481,400 1,999,200 2.09798 10,099.68 41,942.82
2006 481,400 1,904,600 2.07512 9,989.63 39,522.74
2007 480,400 1,904,600 2.05403 9,867.56 39,121.06
2008 481,400 1,904,600 2.054981 9,892.67 39,139.151
2009 481,400 1,904,600 2.13427 10,274.38 40,649.31
2010 481,400 1,904,600 2.17816 10,485.66 41,485.24
Current Year Base Value Excess Value Total 91,393.77 327,995.06
Residential 0 0
Commercial 481,400 1,904,600
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 136 2001 OMAHA Name of Project:Bradford Investment Group
Military Avenue&Radial Hwy
School: OMAHA 1 Class: 5 CTL-ID#
Description:Demolition and site preparation for retail center.
Schcode: 28-0001 28-2136
IYearn Base Valu- -1 Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2002 I 147,000 I 0 I 2.08626 I 3,066.80 I 0.001
12003 I 147,000 I 84,400 I 2.16055 3,176.01 1,823.501
2004 147,000 84,400 2.14791 3,157.43 1,812.84
2005 147,000 84,400 2.09798 3,084.03 1,770.70
12006 147,000 I 84,400 2.07512 I 3,050.43 I 1,751.401
2007 147,000 I 84,400 2.05403 3,019.42 1,733.60
2008 147,000 L 84,400 2.05498 3,020.82 1,734.40
12009 I 147,000 I 84,400 I 2.13427 I 3,137.38 I 1,801.321
12010 I 147,000 I 84,400 I 2.17816 I 3,201.90 I 1,838.371
Current Year Base Value Excess Value Total I 27,914.22 I 14,266.131
Residential 0 0
Commercial 147,000 84,400
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
trial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Residential 0 0
Commercial 0 0
Industrial 49,100 871,100
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
6,726.16 296,937.66
Total 70,667.15 2,492,157.65
Current Year Base Value Excess Value
Residential 0 0
Commercial 308,800 13,632,500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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-4-
•
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expenditures from
-4-
, Tax Increment Financing (TIF) Report 2010 Page 93
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 137 2001 OMAHA Name of Project:Cintas Corporation
24th&Seward Streets
School: OMAHA 1 Class: 5 CTL-ID#
Property is owned by the City of Omaha,thus base is exempt.
Schcode: 28-0001 28-2137 Description:Public improvements/site preparation for industrial facility
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12002 I 0 I 0 I 2.08626 I 0.00 I 0.00I
262,100
55
0.00
2004 I 0 I 2,248,400 I 2.147791 I 0.00 I 48,293.6101
1 I I I I
2005 0 2,248,400 2.09798 0.00 47,170.98
2006 0 2,253,700 2.07512 0.00 46,766.98
2007 0 2,253,700 2.05403 0.00 46,291.67
2008 I 0 I 2,253,700 I 2.05498 I 0.00 I 46,313.08
2009 0 2,253,700 2.13427 0.00 48,100.04
2010 0 2,253,700 2.17816 0.00 49,089.19
Current Year Base Value Excess Value Total 0.00 337,688.35
Residential 0 0
Commercial 0 0 1
Industrial 0 2,253,700
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 138 2002 OMAHA Name of Project:710 South 20th Street LLC
710 School: OMAHA 1 Class: 5 CTL-ID# Note:An o Street
original
riginnaal parcel was removed from the base.Reason for change.
Schcode: 28-0001 28-2138 Description:Renovation of Drake Court Apartments
Year Base Value Excess Value I Tax Rate I TIF Base Tax TIF Excess Tax
12002 I 1,402,600 I 0 I 2.08626 I 29,261.88 I 0.00I
12003 I 1,402,600 4,032,800 2.16055 30,303.871 87,130.66
2004 1,270,300 7,182,900 2.14791 27,284.90 154,282.23
2005 1,270,300 8,341,800 2.09798 26,650.64 175,009.30
2006 I 1,270,300 I 8,341,800 I 2.07512 I 26,360.25 173,102.36
2007 1,270,300 8,341,800 2.05403 26,092.34 171,343.07
2008 I 1,270,300 I 8,794,200 I 2.05498 I 26,104.41 180,719.05I
2009 I 1,270,300 I 7,777,400 I 2.13427 I 27,111.63 I 165,990.71 I
12010 I 1,270,300 I 7,777,400 I 2.17816 I 27,669.17 I 169,404.22I
Current Year Base Value Excess Value Total ( 246,839.09 I 1,276,981.60I
Residential 0 0
Commercial 1,270,300 7,777,400
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ndustrial 49,100 871,100
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
6,726.16 296,937.66
Total 70,667.15 2,492,157.65
Current Year Base Value Excess Value
Residential 0 0
Commercial 308,800 13,632,500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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-4-
•
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expenditures from
-4-
Tax Increment Financing (TIF) Report 2010 Page 94
S. COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 139 2002 OMAHA Name of Project:Signa Dev Services
School: OMAHA 1 Class: 5 CTL•ID# 2002 Douglas Street
Description:Rehabilitation commercial development.
Schcode: 28-0001 28-2139
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2002 I 0 I 0 I 2.08626 I 0.00 I 0.00I
2003 I 844,100 I 0 I 2.16055 I 18,237.20 I 0.00I
12004 I 844,100 I 0 I 2.14791 18,130.51 0.00I
2005 844,100 0 2.09798 17,709.05 0.00
2006 844,100 0 2.07512 17,516.09 0.00
2007 844,100 305,900 2.05403 17,338.07 6,283.28
12008 844,100 I 299,800 2.05498 17,346.09 I 6,160.83
2009 844,100 299,800 2.13427 18,015.37 6,398.54
2010 844,100 926,000 2.17816 18,385.85 20,169.76
Current Year Base Value Excess Value Total 142,678.23 39,012.41
Residential 0 0 ,
Commercial 844,100 926,000
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 141 2002 OMAHA Name of Project:Kellom Villa LP
25th Avenue&Indiana Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:Public improvements,site preparation for low/moderate housing-
Schcode: 28-0001 28-2141 15 units
Yeail Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2002 I 28,500 I 200 I 2.08626 I 594.58 I 4.171
2003 28,500 I 347,200 2.16055 I 615.76 7,501.431
2004 28,500 347,200 2.14791 612.15 7,457.54
2005 28,500 1,145,200 2.09798 597.92 24,026.07
2006 28,500 I 1,209,000 I 2.07512 I 591.41 I 25,088.20
2007 28,500 472,500 2.05403 585.40 9,705.29
2008 28,500 442,500 2.05498 585.67 9,093.27
20102009 1 28,500
2,258.301
1 I 28,500 I 356,1002
I 2.17816 I 620.78 7,756.431
Current Year Base Value Excess Value Total 5,411.94 112,890.70
Residential 28500 356,100
Commercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
17816 I 27,669.17 I 169,404.22I
Current Year Base Value Excess Value Total ( 246,839.09 I 1,276,981.60I
Residential 0 0
Commercial 1,270,300 7,777,400
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ndustrial 49,100 871,100
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
6,726.16 296,937.66
Total 70,667.15 2,492,157.65
Current Year Base Value Excess Value
Residential 0 0
Commercial 308,800 13,632,500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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-4-
•
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expenditures from
-4-
Tax Increment Financing (TIF) Report 2010 Page 95
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 142 2002 OMAHA Name of Project:Kellom Gardens LP
26th&Caldwell Streets
School: OMAHA 1 Class: 5 CTL-ID#
Description:Public improvements,site preparation for elderly housing-20
Schcode: 28-0001 28-2142 units
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax 1
12002 I 300 I 1,200 I 2.08626 I 6.26 I 25.04I
2003 I 300 I 574,000 I 2.16055 I 6.48 I 12,401.56I
12004 I 300 574,000 2.14791 1 6.44 I 12,329.00
2005 300 574,000 2.09798 6.29 12,042.41
2006 300 630,000 2.07512 6.23 13,073.26
2007 300 403,700 2.05403 6.16 8,292.12
2008 300 403,700 2.05498 6.16 8,295.95
2009 300 403,700 2.13427 6.40 8,616.05
2010 300 334,400 2.17816 6.53 7,283.77
Current Year Base Value Excess Value Total 56.95 82,359.16
Residential 0 0
Commercial 300 334,400
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 143 2002 OMAHA Name of Project:Armored Knights,Inc.
233School: OMAHA 1 Class: 5 CTL-ID# Paul Street
Description:Public improvements,acquisition,demolition,site prep for
Schcode: 28-0001 28-2143 commercial development.
Year Base Value I Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12002 I 0 I 0 I 2.08626 I 0.00 I 0.00I
2003 I 0 0 I 2.16055I 0.00 0.00I
2004 29,600 314,500 2.14791 635.78 6,755.18
2005 29,600 314,500 2.09798 621.00 6,598.15
2006 I 29,600 318,000 2.075121 614.24 6,598.881
2007 29,600 318,000 2.05403 607.99 6,531.82
12008 29,600 318,000 2.05498 608.27 6,534.84
12009 29,600 330,800 I 2.13427 L 631.74 7,060.17
12010 I 29,600 I 330,800 I 2.17816 I 644.74 I 7,205.351
1
Current Year Base Value Excess Value Total I 4,363.76 I 47,284.39
Residential 0 0
Commercial 29,600 330,800
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Value Excess Value Total ( 246,839.09 I 1,276,981.60I
Residential 0 0
Commercial 1,270,300 7,777,400
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ndustrial 49,100 871,100
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
6,726.16 296,937.66
Total 70,667.15 2,492,157.65
Current Year Base Value Excess Value
Residential 0 0
Commercial 308,800 13,632,500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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-4-
•
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expenditures from
-4-
, • Tax Increment Financing (TIF) Report 2010 Page 96
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 144 2002 OMAHA Name of Project:Phillips Realty
Stockyards Business Park
School: OMAHA 1 Class: 5 CTL-ID#
Note:Base has not been established.Property is currently city owned.
Schcode: 28-0001 28-2144 Description:Public improvements,acqusition,site preparation for industrial
development.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2002 0 0 I 2.08626 0.00 0.00
2003 0 282,500 I 2.16055 0.00 6,103.55
2004 0 3,977,700 I 2.14791 0.00 85,437.42
2005 0 6,405,000 I 2.09798 0.00 134,375.62
2006 0 6,405,000 2.07512 0.00 132,911.44
2007 0 6,405,000 I 2.05403 0.00 131,560.62
2008 0 6,405,000 I 2.05498 0.00 131,621.47
2009 0 6,405,000 I 2.13427 0.00 136,699.99
2010 0 6,405,000 I 2.17816 0.00 139,511.15
Current Year Base Value Excess Value Total 0.00 898,221.26
Residential 0 0
Commercial 0 110,700
Industrial 0 6,294,300
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 145 2002 OMAHA Name of Project:Kings Heritage Estates I
Area of 52nd and Bauman Ave
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF used for public improvements for 14 units infill residential
Schcode: 28-0001 28-2145 development.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2003 43,900 368,100 2.16055 948.48 7,952.98
2004 43,900 1,206,400 2.14791 942.93 25,912.39
2005 43,900 925,500 2.09798 921.01 19,416.80
2006 47,900 1,183,200 2.07512 993.98 24,552.82
2007 47,900 1,186,200 2.05403 983.88 24,364.90
2008 47,900 1,186,200 2.05498 984.34 24,376.17
2009 47,900 1,260,000 2.13427 1,022.32 26,891.80
2010 47,900 1,212,500 2.17816 1,043.34 26,410.19
Current Year Base Value Excess Value Total 7,840.28 179,878.05
Residential 47900 1,212,500
Commercial 0 0
Industrial 0 0
Other 0 0
•
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
alue Total ( 246,839.09 I 1,276,981.60I
Residential 0 0
Commercial 1,270,300 7,777,400
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ndustrial 49,100 871,100
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
6,726.16 296,937.66
Total 70,667.15 2,492,157.65
Current Year Base Value Excess Value
Residential 0 0
Commercial 308,800 13,632,500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
-6-
-4-
•
-6-
expenditures from
-4-
•
Tax Increment Financing(TIF) Report 2010 Page 97
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 146 2003 OMAHA Name of Project: 1000 Dodge Street LLC
100School: OMAHA 1 Class: 5 CTL-ID# Dodge Street
Description:TIF used to rehabilitate 12 residential units.
Schcode: 28-0001 28-2146
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2003 I 525,000 I 0 I 2.16055 I 11,342.89 I 0.00I
2004 I 525,000 I 1,627,700 I 2.14791 I 11,276.53 I 34,961.531
12005 525,000 3,507,500 2.09798 11,014.40 73,586.65
2006 525,000 3,478,700 2.07512 10,894.38 72,187.20
2007 525,000 5,830,400 2.05403 10,783.66 119,758.17
2008 525,000 5,830,400 2.05498 10,788.64 119,813.55
2009 525,000 5,830,400 2.134271 11,204.92 124,436.481
2010 525,000 5,830,400 2.17816 11,435.34 126,995.44
Current Year Base Value Excess Value Total 88,740.76 671,739.02
Residential 357000 5,439,100
Commercial 168,000 391,300
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 147 2003 OMAHA Name of Project:Livestock Exchange Building,LLC
School: OMAHA 1 Class: 5 CTL-ID# 4920 South 30th Street
Description:TIF used for the rehabilitation/conversion of 102 residential units
Schcode: 28-0001 28-2147 and commercial space.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2003 I 0 I 0 I 2.16055 I 0.00 I 0.00I
12004 I 0 I 2,834,800 I 2.14791 0.00 I 60,888.95I
2005 0 11,209,900 I 2.09798 0.00 I 235,181.461
2006 0 11,275,000 2.07512 0.00 233,969.78
2007 0 11,372,000 2.05403 0.00 233,584.29
2008 0 11,372,000 2.05498 0.001 233,692.331
2009 0 11,372,000 2.13427 0.00 242,709.18
12010 0 11,372,000 2.17816 0.00 247,700.36
1 Current Year Base Value Excess Value Total 0.00 I 1,487,726.35
Residential 0 0
Commercial 0 11,372,000
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF.Report 2010 February 11,2011
uary 11,2011
alue Total ( 246,839.09 I 1,276,981.60I
Residential 0 0
Commercial 1,270,300 7,777,400
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ndustrial 49,100 871,100
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
6,726.16 296,937.66
Total 70,667.15 2,492,157.65
Current Year Base Value Excess Value
Residential 0 0
Commercial 308,800 13,632,500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ment Division Annual TIF Report 2010 February 11,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
-6-
-4-
•
-6-
expenditures from
-4-
Tax Increment Financing (TIF) Report 2010 Page 98
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 148 2003 OMAHA Name of Project:Miami Heights Development Co.,LLC
School : OMAHA 1 Class: 5 CTL-ID# Phase I Lake to Miami,31st to 33rd Streets
Description:TIF used for public improvements for 18 units infill residential
Schcode: 28-0001 28-2148 development.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2003 I 16,200 I 0 I 2.16055 I 350.01 I 0.00I
2004 I 16,200 I 86,100 I 2.14791 1 347.96 I 1,849.351
2005 I 18,500 1,100,200 2.09798 I 388.13 23,081.98I
2006 16,200 2,246,900 2.07512 336.17 46,625.87
2007 16,200 2,996,800 2.05403 332.75 61,555.17
2008 16,200 3,292,100 2.05498 332.91 67,652.00
2009 16,200 3,311,700 I 2.13427 345.75 70,680.621
2010 16,200 3,095,100 2.17816 352.86 67,416.23
Current Year Base Value Excess Value Total 2,786.54 338,861.22
Residential 16200 3,095,100
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 149 2003 OMAHA Name of Project:Greater Omaha Packing Approximately 31st and Edward
School: OMAHA 1 Class: 5 CTL-ID# Babe Gomez Ave Description:TIF funds used for site preparation for
industrial expansion.
Schcode: 28-0001 28-2149
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 109,800 I 10,202,800 I 2.05403 I 2,255.32 I 209,568.57 I
2008 109,800 I 10,202,800 I 2.05498 I 2,256.37 209,665.501
2009 109,800 10,202,800 2.13427 2,343.43 217,755.30I
2010 109,800 10,202,800 2.17816 2,391.62 222,233.31
Current Year Base Value Excess Value Total 9,246.74 859,222.68
Residential 0 0
Commercial 0 0
Industrial 109,800 10,202,800
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 150 2003 OMAHA Name of Project:Airlite Plastics
525 Kansas Avenue
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for site preparation for industrial expansion.
Schcode: 28-0001 28-2150
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2003 I 96,100 I 217,800 I 2.16055 I 2,076.29 I 4,705.681
12004 I 96,100 I 4,781,570 I 2.14791 I 2,064.14 I 102,703.821
2005 I 96,100 I 4,781,600 2.09798 I 2,016.16 I 100,317.011
2006 96,100 4,781,600 2.07512 1,994.19 99,223.94
12007 I 96,100 4,781,600 2.05403 1,973.92 98,215.50
2008 96,100 4,781,600 2.05498 1,974.84 98,260.92
2009 96,100 3,204,100 2.13427 2,051.03 68,384.15
2010 96,100 3,204,100 2.17816 2,093.21 69,790.42
1
Current Year Base Value Excess Value Total I 16,243.78 I 641,601.44
Residential 0 0
Commercial 0 0
Industrial 96,100 3,204,100
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
,2011
0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
F Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
-4-
Tax Increment Financing (TIF) Report 2010 Page 99
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 151 2003 OMAHA Name of Project:California Housing,LLC
3636 California Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for rehab/conversion for 55 units assisted living.
Schcode: 28-0001 28-2151 No base or excess established yet.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2003 I 0 I 0 I 2.16055 I 0.00 I 0.00I
12004 I 0 I 444,300 I 2.14791 1 0.00 I 9,543.161
12005 I 0 I 353,200 2.09798 0.00 I 7,410.07
2006 0 3,871,000 2.07512 0.00 80,327.90
2007 0 3,871,000 2.05403 0.00 79,511.50
2008 0 3,871,000 2.05498 0.00 79,548.28
2009 0 3,871,000 2.13427 0.00 82,617.591
2010 0 3,871,000 2.17816 0.00 84,316.57
Current Year Base Value Excess Value Total 0.00 423,275.07
Residential 0 0
Commercial 0 3,871,000
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 152 2002 OMAHA Name of Project:Quality Refrigerated Service#2.
330School: OMAHA 1 Class: 5 CTL-ID# "G"Street
Description:This is a new amended plan to the original project.TIF funds
Schcode: 28-0001 28-2152 used for the relocation of the rail spur behind building and developing a solid
base at the site to accomodate expansion of this processing plant.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2003 0 I 0 2.16055 0.00 0.00
2004 0 I 0 0 0.00 0.00
2006 12,700 838,800 2.07512 263.54 17,406.11
2007 12,700 838,800 2.05403 260.86 17,229.20
2008 12,700 838,800 2.05498 260.98 17,237.17
2009 12,700 838,800 2.13427 271.05 17,902.26
2010 12,700 838,800 2.17816 276.63 18,270.41
Current Year Base Value Excess Value Total 1,333.06 88,045.15
Residential 0 0
Commercial 0 0
Industrial 12,700 838,800
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 153 2003 OMAHA Name of Project:Hy-Vee,Inc
School: OMAHA 1 Class: 5 CTL-ID# Area is located between 51st Street and 52nd bounded by Center Street on
the south and Hickory street on the north
Schcode: 28-0001 28-2153 Description:Public improvements and sewer relocation
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2004 1,960,100 100 2.14791 42,101.18 2.15
i 2005 1,960,100 2,090,500 2.09798 41,122.51 43,858.27
2006 1,960,100 3,843,900 2.07512 40,674.43 79,765.54
2007 1,960,100 3,843,900 2.05403 40,261.04 78,954.86
2008 1,960,100 3,843,900 2.05498 40,279.66 78,991.38
2009 1,960,100 3,843,900 2.13427 41,833.83 82,039.20
2010 1,960,100 3,843,900 2.17816 42,694.11 83,726.29
Total 288,966.76 447,337.69
Current Year Base Value Excess Value
Residential 0 0
Commercial 1,960,100 3,843,900
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
-4-
i Tax Increment Financing(TIF) Report 2010 Page 100
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 155 2003 OMAHA Name of Project:Twenty Fourth&Hamilton,LLC 24th&Hamilton
School: OMAHA 1 Class: 5 CTL-ID# Description:TIF funds used for public improvements and site prep for
commercial development.
Schcode: 28-0001 28-2155
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 62,200 1,242,100 2.05403 1,277.61 25,513.11
2008 I 62,200 I 1,242,100 I 2.05498 I 1,278.20 I 25,524.901
2009 62,200 1,242,100 2.13427 1,327.52 26,509.771
2010 62,200 1,487,500 2.17816 1,354.82 32,400.13
Current Year Base Value Excess Value Total 5,238.15 109,947.91
Residential 0 0
Commercial 62,200 1,487,500
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 156 2004 OMAHA Name of Project:701 South 15th LLC
701 South 15th Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:public improvements and rehabilitation for commercial use-
Schcode: 28-0001 28-2156 office building
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2004 0 0 2.14791 I 0.00 0.00
2005 201,800 0 2.097981 4,233.72 0.00
2006 201,800 1,440,300 2.07512 I 4,187.59 29,887.95
2007 201,800 1,440,300 2.054031 4,145.03 29,584.19
2008 201,800 1,434,600 2.05498 4,146.95 29,480.74
2009 201,800 1,434,600 2.13427 4,306.96 30,618.24
2010 201,800 1,434,600 2.17816 4,395.53 31,247.88
Current Year Base Value Excess Value Total 25,415.78 150,819.00
Residential 201800 1,434,600
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 157 2004 OMAHA Name of Project:Courtland Place No.1 LLC
School: OMAHA 1 Class: 5 CTL-ID# Area in the Old Market bounded by 12th Street,Leavenworth Street, 11th
Street and UP Railroad tracks
Schcode: 28-0001 28-2157 Description:Public improvements and site prep for the construction of 81
upper-end downtown residential units.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2004 I 0 I 0 I 2.14791 I 0.00 I 0.00I
2005 I 679,900 1,020,000 I 2.09798 I 14,264.17 I 21,399.40I
2006 807,900 I 11,478,700 I 2.07512 I 16,764.89 I 238,196.801
2007 679,900 21,329,600 2.05403 13,965.35 438,116.38
2008 I 679,900 27,760,200 2.05498 I 13,971.81 I 570,466.65I
2009 I 679,900 I 26,353,700 ( 2.13427 I 14,510.90 I 562,459.111
2010 I 677,900 23,704,400 I 2.17816 I 14,765.75 I 516,319.76I
Current Year Base Value Excess Value Total I 88,242.87 I 2,346,958.10I
Residential 677900 23,704,400
Commercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
al 288,966.76 447,337.69
Current Year Base Value Excess Value
Residential 0 0
Commercial 1,960,100 3,843,900
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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Tax Increment Financing (TIF)Report 2010 Page 101
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 158 2004 OMAHA Name of Project:Beacon Partners LLC fka Harwood&Associates
Avenue H&North 15th Street East
School: OMAHA 1 Class: 5 CTL-ID#
Description:Public improvements and site prep for INS Regional
Schcode: 28-0001 28-2158 Headquarters
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2004 0 0 2.14791 0.00 0.00
12005 I 0 I 396,400 I 2.09798 I 0.00 I 8,316.391
2006 I 0 13,300,000 I 2.07512 I 0.00 275,990.961
2007 0 12,771,800 2.05403 0.00 262,336.60
2008 0 8,985,000 2.05498 0.00 184,639.95
2009 0 11,218,400 2.13427 0.00 239,430.95
2010 I 0 I 11,218,400 I 2.17816 0.00 244,354.70I
Current Year Base Value Excess Value Total 0.00 1,215,069.55
Residential 0 0
Commercial 0 11,218,400
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 159 2004 OMAHA Name of Project:Riverfront Partners LLC
School: OMAHA 1 Class: 5 CTL-ID# Lots 1-6 and Outlots A,B&C,Gallup Riverfront Subdivision
Description:Public improvements,acquisition and site prep for residential
Schcode: 28-0001 28-2159 and commercial development
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12004 I 0 I 0 I 2.14791 I 0.00 I 0.001
2005 I 0 I 0 I 2.09798 I 0.00 I 0.001
2006 I 0 I 7,071,400 I 2.07512 0.00 I 146,740.041
2007 0 23,723,200 2.05403 0.00 487,281.6/
2008 0 27,266,000 2.05498 0.00 560,310.80
2009 0 27,396,200 2.13427 0.00 584,708.88
2010 1 0 I 28,727,700 I 2.17816 0.00 625,735.271
Current Year Base Value Excess Value Total 0.00 2,404,776.63
Residential 0 27,763,900
Commercial 0 963,800
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 160 2004 OMAHA Name of Project:1111 Jones Street LLC
111School: OMAHA 1 Class: 5 CTL-ID# Jones Street
Description:Public improvements,acquisition and renovation for art museum
Schcode: 28-0001 28-2160 in the Old Market District
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2004 I 0 I 0 I 2.14791 I 0.00 I 0.001
2005 I 582,000 I 1,090,000 I 2.09798 I 12,210.24 22,867.981
2006 582,000 1,090,000 2.07512 12,077.20 22,618.81
2007 582,000 1,090,000 2.05403 11,954.45 22,388.93
2008 582,000 6,670,700 2.05498 11,959.98 137,081.551
2009 582,000 6,670,700 2.13427 12,421.45 142,370.75
2010 I 582,000 I 6,684,100 I 2.17816 I 12,676.89 145,590.39I
Current Year Base Value Excess Value Total I 73,300.21 492,918.41
Residential 0 0
Commercial 582,000 6,684,100
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
n Annual TIF Report 2010 February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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-4-
•
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expenditures from
-4-
• Tax Increment Financing(TIF) Report 2010 Page 102
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 161 2004 OMAHA Name of Project:DTG,LLC
School: OMAHA 1 Class: 5 CTL-ID# 416 South 12th Street
Description:Restoration of historic building for restaurant
Schcode: 28-0001 28-2161
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2004 I 0 I 0 I 2.14791 I 0.00 I 0.00I
2005 I 136,100 I 97,900 I 2.09798 I 2,855.35 I 2,053.921
12006 136,100 1,105,400 2.07512 2,824.24 22,938.38
2007 136,100 1,105,400 2.05403 2,795.53 22,705.25
2008 136,100 994,900 2.05498 2,796.83 20,445.00
2009 136,100 994,900 2.13427 2,904.74 21,233.85
2010 I 136,100 I 1,008,900 I 2.17816 I 2,964.48 21,975.461
Current Year Base Value Excess Value Total 17,141.17 111,351.86
Residential 0 0
Commercial 136,100 1,008,900
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 162 2004 OMAHA Name of Project:National Park Service Redevelopment Project
Lot 18,Gallup Riverfront Campus
School: OMAHA 1 Class: 5 CTL-ID#
Description:Public improvements and site prep for NPS Regional
Schcode: 28-0001 28-2162 Headquarters
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2004 I 0 I 0 I 2.14791 I 0.00 I 0.00I
2005 I 293,100 I 7,000,000 I 2.09798 I 6,149.18 I 146,858.601
2006 I 293,100 I 7,524,000 I 2.07512 I 6,082.18 I 156,132.031
2007 I 293,100 I 11,817,900 2.05403 I 6,020.36 I 242,743.211
2008 293,100 8,258,100 2.05498 6,023.15 169,702.30
2009 293,100 8,258,100 2.13427 6,255.55 176,250.15
2010 I 293,100 I 8,258,100 I 2.17816 6,384.19 179,874.631
Current Year Base Value Excess Value Total 36,914.61 1,071,560.92
Residential 0 0
Commercial 293,100 8,258,100
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 163 2003 OMAHA Name of Project:Second Amendment to the Convention Center/Arena
School: OMAHA 1 Class: 5 CTL-ID# Redevelopment P
Lots 1 &2,Union n
Pacific Place
Schcode: 28-0001 28-2163 Description:Public improvements and site prep for convention center hote
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2004
2.14791
0.00
1I I I 53,500,000 I 2.09798 I 0.00 I I 1,122,419.301
I
2005 0
12006 I 0 I 56,970,000 I 2.07512 I 0.00 1,182,195.86
2007 0 58,352,300 2.05403 0.00 1,198,573.75
2008 0 58,714,000 2.05498 0.00 1,206,560.95
2009 0 58,953,600 2.13427 0.00 1,258,229.00
2010 0 58,953,600 2.17816 0.00 1,284,103.73
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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-4-
•
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expenditures from
-4-
Tax Increment Financing(TIF) Report 2010 Page 103
, COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 164 2004 OMAHA Name of Project:Model T Ford Bldg,LLC
150School: OMAHA 1 Class: 5 CTL-ID# Description:N.16t Street
Housing and commercial/entertainment
Schcode: 28-0001 28-2164
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12005 I 289,300 I 1,509,700 I 2.09798 I 6,069.46 I 31,673.20I
12006 I 289,300 I 11,313,100 I 2.07512 I 6,003.32 I 234,760.40I
2007 289,200 I 11,224,200 2.05403 I 5,940.25 I 230,548.441
2008 289,200 11,224,200 2.05498 5,943.00 230,655.07
2009 289,200 11,224,200 2.13427 6,172.31 239,554.73
2010 289,200 11,224,200 2.17816 6,299.24 244,481.03
Current Year Base Value Excess Value Total I 36,427.58 1,211,672.871
Residential 0 0
Commercial 289,200 11,224,200
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 165 2004 OMAHA Name of Project:T.S.McShane LLC/P.E. ILER Building
1113 School : OMAHA 1 Class: 5 CTL-ID# Description: Street Howard
26 units residential conversion
Schcode: 28-0001 28-2165
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2005 I 447,200 I 0 I 2.09798 I 9,382.17 I 0.00I
12006 I 447,200 I 0 I 2.07512 I 9,279.94 I 0.00I
12007 I 447,200 I 0 I 2.05403 I 9,185.62 I 0.00I
1 2008 I I 2.05498
2009 447,200 I 40,500 2.13427 I 9,544.46 I 864.381
2010 447,200 3,294,100 2.17816 9,740.73 71,750.77
Total 56,322.79 72,615.15
Current Year Base Value Excess Value
Residential 0 0
Commercial 447,200 3,294,100
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 166 2005 OMAHA Name of Project:Sorenson Park Plaza
6600 N.72 Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:Conversion of industrial site to commercial center.
Schcode: 28-0001 28-2166
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2005 I 4,886,805 I 0 I 2.09798 I 102,524.19 I 0.00I
12006 I 4,886,800 I 1,667,100 I 2.07512 I 101,406.96 I 34,594.331
12007 I 4,886,800 I 36,170,000 2.05403 I 100,376.34 I 742,942.651
2008 4,886,800 37,848,500 2.05498 100,422.76 777,779.12
12009 4,886,800 39,249,400 2.13427 104,297.51 837,688.171
2010 4,886,800 39,145,500 2.17816 106,442.32 852,651.62
Total 615,470.08 3,245,655.89
Current Year Base Value Excess Value
Residential 0 0
Commercial 4,886,800 39,145,500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
-4-
Tax Increment Financing (TIF) Report 2010 Page 104
COUNTY: 28 DOUGLAS
•
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 167 2004 OMAHA Name of Project:Sutherland Plaza LLC
L Street and Dahlman Avenue
School: OMAHA 1 Class: 5 CTL-ID#
Description:Restoration of absolete commercial site
Schcode: 28-0001 28-2167
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2006 503,700 354,900 2.07512 10,452.38 7,364.60
2007 I 503,700 354,900 I 2.05403 10,346.15 7,289.751
2008 503,700 2,263,400 2.05498 10,350.93 46,512.42
2009 503,700 2,453,800 2.13427 10,750.32 52,370.72
2010 503,700 2,453,800 2.17816 10,971.39 53,447.69
Current Year Base Value Excess Value Total 52,871.17 166,985.18
Residential 0 0
Commercial 503,700 2,453,800
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 168 2004 OMAHA Name of Project:Alliant/U.S.Foodservice
School: OMAHA 1 Class: 5 CTL-ID# 6315 John J.Pershing Drive
Description:Industrial expansion
Schcode: 28-0001 28-2168
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2005 I 5,841,600 0 2.09798 I 122,555.60 I 0.00I
2006 I 3,472,400 2,369,200 2.07512 I 72,056.47 I 49,163.741
2007 I 3,472,400 2,369,200 2.05403 I 71,324.14 I 48,664.081
2008 I 3,472,400 2,369,200 2.05498 I 71,357.13 48,686.591
2009 3,472,400 2,369,200 2.13427 74,110.39 50,565.12
2010 I 3,472,400 3,078,900 2.17816 I 75,634.43 67,063.371
Current Year Base Value Excess Value Total 487,038.16 264,142.90
Residential 0 0
Commercial 0 0
Industrial 3,472,400 3,078,900
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 169 2005 OMAHA Name of Project:Village at Omaha,LP
30th and W Streets
School: OMAHA 1 Class: 5 CTL-ID#
Description:Development of 36 single-family and duplex affordable rental
Schcode: 28-0001 28-2169 units
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2005 213,400 0 2.09798 4,477.09 0.00
2006 I 213,400 I 0 I 2.07512 I 4,428.31 I 0.001
2007 I 213,400 1,443,700 I 2.05403 I 4,383.30 I 29,654.031
2008 I 213,400 I 1,504,800 I 2.05498 I 4,385.33 I 30,923.39I
2009 I 213,400 I 2,031,600 I 2.13427 I 4,554.53 I 43,359.831
2010 I 213,400 2,031,600 I 2.17816 I 4,648.19 44,251.50
Total 26,876.75 148,188.75
Current Year Base Value Excess Value
Residential 213400 2,031,600
Commercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
6,800 39,145,500
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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Tax Increment Financing (TIF) Report 2010 Page 105
i, COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 170 2005 OMAHA Name of Project:5217 S.28 St.LLC(Stephen Center°
School: OMAHA 1 Class: 5 CTL-ID# 5217 S.28th Street
Description:Construction of residential treatment facility
Schcode: 28-0001 28-2170
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2005 6,500 I 0 I 2.09798 I 136.37 1 0.00I
2006 I 16,600 I 0 I 2.07512 I 344.47 I 0.00I
12007 16,600 I 1,313,000 I 2.05403 I 340.97 I 26,969.411
2008 16,600 381,400 2.05498 341.13 7,837.69
2009 16,600 381,400 2.13427 354.29 8,140.11
2010 16,600 515,100 2.17816 361.57 11,219.70
Current Year Base Value Excess Value Total I 1,878.80 I 54,166.91I
Residential 0 0
Commercial 16,600 515,100
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 172 2005 OMAHA Name of Project:Underwood Property,Inc I
5001 Underwood Ave
School: OMAHA 1 Class: 5 CTL-ID#
Description:Rehabilitation of storefront commercial w/housing
Schcode: 28-0001 28-2172
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2006 I 437,800 I 0 2.07512 I 9,084.88 I 0.00I
2007 I 437,800 720,600 2.05403 I 8,992.54 I 14,801.34
2008 I 437,800 720,600 2.05498 I 8,996.70 I 14,808.19I
2009 I 437,800 720,600 ( 2.13427I 9,343.83I 15,379.551
2010 I 437,800 720,600 2.17816 9,535.98 I 15,695.821
Current Year Base Value Excess Value Total 45,953.93 60,684.90
Residential 0 0
Commercial 437,800 720,600
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 173 2005 OMAHA Name of Project:Shamrock Parking,LLC(Paxton Building)
1403 Farnam Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:Rehabilitation and conversion to residential condos
Schcode: 28-0001 28-2173
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12006 I 160,600 I 0 I 2.07512 I 3,332.64 I 0.00I
12007 I 1,337,600 I 16,916,500 I 2.05403 I 27,474.71 347,469.98I
2008 1,337,600 27,128,650 2.05498 27,487.41 557,488.78
12009 I 1,337,600 I 29,113,100 I 2.13427 I 28,548.00 I 621,352.161
12010 I 1,337,600 I 29,039,500 I 2.17816 I 29,135.07 I 632,526.77I
1
Current Year Base Value Excess Value Total I 115,977.83 2,158,837.69
Residential 455000 24,499,400
Commercial 882,600 4,540,100
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
-4-
Tax Increment Financing (TIF) Report 2010 Page 106
` COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 174 2005 OMAHA Name of Project:BM&J Holdings,LLC(Omaha Paper Stock)
School: OMAHA 1 Class: 5 CTL-ID# 1111 Fort Street
Description:Construction of the Omaha Paper Stock Facility
Schcode: 28-0001 28-2174
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2006 I 50,000 I 1,960,900 I 2.07512 I 1,037.56 I 40,691.031
12007 I 50,000 I 1,960,900 I 2.05403 I 1,027.02 I 40,277.47I
12008 I 50,000 1,960,900 2.05498 1,027.49 40,296.101
2009 50,000 1,856,200 2.13427 1,067.14 39,616.32
2010 50,000 1,856,200 2.17816 1,089.08 40,431.01
1 Current Year Base Value Excess Value Total I 5,248.29 I 201,311.93
Residential 0 0
Commercial 0 0
Industrial 50,000 1,856,200
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 175 2005 OMAHA Name of Project:Mullen Holdings,LLC(RYCAN,INC/Wes&Willy)
170School: OMAHA 1 Class: 5 CTL-ID# N.24 Street
Description:Site purchase and cosntruction in the North Omaha Business
Schcode: 28-0001 28-2175 Park
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2006 I 0 I 51,700 I 2.07512 0.00 1,072.84
2007 I 0 I 1,055,100 I 2.05403 0.00 21,672.07
2008 I 0 I 1,055,100 I 2.05498 0.00 21,682.09
2009 I 0 I 1,249,900 I 2.13427 0.00 26,676.24
2010 I 0 I 1,249,900 I 2.17816 0.00 27,224.82
Current Year Base Value Excess Value Total 0.00 98,328.06
Residential 0 0
Commercial 0 1,249,900
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 176 2005 OMAHA Name of Project:St.Clair Condos,LLC
2313-15 Hamey Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:Rehab/conversion of the St.Clair Apts.to condominiums
Schcode: 28-0001 28-2176
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2006 794,000 0 2.07512 16,476.45 0.00
2007 434,000 1,720,400 2.05403 8,914.49 35,337.53
12008 I 434,000 I 1,719,900 I 2.05498 I 8,918.61 I 35,343.591
12009 I 434,000 I 1,633,200 I 2.13427 I 9,262.73 I 34,856.90I
12010 I 434,000 I 1,633,200 I 2.17816 I 9,453.21 35,573.711
Total 53,025.49 141,111.73
Current Year Base Value Excess Value
Residential 434000 1,633,200
Commercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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-4-
•
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expenditures from
-4-
Tax Increment Financing (TIF) Report 2010 Page 107
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 178 2005 OMAHA Name of Project:BOCA Development,LLC
105 South 9th Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:Conversion to residential condominiums
Schcode: 28-0001 28-2178
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2006 I 1,096,100 I 16,532,400 I 2.07512 I 22,745.39 I 343,067.141
12007 I 1,100,300 I 21,854,900 I 2.05403 I 22,600.49 I 448,906.201
12008 1,100,300 24,682,600 I 2.05498 22,610.94 I 507,222.521
2009 1,100,300 22,784,300 2.13427 23,483.37 486,278.48
2010 1,096,100 22,964,700 2.17816 23,874.81 500,207.91
Current Year Base Value Excess Value Total 115,315.00 I 2,285,682.251
Residential 1096100 22,964,700
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 179 2006 OMAHA Name of Project:Brandeis Lofts,LLC
School: OMAHA 1 Class: 5 CTL-ID# 210 South 16th Street
Description:Conversion of the J.L.Brandeis Building to condominiums
Schcode: 28-0001 28-2179
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12006 I 650,000 I 5,161,700 I 2.07512 13,488.28 107,111.47
12007 I 7,160,000 I 18,374,200 I 2.05403 147,068.55 377,411.58
12008 I 6,500,000 I 18,430,000 I 2.05498 133,573.70 378,732.80
2009 I 6,500,000 I 22,011,600 I 2.13427 138,727.55 469,786.98
12010 I 6,500,000 I 20,952,800 I 2.17816 141,580.40 456,385.51
Current Year Base Value Excess Value Total 574,438.48 1,789,428.34
Residential 4281400 15,123,500
Commercial 2,218,600 5,829,300
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 180 2005 OMAHA Name of Project:Jackson Lofts,LLC
110School: OMAHA 1 Class: 5 CTL-ID# Description:Jackson Street
Rehabilitation/conversion Rehabilitation/conversion to condominiums
Schcode: 28-0001 28-2180
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12006 I 263,300 I 0 I 2.07512 5,463.79 0.00
12007 I 263,300 I 2,441,800 I 2.05403 5,408.26 50,155.30
12008 I 263,600 I 11,429,400 I 2.05498 5,416.93 234,871.87
12009 I 263,600 I 11,390,500 I 2.13427 5,625.94 243,104.02
12010 I 263,300 I 11,115,100 I 2.17816 5,735.10 242,104.66
Total 27,650.02 770,235.85
Current Year Base Value Excess Value
Residential 263300 11,115,100
Commercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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-4-
•
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expenditures from
-4-
Tax Increment Financing (TIF) Report 2010 Page 108
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 181 2006 OMAHA Name of Project:Benson Park Plaza II
School: OMAHA 1 Class: 5 CTL-ID# Area bounded by Benson Park,Grand Avenue,Boyd Street,Ames Avenue,
70th
Schcode: 28-0001 28-2181 Description:Conversion from Phase Ito Phase II of development
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2006 2,134,900 I 0 I 2.0751 I 44,301.31 I 0.00I
I 2008 2,134,900 3,670,500 I 2.05498 43,871.77 75,428.041
2009 2,134,900 5,592,400 2.13427 45,564.53 119,356.92
2010 755,500 3,407,900 2.17816 16,456.00 74,229.51
Current Year Base Value Excess Value Total 194,045.10 269,014.47
Residential 0 0
Commercial 755,500 3,407,900
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 182 2005 OMAHA Name of Project:Bushido University,LLC
School: OMAHA 1 Class: 5 CTL-ID# 14th&Webster Streets
Description:Commercial development
Schcode: 28-0001 28-2182
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2006 I 0 I 897,300 2.07512 I 0.00 I 18,620.05I
2007 0 1,662,400 2.05403 0.00 34,146.19
2008 0 5,014,600 2.05498 0.00 103,049.03
2009 I 0 I 7,813,900 I 2.13427 I 0.00 I 166,769.72I
12010 I 0 I 7,813,900 I 2.17816 I 0.00 I 170,199.241
Current Year Base Value Excess Value Total I 0.00 492,784.23!
Residential 0 0
Commercial 0 7,813,900
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 183 2006 OMAHA Name of Project:La Cuadra,LLC
33rd
School: OMAHA 1 Class: 5 CTL-ID# Des &Q Streets
Description:Commercial Development
Schcode: 28-0001 28-2183
•
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2006 I 166,700 I 0 I 2.07512 3,459.23 0.00
2007 I 166,700 I 1,115,100 I 2.05403 3,424.07 22,904.49
2008 I 166,700 I 1,595,200 I 2.05498 3,425.65 32,781.04
2009 I 166,700 I 1,955,300 I 2.13427 3,557.83 41,731.38
2010 I 56,600 I 1,595,200 I 2.17816 1,232.84 34,746.01
Current Year Base Value Excess Value Total 15,099.62 132,162.92
Residential 0 0
Commercial 56,600 1,595,200
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
85
Current Year Base Value Excess Value
Residential 263300 11,115,100
Commercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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-4-
•
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expenditures from
-4-
Tax Increment Financing(TIF) Report 2010 Page 109
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 184 2006 OMAHA Name of Project:Nathan Development,LLC
School: OMAHA 1 Class: 5 CTL-ID# 2401 N. 16th Street
Description:Housing construction
Schcode: 28-0001 28-2184
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2006 I 14,400 I 0 I 2.07512 I 298.82 I 0.00I
12007 I 82,000 I 301,000 I 2.05403 I 1,684.30 I 6,182.631
12008 82,000 334,000 I 2.05498I 1,685.08 6,863.631
2009 82,000 445,000 2.13427 1,750.10 9,497.50
2010 82,000 238,200 2.17816 1,786.09 5,188.38
Current Year Base Value Excess Value Total 7,204.39 27,732.14
Residential 0 0
Commercial 82,000 238,200
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 185 2006 OMAHA Name of Project:River City Lodging,LLC
School: OMAHA 1 Class: 5 CTL-ID# Area of 15th and 16th Streets, Izard and Nicholas Streets Description:TIF
funds used for commercial hotel development.
Schcode: 28-0001 28-2185
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12007 I 45,100 I 75,900 I 2.05403 I 926.37 I 1,559.011
12008 I 45,100 I 2,283,200 I 2.05498 I 926.80 I 46,919.30I
12009 I 45,100 I 5,002,500 2.13427 I 962.56 I 106,766.861
2010 45,100 5,002,500 2.17816 982.35 108,962.45
I
Current Year Base Value Excess Value Total 3,798.08 I 264,207.62I
Residential 0 0
Commercial 45,100 5,002,500
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 186 2006 OMAHA Name of Project:Revitalize Omaha,LLC
Hill 2th Ave and Douglas Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds for housing rehabilitation and convention.
Schcode: 28-0001 28-2186
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 533,400 0 2.05403 10,956.20 0.00
12008 I 603,000 I 1,411,300 I 2.05498 I 12,391.53 I 29,001.921
12009 I 603,000 I 1,928,400 I 2.13427 I 12,869.65 I 41,157.261
12010 I 603,000 I 1,928,400 I 2.17816 I 13,134.30 I 42,003.641
Current Year Base Value Excess Value Total I 49,351.68 I 112,162.821
Residential 603000 1,928,400
Commercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
85
Current Year Base Value Excess Value
Residential 263300 11,115,100
Commercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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-4-
•
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expenditures from
-4-
•° Tax Increment Financing (TIF) Report 2010 Page 110
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 187 2006 OMAHA Name of Project:North Central Group(Lot 1 Hampton Inn Suites)Area of
School: OMAHA 1 Class: 5 CTL-ID# 12th and 14th Streets at Cuming and Izard Streets Description:TIF funds 1
used for commercial hotel development.
Schcode: 28-0001 28-2187
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 I 162,100 I 0 I 2.05403 I 3,329.58 I 0.00I
12008 162,100 I 7,689,500 I 2.05498 I 3,331.12 I 158,017.69I
12009 162,100 13,058,500 2.13427 I 3,459.65 I 278,703.65
2010 162,100 13,058,500 2.17816 3,530.80 284,435.02
Current Year Base Value Excess Value Total 13,651.15 721,156.36
Residential 0 0
Commercial 162,100 13,058,500
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 188 2006 OMAHA Name of Project:North Central Group(Lot 2 Homewood Suites)Area of 12th
School: OMAHA 1 Class: 5 CTL-ID# and 14th Streets at Cuming and Izard Streets Description:TIF funds used for
commercial hotel development.
Schcode: 28-0001 28-2188
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12007 I 149,600 I 0 I 2.05403 I 3,072.83 I 0.00I
2008 I 149,600 I 8,535,000 I 2.05498 I 3,074.25 I 175,392.54I
12009 I 149,600 I 10,102,300 I 2.13427 I 3,192.87 I 215,610.361
12010 I 149,600 I 10,102,300 I 2.17816 I 3,258.53 I 220,044.26I
1 Current Year Base Value Excess Value Total I 12,598.48 I 611,047.16
Residential 0 0
Commercial 149,600 10,102,300
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 189 2006 OMAHA Name of Project:DEEL Investments,LLC
706 South 18th Street
School : OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for downtown condo development.
Schcode: 28-0001 28-2189
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12007 I 83,000 I 825,000 I 2.05403 I 1,704.84 I 16,945.75I
12008 I 83,000 I 1,169,800 I 2.05498 I 1,705.63 I 24,039.151
12009 I 83,000 I 1,143,600 I 2.13427 I 1,771.44 I 24,407.511
12010 I 83,000 I 794,900 I 2.17816 I 1,807.87 I 17,314.19I
Current Year Base Value Excess Value Total I 6,989.78 82,706.60I
Residential 83000 794,900
Commercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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-4-
•
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expenditures from
-4-
Tax Increment Financing (TIF) Report 2010 Page 111
COUNTY: 28 DOUGLAS
•
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 190 2006 OMAHA Name of Project:Kimball Lofts,LLC(Kimball Laundry Bldg)
1502 Jones Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for downtown condo development.
Schcode: 28-0001 28-2190
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 I 314,000 I 1,659,800 I 2.05403 I 6,449.65 I 34,092.79I
12008 I 314,000 I 4,814,500 I 2.05498 I 6,452.64 I 98,937.011
2009 I 314,000 5,434,100 I 2.13427 6,701.61 115,978.371
2010 314,000 5,515,800 2.17816 6,839.42 120,142.95
Current Year Base Value Excess Value Total 26,443.32 369,151.12
Residential 314000 5,515,800
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 191 2006 OMAHA Name of Project:DMK LLC(Holiday Inn)
North 15th and Cuming Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for North commercial development.
Schcode: 28-0001 28-2191
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12007 I 57,100 I 95,700 I 2.05403 I 1,172.85 I 1,965.711
12008 I 57,100 I 95,700 I 2.05498 I 1,173.39 I 1,966.621
12009 I 57,100 6,192,700 I 2.13427 I 1,218.67 I 132,168.941
2010 57,100 5,855,500 2.17816 1,243.73 127,542.16
Current Year Base Value Excess Value Total 4,808.64 I 263,643.431
Residential 0 0
Commercial 0 0
Industrial 57,100 5,855,500
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 192 2006 OMAHA Name of Project:Townsend Inv LLC(Walstreet Tower)
1416 Dodge Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for downtown condominium/retail mixed use
Schcode: 28-0001 28-2192 development.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12007 I 35,000 I 0 I 2.05403 I 718.91 I 0.00
12008 I 35,000 I 1,549,000 I 2.05498 I 719.24 I 31,831.64I
12009 I 35,000 I 1,549,000 I 2.13427 I 746.99 I 33,059.84I
12010 I 35,000 I 1,549,000 I 2.17816 I 762.36 I 33,739.70I
1 Current Year Base Value Excess Value Total I 2,947.50 I 98,631.18
Residential 0 0
Commercial 35,000 1,549,000
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
vision Annual TIF Report 2010 February 11,2011
ercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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-4-
•
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expenditures from
-4-
Tax Increment Financing (TIF) Report 2010 Page 112
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 193 2006 OMAHA Name of Project:CF Studio LLC
26th&Leavenworth Streets
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for downtown mixed-use office/residential
Schcode: 28-0001 28-2193 development.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 I 50,200 I 66,400 I 2.05403 I 1,031.12 I 1,363.881
2008 I 50,200 I 109,500 I 2.05498 I 1,031.60 I 2,250.201
2009 I 50,200 I 109,500 2.13427 I 1,071.40 I 2,337.03
2010 50,200 109,500 2.17816 1,093.44 2,385.09
Current Year Base Value Excess Value Total 4,227.56 8,336.20
Residential 0 0
Commercial 50,200 109,500
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 194 2007 OMAHA Name of Project: 1308 Jackson Development LLC
13th and Jackson Streets
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for condominium lofts and commercial.
Schcode: 28-0001 28-2194
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 I 493,800 I 0 I 2.05403 I 10,142.80 I 0.00I
12008 I 493,800 I 0 I 2.05498 I 10,147.49 I 0.00I
12009 I 493,800 I 2,341,900 I 2.13427 I 10,539.03 I 49,982.47I
12010 I 493,800 I 20,021,400 I 2.17816 I 10,755.75 I 436,098.131
1
Current Year Base Value Excess Value Total I 41,585.07 I 486,080.60
Residential 493800 20,021,400
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 195 2007 OMAHA Name of Project:James Tinsley Villas LLC
58th and Fort Streets
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for senior housing development.
Schcode: 28-0001 28-2195
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12007 I 23,000 I 0 I 2.05403 I 472.43 I 0.00I
2008 I 23,000 I 1,547,700 I 2.05498 I 472.65 I 31,804.93I
12009 I 23,000 I 1,547,700 I 2.13427 I 490.88 I 33,032.10I
2010 I 23,000 I 1,547,700 I 2.17816 I 500.98 I 33,711.38I
Current Year Base Value Excess Value Total I 1,936.94 I 98,548.411
Residential 23000 1,547,700
Commercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ssment Division Annual TIF Report 2010 February 11,2011
vision Annual TIF Report 2010 February 11,2011
ercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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-4-
•
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expenditures from
-4-
Tax Increment Financing (TIF) Report 2010 Page 113
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 196 2007 OMAHA Name of Project:Downtown Dodge Development LLC
School: OMAHA 1 Class: 5 CTL-ID# 8th to 10th Streets,Dodge to Capitol
Description:TIF funds used for downtown condominium construction.
Schcode: 28-0001 28-2196
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 I 842,000 I 1,659,300 I 2.05403 I 17,294.93 I 34,082.52I
2008 I 842,000 I 5,770,900 I 2.05498 I 17,302.93 I 118,590.86I
12009 842,000 5,662,400 2.13427 17,970.55 120,850.90
2010 842,000 3,913,600 2.17816 18,340.11 85,244.47
Current Year Base Value Excess Value Total 70,908.52 358,768.75
Residential 842000 3,913,600
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 197 2007 OMAHA Name of Project:P&A McGill LLC#1
School: OMAHA 1 Class: 5 CTL-ID# 1205-07-09 Harney Street
Description:TIF funds used for historic building condominium development
Schcode: 28-0001 28-2197
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 I 1,632,000 I 0 I 2.05403 I 33,521.77 I 0.00I
12008 I 1,632,000 I 439,200 I 2.05498 I 33,537.27 I 9,025.471
12009 I 1,632,000 I 1,725,800 I 2.13427 I 34,831.29 I 36,833.23I
12010 I 1,632,000 I 1,725,800 I 2.17816 I 35,547.57 I 37,590.691
Current Year Base Value Excess Value Total ( 137,437.90 I 83,449.391
Residential 595400 149,500
Commercial 1,036,600 1,576,300
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 198 2007 OMAHA Name of Project:Columbo LLC(Aksarben Place)
School: OMAHA 1 Class: 5 CTL-ID# Southeast of 67th and Center Streets
Description:TIF funds used for midtown mixed-used development.
Schcode: 28-0001 28-2198
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12007 I 609,400 I 317,900 I 2.05403 I 12,517.26 I 6,529.761
12008 I 871,300 I 1,461,900 I 2.05498 I 17,905.04 I 30,041.75I
2009 I 871,300 I 4,084,300 I 2.13427 I 18,595.89 I 87,169.991
2010 I 871,300 I 4,084,300 I 2.17816 I 18,978.31 I 88,962.59I
ICurrent Year Base Value Excess Value Total 67,996.50 212,704.09I
Residential 0 0
Commercial 871,300 4,084,300
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
rt 2010 February 11,2011
vision Annual TIF Report 2010 February 11,2011
ercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
-6-
-4-
•
-6-
expenditures from
-4-
• Tax Increment Financing (TIF) Report 2010 Page 114
•
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 199 2007 OMAHA Name of Project:Zone 5 LLC
School: OMAHA 1 Class: 5 CTL-ID# Aksarben Village Northeast of 67th and Center Streets
Description:TIF funds used for midtown mixed-used development.
Schcode: 28-0001 28-2199
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 470,300 0 2.05403 9,660.10 0.00
2008 I 470,300 I 0 I 2.05498 I 9,664.57 I 0.00I
12009 I 470,300 0 I 2.13427 I 10,037.47 I 0.00I
2010 298,700 394,900 2.17816 6,506.16 8,601.55
Current Year Base Value Excess Value Total 35,868.30 8,601.55
Residential 0 0
Commercial 298,700 394,900
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 201 2007 OMAHA Name of Project:Noddle Development Co(Noddle A.V.2 LLC Aksarben
School: OMAHA 1 Class: 5 CTL-ID# Village Northeast of 67th and Center Streets
Description:TIF funds used for midtown mixed-used development.
Schcode: 28-0001 28-2201
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 I 266,800 I 0 I 2.05403 I 5,480.15 I 0.00I
12008 I 266,800 I 0 I 2.05498 I 5,482.69 I 0.00I
12009 I 266,800 I 2,262,300 I 2.13427 I 5,694.23 I 48,283.59I
12010 I 266,800 I 3,459,600 I 2.17816 I 5,811.33 I 75,355.62I
Current Year Base Value Excess Value Total I 22,468.40 I 123,639.21
Residential 266800 3,459,600
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 202 2007 OMAHA Name of Project:Noddle Development Co(Noddle A.V.3 LLC Aksarben
School: OMAHA 1 Class: 5 CTL-ID# Village Northeast of 67th and Center Streets
Description:TIF funds used for midtown mixed-used development.
Schcode: 28-0001 28-2202
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12007 I 355,700 I 0 I 2.05403 I 7,306.18 I 0.00I
12008 I 355,700 I 0 I 2.05498 I 7,309.56 I 0.00I
12009 I 355,700 I 3,713,000 I 2.13427 I 7,591.60 I 79,245.451
12010 I 355,700 I 8,314,600 I 2.17816 I 7,747.72 I 181,105.29I
Current Year Base Value Excess Value Total 29,955.06 I 260,350.74
Residential 0 0
Commercial 355,700 8,314,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
2010 February 11,2011
vision Annual TIF Report 2010 February 11,2011
ercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
-6-
-4-
•
-6-
expenditures from
-4-
Tax Increment Financing (TIF) Report 2010 Page 115
`y COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 203 2007 OMAHA Name of Project:Noddle Development Co(Noddle A.V.4 LLC Aksarben
School: OMAHA 1 Class: 5 CTL-ID# Village Northeast of 67th and Center Streets
Description:TIF funds used for midtown mixed-used development.
Schcode: 28-0001 28-2203
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 I 310,000 I 0 I 2.05403 I 6,367.49 I 0.00I
2008 I 310,000 I 0 I 2.05498 I 6,370.44 I 0.00I
12009 I 310,000 4,880,300 I 2.13427 I 6,616.24 I 104,158.78
2010 310,000 12,466,400 2.17816 6,752.30 271,538.14
Current Year Base Value Excess Value Total 26,106.47 375,696.92
Residential 0 0
Commercial 310,000 12,466,400
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 204 2007 OMAHA Name of Project:Noddle Zone Three Commons LLC
School: OMAHA 1 Class: 5 CTL-ID# Aksarben Village Northeast of 67th and Center Streets
Description:TIF funds used for midtown mixed-used development.
Schcode: 28-0001 28-2204
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 859,600 0 2.05403 17,656.44 0.00
2008 I 859,600 I 0 I 2.05498 I 17,664.61 1 0.00I
2009 I 859,600 I 3,531,300 I 2.13427 I 18,346.18 I 75,367.481
12010 I 859,600 I 3,531,300 I 2.17816 I 18,723.46 I 76,917.361
Current Year Base Value Excess Value Total I 72,390.69 I 152,284.841
Residential 0 0
Commercial 859,600 3,531,300
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 205 2007 OMAHA Name of Project:S&S Properties LLC(Heartland Scenic)
532School: OMAHA 1 Class: 5 CTL-ID# Description:L n rg Drive
TIF funds used for North Airport Business Park Mised use
Schcode: 28-0001 28-2205 development-light industrial/office.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12007 I 100,300 I 1,046,400 I 2.05403 I 2,060.19 I 21,493.37I
12008 I 100,300 I 1,046,400 I 2.05498 I 2,061.14 I 21,503.311
12009 I 100,300 I 1,289,600 I 2.13427 I 2,140.67 I 27,523.55I
12010 I 100,300 I 1,289,600 I 2.17816 I 2,184.69 I 28,089.551
Current Year Base Value Excess Value Total I 8,446.69 I 98,609.78I
Residential 0 0
Commercial 0 0
Industrial 100,300 1,289,600
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
11,2011
ercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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Tax Increment Financing (TIF)Report 2010 Page 116
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 206 2007 OMAHA Name of Project:RHW Management, Inc/Proj.5 Aksarben Village Northeast
of 67th and Center Streets
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for midtown mixed-used development.
Schcode: 28-0001 28-2206
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 I 669,600 I 0 I 2.05403 I 13,753.78 I 0.00I
2008 I 669,600 I 0 I 2.05498 I 13,760.15 I 0.00I
2009 I 669,600 I 4,015,900 I 2.13427 1 14,291.07 85,710.151
2010 669,600 9,720,000 2.17816 14,584.96 211,717.15
Current Year Base Value Excess Value Total 56,389.96 297,427.30
Residential 0 0
Commercial 669,600 9,720,000
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 207 2007 OMAHA Name of Project:Kimball Lofts/Graham Ice Cream Bldg.
1510 Jones Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for downtown condominium development.
Schcode: 28-0001 28-2207
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 I 167,400 I 0 I 2.05403 I 3,438.45 I 0.00I
2008 167,400 I 2,498,300 I 2.05498 I 3,440.04 I 51,339.561
2009 1 167,400 I 2,770,500 I 2.13427 I 3,572.77 I 59,129.951
2010 I 167,400 I 2,770,500 I 2.17816 I 3,646.24 I 60,345.92I
Current Year Base Value Excess Value Total 14,097.50 I 170,815.43I
Residential 167400 2,770,500
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 208 2007 OMAHA Name of Project:Aksarben Apartments, LLC
School: OMAHA 1 Class: 5 CTL-ID# Aksarben Village Northeast of 67th and Center Streets
Description:Midtown mixed use development.
Schcode: 28-0001 28-2208
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12008 I 2,158,300 I 0 I 2.05498 I 44,352.63 I 0.00I
12009 I 2,158,300 I 4,745,000 I 2.13427 I 46,063.95 I 101,271.111
2010 I 2,158,300 I 6,794,600 I 2.17816 I 47,011.23 I 147,997.261
I1
Current Year Base Value Excess Value Total 137,427.81 I 249,268.37
Residential 0 0
Commercial 2,158,300 6,794,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Industrial 100,300 1,289,600
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
11,2011
ercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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• Tax Increment Financing (TIF) Report 2010 Page 117
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 209 2007 OMAHA Name of Project:Georgetown Properties,LLC/Alchemy Aksarben
School: OMAHA 1 Class: 5 CTL-ID# Aksarben Village Northeast of 67th and Center Streets
Description:Midtown mixed use development.
Schcode: 28-0001 28-2209
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 I 757,500 I 562,300 I 2.05498 I 15,566.47 I 11,555.15I
2009 I 757,500 I 8,354,500 I 2.13427 I 16,167.10 I 178,307.59I
12010 I 757,500 I 7,820,200 I 2.17816 16,499.56 170,336.47
Current Year Base Value Excess Value Total 48,233.13 360,199.21
Residential 0 0
Commercial 757,500 7,820,200
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 210 2006 OMAHA Name of Project:Ontrack Development LLC(Burlington Bldg.)
School: OMAHA 1 Class: 5 CTL-ID# 1001 South 10th Street
Description:TIF funds used for downtown condominium/commercial mixed
Schcode: 28-0001 28-2210 use development.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 I 617,700 I 0 I 2.05403 I 12,687.74 I 0.00I
12008 I 617,700 I 0 I 2.05498 I 12,693.61 I 0.00I
12009 I 617,700 I 0 I 2.13427 I 13,183.39 I 0.00I
12010 I 617,700 I 0 I 2.17816 I 13,454.49 0.00I
Current Year Base Value Excess Value Total 52,019.23 I 0.001
Residential 0 0
Commercial 617,700 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 211 2007 OMAHA Name of Project:New Community Development Corp.
School: OMAHA 1 Class: 5 CTL-ID# Salem Village @Miami Heights
North 36th and Lake Streets
Schcode: 28-0001 28-2211 Description:North Senior Housing
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 I 33,800 I 2,439,600 I 2.05498 I 694.58 I 50,133.291
12009 I 33,800 I 2,439,600 I 2.13427 I 721.38 I 52,067.651
12010 I 33,800 I 2,439,600 I 2.17816 I 736.22 I 53,138.391
Current Year Base Value Excess Value Total I 2,152.18 I 155,339.331
Residential 0 0
Commercial 33,800 2,439,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
l TIF Report 2010 February 11,2011
Industrial 100,300 1,289,600
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
11,2011
ercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
-4-
Tax Increment Financing (TIF) Report 2010 Page 118
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 212 2007 OMAHA Name of Project:Giovanna Townhouses,LLC
6th&Pierce Streets
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for South of Downtown townhouses.
Schcode: 28-0001 28-2212
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 I 139,700 I 0 I 2.05403 I 2,869.48 I 0.00I
2008 I 139,700 I 1,219,100 I 2.05498 I 2,870.81 I 25,052.27I
2009 139,700 I 1,285,100 I 2.13427 I 2,981.58 27,427.501
2010 139,700 1,978,600 2.17816 3,042.89 43,097.07
Current Year Base Value Excess Value Total I 11,764.76 I 95,576.841
Residential 132800 1,930,000
Commercial 6,900 48,600
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 213 2007 OMAHA Name of Project:Dial-Kinseth Development,Inc
12th&Jackson Streets
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for hotel/retail/commercial development.
Schcode: 28-0001 28-2213
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 I 751,300 I 0 I 2.05403 I 15,431.93 I 0.00I
12008 I 751,300 I 265,300 I 2.05498 I 15,439.06 I 5,451.861
2009 I 7 51,300 I 178,200 I 2.13427 I 16,034.77 I 3,803.271
12010 I 751,300 I 178,200 I 2.17816 I 16,364.52 I 3,881.481
Current Year Base Value Excess Value Total I 63,270.28 13,136.611
Residential 0 0
Commercial 751,300 178,200
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 214 2007 OMAHA Name of Project:Anzaldo Incontro LLC
4400 South 16th Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for townhome development.
Schcode: 28-0001 28-2214
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12007 I 16,700 I 0 I 2.05403 I 343.02 I 0.00I
12008 I 16,700 I 630,900 I 2.05498 I 343.18 I 12,964.871
12009 I 16,700 I 797,800 I 2.13427 I 356.42 I 17,027.211
12010 I 16,700 I 797,800 I 2.17816 I 363.75 I 17,377.36I
Current Year Base Value Excess Value Total I 1,406.37 I 47,369.441
Residential 16700 797,800
Commercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
11
l TIF Report 2010 February 11,2011
Industrial 100,300 1,289,600
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
11,2011
ercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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-4-
•
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expenditures from
-4-
• • Tax Increment Financing (TIF) Report 2010 Page 119
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 215 2006 OMAHA Name of Project:Coniglia Little Italy,LLC
School: OMAHA 1 Class: 5 CTL-ID# Description:TIF funds used for South housing
Schcode: 28-0001 28-2215
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 I 466,000 I 0 I 2.05403 I 9,571.78 I 0.00I
2008 I 564,600 I 5,406,300 I 2.05498 I 11,602.42 I 111,098.37I
2009 I 564,600 8,855,900 2.13427 I 12,050.09 I 189,008.821
2010 564,600 8,411,200 2.17816 12,297.89 183,209.31
Current Year Base Value Excess Value Total 45,522.18 483,316.58
Residential 564600 8,411,200
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 216 2007 OMAHA Name of Project:S&R Development LLC
School: OMAHA 1 Class: 5 CTL-ID# 3213 South 24th Street
Description:Tif funds used for a medical office.
Schcode: 28-0001 28-2216
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12007 I 274,600 I 0 I 2.05403 1 5,640.37 I 0.00I
12008 I 274,600 I 0 I 2.05498 I 5,642.98 I 0.00
12009 I 274,600 I 1,555,600 I 2.13427 I 5,860.71 I 33,200.701
12010 I 274,600 I 1,555,600 I 2.17816 I 5,981.23 I 33,883.46I
Current Year Base Value Excess Value Total I 23,125.29 67,084.16I
Residential 0 0
Commercial 274,600 1,555,600
Industrial 0 i 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 217 2007 OMAHA Name of Project:Ryan J.Barry TIF Project Plan
School: OMAHA 1 Class: 5 CTL-ID# 3027 Famam St,305 Turner Blvd&311 Turner Blvd
Description:TIF funds used for the rehabilitation and conversion of the 3
Schcode: 28-0001 28-2217 Clarinda Page apt.bldgs.Into 21 condominuium units.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12007 I 295,000 I 0 I 2.05403 I 6,059.39 I 0.00I
12008 I 295,000 I 0 I 2.05498 I 6,062.19 I 0.00I
2009 I 295,000 I 0 I 2.13427 I 6,296.10 I 0.00I
12010 I 295,000 I 1,290,000 I 2.17816 I 6,425.57 I 28,098.26I
Current Year Base Value Excess Value Total I 24,843.25 I 28,098.26I
Residential 295000 1,290,000 1
Commercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
11,2011
ercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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-4-
•
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expenditures from
-4-
Tax Increment Financing (TIF) Report 2010 Page 120
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 218 2007 OMAHA Name of Project:East Campus Realty,LLC
Midtown Crossing at Turner Park
School: OMAHA 1 Class: 5 CTL-ID#
Description:23.30-acre Midtown Crossing mixed use development
Schcode: 28-0001 28-2218
Year Base Value Excess Value Tax Rate TIF Base Tax • TIF Excess Tax
2007 16,101,900 0 2.05403 330,737.86 0.00
2008 I 11,171,100 I 0 I 2.05498 I 229,563.87 I 0.00I
2009 11,171,100 I 2,164,400 I 2.13427 I 238,421.44 46,194.141
2010 10,990,900 61,722,700 2.17816 239,399.39 1,344,419.16
Current Year Base Value Excess Value Total 1,038,122.56 1,390,613.30
Residential 0 0
Commercial 10,990,900 61,722,700
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 219 2007 OMAHA Name of Project:Deel Investments LLC
School: OMAHA 1 Class: 5 CTL-ID# 706 South 18th Street
Description:TIF funds used for the rehabilitation of project site and the
Schcode: 28-0001 28-2219 construction of 6 for sale residential units with off street and underground
parking and other site improvements as required.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 I 13,200 I 0 I 2.05403 I 271.13 I 0.00I
12008 I 13,200 I 0 I 2.05498 I 271.26 I 0.00I
1 200 9 I 13,200 I 0 I 2.13427 I 281.72 I 0.001
12010 I 13,200 I 0 I 2.17816 I 287.52 I 0.001
Current Year Base Value Excess Value Total I 1,111.63 ( 0.001
Residential 13200 0
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 220 2007 OMAHA Name of Project:Burlington Postal
School: OMAHA 1 Class: 5 CTL-ID# 950 South 10th Steet
Description:TIF funds used to renovate historical property into apartments.
Schcode: 28-0001 28-2220
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12007 I 20,000 I 0 I 2.05403 I 410.81 0.00I
2008 20,000 0 2.05498 411.00 0.00
12009 I 20,000 I 0 I 2.13427 I 426.85 I 0.001
12010 I 20,000 I 0 I 2.17816 I 435.63 I 0.00I
Current Year Base Value Excess Value Total 1,684.29 I 0.001
Residential 0 0
Commercial 20,000 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
11,2011
ercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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-4-
•
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CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 221 2006 OMAHA Name of Project:Incontro Enterprises,LLC
School: OMAHA 1 Class: 5 CTL-ID# 60th&Hascall Streets
Description:TIF funds used for development of townhomes.
Schcode: 28-0001 28-2221
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1 2007 I 361,400 I 0 I 2.05403 I 7,423.26 I 0.00I
2008 I 361,400 I 572,900 I 2.05498 I 7,426.70 I 11,772.98I
2009 I 361,400 I 572,900 I 2.13427 7,713.25 I 12,227.231
2010 361,400 572,900 2.17816 7,871.87 12,478.68
Current Year Base Value Excess Value Total I 30,435.08 I 36,478.891
Residential 361400 572,900
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 222 2007 OMAHA Name of Project:Skyline Retirement Communtiy
7350 Graceland Drive
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for redevelopment of cintinuing care retirement
Schcode: 28-0001 28-2222 community.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12008 I 9,627,600 I 0 I 2.05498 I 197,845.25 I 0.00I
12009 I 9,627,600 0 I 2.13427 I 205,478.98 I 0.00I
2010 9,627,600 0 2.17816 209,704.53 0.00
Current Year Base Value Excess Value Total I 613,028.76 I 0.001
Residential 0 0
Commercial 9,627,600 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 223 2007 OMAHA Name of Project:Creighton University/Modern Equipment,Co.
616School: OMAHA 1 Class: 5 CTL-ID# Des Abbot Drive
Description:TIF funds for the development of the North Industrial Airport
Schcode: 28-0001 28-2223 Business Park
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1 2008 I 653,800 I 2.05498 2009 653,800 8,748,900 I 2.13427 I 13,953.86 I 0.001 186,725.151
12010 I 653,800 I 9,224,200 I 2.17816 I 14,240.81 I 200,917.83I
Current Year Base Value Excess Value Total 1 41,630.13 I 387,642.981
Residential 0 0
Commercial 653,800 9,224,200
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
001
Residential 0 0
Commercial 20,000 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Property Assessment Division Annual TIF Report 2010 February 11,2011
11,2011
ercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Total 0.00 I 7,252,082.59
Current Year Base Value Excess Value
Residential 0 0
Commercial 0 58,953,600
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
February 11,2011
February 11,2011
ast six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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expenditures from
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COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 224 2006 OMAHA Name of Project:ALDI,Inc
School: OMAHA 1 Class: 5 CTL-ID# Sutherlands Plaza at Dahlman Ave and L Street
Description:TIF funds used for a South commercial development grocery
Schcode: 28-0001 28-2224 store.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12008 I 177,400 I 481,500 I 2.05498 I 3,645.53 I 9,894.731
2009 I 177,400 I 481,500 I 2.13427 I 3,786.19 I 10,276.511
2010 I 177,400 I 481,500 I 2.17816 3,864.06 I 10,487.841
Current Year Base Value Excess Value Total 11,295.78 30,659.08
Residential 0 0
•
Commercial 177,400 481,500
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 225 2006 OMAHA Name of Project:Sutherlands Plaza,LLC
Dalhman Ave and L Streets
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for South mixed use commercial development.
Schcode: 28-0001 28-2225
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 156,400 0 2.05498 3,213.99 0.00
2009 I 156,400 I 0 I 2.13427 I 3,338.00 I 0.00I
2010 I 156,400 I 0 I 2.17816 I 3,406.64 I 0.001
Current Year Base Value Excess Value Total 9,958.63 0.001
Residential 0 0
Commercial 156,400 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 226 2007 OMAHA Name of Project:South 72nd St Associates LLC
School: OMAHA 1 Class: 5 CTL-ID# 72nd&F Streets
Description:TIF funds used for subdividing&renovating sections of vacant
Schcode: 28-0001 28-2226 industrial bldg&site,platting&development.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12008 I 4,890,000 I 0 I 2.05498 I 100,488.52 I 0.00
2009 I 4,890,000 I 0 I 2.13427 I 104,365.80 I 0.00I
2010 I 4,890,000 I 2,864,800 I 2.17816 I 106,512.02 I 62,399.931
Current Year Base Value Excess Value Total I 311,366.34 I 62,399.931
Residential 0 0
Commercial 0 0
Industrial 4,890,000 2,864,800
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 227 2008 OMAHA Name of Project:Storage Canada,LLC/Brookline Storage Complex,Dino's
School: OMAHA 1 Class: 5 CTL-ID# Storage.
5328 Center Street
Schcode: 28-0001 28-2227 Description:TIF funds used for an electronically and environmentally
controlled,monitored and secured storage complex.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 322,000 0 2.05498 6,617.04 0.00
12009 I 322,000 I 2,747,100 I 2.13427 I 6,872.35 I 58,630.531
2010 I 322,000 I 2,525,100 I 2.17816 I 7,013.68 I 55,000.721
Current Year Base Value Excess Value Total I 20,503.07 I 113,631.251
Residential 0 0
Commercial 322,000 2,525,100
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
t six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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• Tax Increment Financing (TIF) Report 2010 Page 123
COUNTY: 28 DOUGLAS
•
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 228 2008 OMAHA Name of Project:Greenview Estates,LLC
School: OMAHA 1 Class: 5 CTL-ID# Lots 1-14 and Outlook A,a subdivision located southwest of 16th&Grace
Streets
Schcode: 28-0001 28-2228 Description:TIF funds used to redevelop the site to accommodate the
construction of 14 rent-to-own residential units.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 35,100 0 2.05498 721.30 0.00
2009 I 35,100 I 1,587,400 I 2.13427 I 749.13 I 33,879.40I
12010 I 35,100 I 1,587,400 I 2.17816 I 764.53 I 34,576.11
Current Year Base Value Excess Value Total I 2,234.96 I 68,455.51
Residential 35100 1,587,400
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 229 2009 OMAHA Name of Project:CCL&B Johnstone Supply
4747 South 30th Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for total redevelopment of Lots 7&8 of the
Schcode: 28-0001 28-2229 Stockyards Business Park for the construction of a new 30,000 sq ft office,
warehouse and distribution center for Johnstone Supply.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 296,000 0 I 2.05498 I 6,082.74 0.00
2009 296,000 1,990,800 2.13427 6,317.44 42,489.05
. 2010 296,000 1,972,500 2.17816 6,447.35 42,964.21
Current Year Base Value Excess Value Total 18,847.53 85,453.26
Residential 0 0
Commercial 0 0
Industrial 296,000 1,972,500
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 230 2007 OMAHA Name of Project:DLR Group Headquarters Building
65th&Frances Streets
School: OMAHA 1 Class: 5 CTL-ID#
Description:Tif Funds used for the development of new 30,000 sq ft DLR
Schcode: 28-0001 28-2230 Headquarters Building.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 I 252,760 I 0 I 2.05498 I 5,194.17 I 0.00
12009 I 252,760 I 0 I 2.13427 I 5,394.58 I 0.00
12010 I 252,700 I 283,900 I 2.17816 5,504.21 I 6,183.80
Current Year Base Value Excess Value Total 16,092.96 6,183.80
Residential 0 0
Commercial 252,700 283,900
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
28-2227 Description:TIF funds used for an electronically and environmentally
controlled,monitored and secured storage complex.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 322,000 0 2.05498 6,617.04 0.00
12009 I 322,000 I 2,747,100 I 2.13427 I 6,872.35 I 58,630.531
2010 I 322,000 I 2,525,100 I 2.17816 I 7,013.68 I 55,000.721
Current Year Base Value Excess Value Total I 20,503.07 I 113,631.251
Residential 0 0
Commercial 322,000 2,525,100
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
t six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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expenditures from
-4-
•
• Tax Increment Financing (TIF) Report 2010 Page 124
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 231 2009 OMAHA Name of Project:National Atheletic Trainer's Association Board of
School: OMAHA 1 Class: 5 CTL-ID# Certification,Inc.
1415 Harney Street
Schcode: 28-0001 28-2231 Description:TIF funds used for the total rehabilitation and renovation of the
two-story building to provide offices with approximately 3000 sq ft on the first 1
floor to rent as office or for retail business.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1 2008 300,300 I 0 I 2.05498 6,171.10 0.00I
2009 300,300 I 0 2.1.3427 6,409.21 0.00
2010 300,300 I 571,400 I 2.17816 I 6,541.01 I 12,446.011
Current Year Base Value Excess Value Total 19,121.32 12,446.01I
Residential 0 0
Commercial 300,300 571,400
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 232 2010 OMAHA Name of Project:Omaha Collision Company,LLC
School : OMAHA 1 Class: 5 CTL-ID# Lot 4,Block 0,Irregular 1.14 AC,North Omaha Business Park Setion 15
Tnsp 15 Range 13; 2340 Paul St.
Schcode: 28-0001 Unif/LC:00-9000 28-2232 Description:2010 Notice to Divide refiled and replaced project dated April 30,
2008.TIF funds used for acquistion,demolition of interior,rehabilitation and
renovation of the existing,former Jobash/Jones Body Shop building by new
owners,Omaha Collision Co.,LLC a/k/a B Street Collision Center North,LLC.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2010 I 378,900 I 953,200 I 2.17816 8,253.05 20,762.22
Current Year Base Value Excess Value Total 8,253.05 20,762.22
Residential 0 0
Commercial 378,900 953,200
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 233 2007 OMAHA Name of Project:Bluestone Developments Blues Lofts LLC
13th&Webster Streets
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds for the development of 3-story MU loft bldg,containing
Schcode: 28-0001 28-2233 residential&commercial components.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 110,640 0 2.05498 2,273.63 0.00
2009 I 110,640 I 793,360 I 2.13427 I 2,361.36 I 16,932.441
2010 I 110,640 I 2,268,500 I 2.17816 I 2,409.92 I 49,411.561
Current Year Base Value Excess Value Total 7,044.91 I 66,344.00
Residential 0 0
Commercial 110,640 2,268,500
Industrial 0 0
Other 0 0
•
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ase Tax TIF Excess Tax
2008 322,000 0 2.05498 6,617.04 0.00
12009 I 322,000 I 2,747,100 I 2.13427 I 6,872.35 I 58,630.531
2010 I 322,000 I 2,525,100 I 2.17816 I 7,013.68 I 55,000.721
Current Year Base Value Excess Value Total I 20,503.07 I 113,631.251
Residential 0 0
Commercial 322,000 2,525,100
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
t six months. In making such
determination, the governing body may rely upon written undertakings provided
by any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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expenditures from
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• Tax Increment Financing (TIF) Report 2010 Page 125
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 234 2007 OMAHA Name of Project:Riverfront Campus Developers II,LLC
1001 Gallup Drive
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds for the continued rehababilitation and expansion of
Schcode: 28-0001 28-2234 Gallup,Inc.Corporate Campus
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 I 442,000 I 0 I 2.05498 I 9,083.01 I 0.00I
2009 I 442,000 I 0 I 2.13427 I 9,433.47 I 0.00I
2010 I 442,000 I 15,980,600 I 2.17816 I 9,627.47 I 348,083.04I
Current Year Base Value Excess Value Total I 28,143.95 I 348,083.04I
Residential 0 0
Commercial 442,000 15,980,600
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 235 2009 OMAHA Name of Project:2566 Leavenworth,LLC
2562/2566 Leavenworth Street
School: OMAHA 1 Class: 5 CTL4D#
Description:TIF funds used for the acquisition and renovation of the building
Schcode: 28-0001 28-2235 to house the offices of the Alliant Group.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 I 375,600 I 0 I 2.05498 I 7,718.50 I 0.00I
12009 I 375,600 I 0 I 2.13427 I 8,016.32 I 0.00
12010 I 271,000 I 1,522,200 I 2.17816 I 5,902.81 I 33,155.951
Current Year Base Value Excess Value Total 21,637.63 I 33,155.951
Residential 0 0
Commercial 271,000 1,522,200
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 236 2007 OMAHA Name of Project:Building 500 LLC
500 SSchool: OMAHA 1 Class: 5 CTL-ID# Dei Street
Descrripttionion:TIF funds used for the conversion of historical Standard Oil
Schcode: 28-0001 28-2236 Building,built in 1921,into a multi-story,multi-mixed use
residential/office/retail/rental and condo project.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 711,000 0 2.05498 14,610.91 0.00
2009 I 711,000 I 0 I 2.13427 I 15,174.66 I 0.00I
12010 I 700,000 I 0 I 2.17816 I 15,247.12 I 0.00I
1 Current Year Base Value Excess Value Total I 45,032.69 I 0.00
Residential 0 0
Commercial 700,000 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 237 2007 OMAHA Name of Project:No Man's Land,LLC
232School: OMAHA 1 Class: 5 CTL-ID# Des Paul Street
Description:TIF funds used for the development of 20,000 sq ft office and
Schcode: 28-0001 28-2237 operations building for Signs&Shapes International.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 65,800 0 2.05498 1,352.18 0.00
2009 I 65,800 I 0 2.13427 I 1,404.35 0.001
12010 I 65,800 I 756,800 I 2.17816 I 1,433.23 I 16,484.311
ICurrent Year Base Value Excess Value Total 4,189.76 I 16,484.311
Residential 0 0
Commercial 65,800 756,800
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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Tax Increment Financing (TIF) Report 2010 Page 126
w COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 238 2008 OMAHA Name of Project:Logan Holdings Housing Partners
School: OMAHA 1 Class: 5 CTL-ID# No project plan rceived from city
Schcode: 28-0001 28-2238
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 I 503,000 I 0 I 2.05498 I 10,336.55 I 0.00I
12009 I 503,000 I 0 I 2.13427 I 10,735.38 I 0.00I
12010 I 503,000 I 0 1 2.17816 10,956.14 0.00
Current Year Base Value Excess Value Total 32,028.07 0.00
Residential 503000 0
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 239 2008 OMAHA Name of Project:Nebraska cold storage.
This project was cancelled.
School: OMAHA 1 Class: 5 CTL-ID#
Schcode: 28-0001 28-2239
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 410,000 0 2.05498 8,425.42 0.00
2009 I 410,000 I 0 I 2.13427 I 8,750.51 I 0.00I
12010 I 410,000 I 0 I 2.17816 I 8,930.46 I 0.00I
Current Year Base Value Excess Value Total 26,106.39 I 0.001
Residential 0 0
Commercial 410,000 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 240 2007 OMAHA Name of Project:Aldi,Inc
School: OMAHA 1 Class: 5 CTL-ID# Sorensen&30th Street
Description:TIF funds used to facilitate the rehabilitation of the site to
Schcode: 28-0001 28-2240 develop a 16,560 sq ft Aldi's Inc discount grocery store with 70 plus parking
spaces and site entrances on both streets.
I Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax I
2008 216,100 0 2.05498 4,440.81 0.00I
12009 I 216,100 I 0 I 2.13427 I 4,612.16 I 0.00
12010 I 216,100 I 906,800 I 2.17816 I 4,707.00 I 19,751.55I
Current Year Base Value Excess Value Total I 13,759.97 19,751.551
Residential 0 0
Commercial 216,100 906,800
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 241 2007 OMAHA Name of Project:901 Land LLC
School: OMAHA 1 Class: 5 CTL-ID# Between 11th Plaza&Marcy Plaza at 11th&Leavenworth
Description:TIF funds used for the continued rehabilitation&redevelopment
Schcode: 28-0001 28-2241 of project site with construction of 15-unit loft 5-story building.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 1,500 150,000 2.05498 30.82 3,082.50
2009 I 1,500 I 150,000 I 2.13427 I 32.01 I 3,201.401
12010 I 1,500 I 3,931,000 I 2.17816 I 32.67 I 85,623.47I
Current Year Base Value Excess Value Total I 95.50 I 91,907.37I
Residential 1500 3,931,000
Commercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ICurrent Year Base Value Excess Value Total 4,189.76 I 16,484.311
Residential 0 0
Commercial 65,800 756,800
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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Tax Increment Financing (TIF)Report 2010 Page 127
• COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 242 2008 OMAHA Name of Project:Bakers Supply,LTD
1307/1309 Leavenworth Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for the construction of medical offices,general
Schcode: 28-0001 28-2242 office space,and twelve loft style apartments and other residential uses.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 961,200 0 2.05498 19,752.47 0.00
2009 I 961,200 I 310,900 I 2.13427 I 20,514.60 I 6,635.451
2010 I 961,200 I 643,800 I 2.17816 I 20,936.47 14,022.99I
Current Year Base Value Excess Value Total 61,203.54 20,658.44
Residential 0 0
Commercial 961,200 643,800
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 243 2009 OMAHA Name of Project:Urban Chiral LLC/Driscoll Leather
School: OMAHA 1 Class: 5 CTL-ID# No project plan received from City.
Schcode: 28-0001 28-2243
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 I 128,600 I 0 I 2.05498 I 2,642.70 I 0.00I
2009 I 128,600 1 0 I 2.13427 I 2,744.67 I 0.00I
2010 I 128,600 I 0 I 2.17816 I 2,801.11 I 0.00I
1 Current Year Base Value Excess Value Total I 8,188.48 I 0.00
Residential 0 0
Commercial 128,600 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 244 2009 OMAHA Name of Project:Help the Homeless of the Metro,LLC
School: OMAHA 1 Class: 5 CTL-ID# No project jplan received from City
Schcode: 28-0001 28-2244
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 10,000 0 2.05498 205.50 0.00
2009 I 10,000 I 0 2.13427 I 213.43 I 0.00I
2010 I 10,000 I 0 I 2.17816 I 217.82 I 0.00I
Current Year Base Value Excess Value Total I 636.75 I 0.001
Residential 10000 0
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 245 2007 OMAHA Name of Project:Courtland Place No.2
12thSchool: OMAHA 1 Class: 5 CTL-ID# Description:&Leavenworth
TIF funds TIF funds used for the contnued redevelopment of project site
Schcode: 28-0001 28-2245 with construction of 29 additional rowhouses.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 433,100 0 2.05498 8,900.12 0.00
2009 I 433,100 I 13,600 I 2.13427 I 9,243.52 I 290.26I
2010 I 433,100 I 2,854,900 I 2.17816 I 9,433.61 I 62,184.29
Current Year Base Value Excess Value Total I 27,577.25 62,474.551
Residential 433100 2,854,900
Commercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ICurrent Year Base Value Excess Value Total 4,189.76 I 16,484.311
Residential 0 0
Commercial 65,800 756,800
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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• .• Tax Increment Financing (TIF) Report 2010 Page 128
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 246 2008 OMAHA Name of Project:Quad Tech,LLC(Blue Cross Blue Shield Headquarters
School: OMAHA 1 Class: 5 CTL-ID# 1919e Building
919 Aksarben Drive
Schcode: 28-0001 Unif/LC:00-9000 28-2246 Description:TIF funds used for the acquisition,rehabilitation and design for
the office headquarters and parking garage.This 10.3 acre tract will develop
315,000 sq ft of new corportate office building.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12009 I 2,446,700 0 2.13427 52,219.181 0.00
12010] 2,446,700 3,368,800 _ 2.17816 53,293.04 73,377.85
Current Year Base Value Excess Value Total 105,512.22 I_ 73,377.851
Residential 0 0
Commercial 2,446,700 3,368,800
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 247 2009 OMAHA Name of Project:Gahm's Block,LLC
1202 Howard Street
School: OMAHA 1 Class: 5 CTL-ID#
Description:TIF funds used for the conversion and rehabilitation of the upper
Schcode: 28-0001 Unif/LC:00-9000 28-2247 floors 2-6 of the building into market-rate aprtments and continue commercial
uses currently in place on the main floor.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2009 I 815,000 I 163,100 I 2.13427 I 17,394.30 I 3,480.991
2010 I 815,000 I 163,100 I 2.17816 I 17,752.00 I 3,552.581
Current Year Base Value Excess Value Total I 35,146.30 I 7,033.571
Residential 0 0
Commercial 815,000 163,100
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 248 2009 OMAHA Name of Project:Fores Hills Properties,LLC(The Dunsany)
School: OMAHA 1 Class: 5 CTL-ID# 1113 South 10th Street
Description:TIF funds used to rehabilitate and convert'The Dunsany"a
Schcode: 28-0001 Unif/LC:00-9000 28-2248 historic apartment building into 18 residential condos and 1 retail
condominium for a total of approximately 23,400 sq ft of sellable retail space.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2009 4,342,200 0 2.134271 92,674.27 0.001
2010 434,200 1,364,200 2.17816 9,457.57 29,714.46
Current Year Base Value Excess Value Total 102,131.84 29,714.46
Residential 142800 1,296,600
Commercial 291,400 67,600
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 249 2009 OMAHA Name of Project:Zone 5,LLC Phase 11
School: OMAHA 1 Class: 5 CTL-ID# Aksarben Village Northeast of 67th and Center Streets
Description:TIF funds used for midtown mixed-used development and
Schcode: 28-0001 Unif/LC:00-9000 28-2249 entertainment center containing 91,054 sq ft.
IYear Base Value Excess Value I Tax Rate I TIF Base Tax TIF Excess Tax
2009 550,100 0 2.13427 11,740.62 0.00
2010 I 550,100 I 1,007,700 I 2.17816 11,982.06 21,949.321
Total 23,722.68 21,949.32
Current Year Base Value Excess Value
Residential 0 0
Commercial 550,100 1,007,700
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
010 February 11,2011
any owner of property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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expenditures from
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• Tax Increment Financing (TIF) Report 2010 Page 129
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 251 2010 OMAHA Name of Project:OMAR-5,LLC
School: OMAHA 1 Class: 5 CTL-ID# W73ft of N132ft Sublot 1 Tax Lot 16 in SE1/4 NW1/4 Section 21 T15 R13;
4383 Nicholas St.Omaha
Schcode: 28-0001 Unif/LC:00-9000 28-2251 Description:Rehabilitation and conversion of Omar Baking Company into a
campus complex of office and warehouse suites with limited shared services,
common areas and facilities.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2010 I 231,000 I 0 I 2.17816 I 5,031.55 0.00I
Current Year Base Value Excess Value Total I 5,031.55 0.00
Residential 0 0
Commercial 0 0
Industrial 231,000 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 252 2010 OMAHA Name of Project:TBF Company,LLC Southern Valley Townhomes
School: OMAHA 1 Class: 5 CTL-ID# Lots 3 through 12 Block 13 Brown Park and Lots 2 through 24 Block 16
Brown Park;Parcels were replatted;located between 17th and 18th 0 and S
Schcode: 28-0001 Unif/LC:00-9000 28-2252 Streets.
Description:Acquisition,demolition,redevelopment and expansion of a
project area for creation of a new housing subdivision Southern Valley
Townhomes.
•
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12010 I 396,000 I 0 I 2.17816 I 8,625.51 I 0.00I
Current Year Base Value Excess Value Total 8,625.51 I 0.001
Residential 0 0
Commercial 0 0
Industrial 396,000 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 253 2010 OMAHA Name of Project:Marcy Mason,LLC
School: OMAHA 1 Class: 5 CTL-ID# Lots 1 through 35,Block 25,Leavenworth Business Place,together with the
west half of the vacated 39th street;located at 39th and 40th Streets between
Schcode: 28-0001 Unif/LC:00-9000 28-2253 Marcy and Mason Streets
Description:Acquistion,demolition,rehabilitation,total redevelopment and
adaptive reuse of industrial project site into a 47-unit,market rate,mixed-use
housing subdivision.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2010 308,900 0 2.17816 6,728.34 0.00
Current Year Base Value Excess Value Total I 6,728.34 I 0.001
Residential 0 0
Commercial 0 0
Industrial 308,900 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 254 2010 OMAHA Name of Project:Capitol Rows,LLC
School: OMAHA 1 Class: 5 CTL-ID# Lot 2 Reeds Capitol Addition;located between 22nd and 24th Streets and
Chicago to Davenport Streets
Schcode: 28-0001 Unif/LC:00-9000 28-2254 Description:Redevelopment of area between 22nd to 24th Streets and
Chicago to Davenport Streets for 82 residential,multi-family units and a
commerical bay.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12010 I 636,800 I 0 I 2.17816 I 13,870.52 I 0.00I
Current Year Base Value Excess Value Total I 13,870.52 I 0.001
Residential 0 0
Commercial 636,800 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
f property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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• Tax Increment Financing (TIF) Report 2010 Page 130
•
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 255 2010 OMAHA Name of Project:828 South 17th St,LLC
School: OMAHA 1 Class: 5 CTL-ID# Pt Vac 16st&Vac 17st&alley adj except PT for ST;Pt Lot 6 except for ST;
Lots 7&8 except 10ft;Lots 9&10;Irreg N Pt LT 11 Block 7;Irreg SE Pt Lot
Schcode: 28-0001 Unif/LC:00-9000 28-2255 11 &S Pt Lot 12&All Lot 13&SE Pt Lot 14&All Lots 15 through 20&Nthly
Pt Lots 21 &22 Kountz&Ruths Additions
Parcel#3249-0006-15
Description:Provide for plant expansion and remodel of an existing building
that will increase manufacturing capacity of current tenant and keep up with
increasing sales demands.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2010 602,900 0 2.17816 13,132.13 0.00
Current Year Base Value Excess Value Total 13,132.13 0.00
Residential 0 0
Commercial 0 0 •
Industrial 602,900 0
Other 0 0
•
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT 256 2010 OMAHA Name of Project: 1009 Capital Avenue,LLC
School: OMAHA 1 Class: 5 CTL-ID# Lot 1 &2,Block 92,Original City Omaha
Description:Renovation,restoration,expansion and conversion of two
Schcode: 28-0001 Unif/LC:00-9000 28-2256 existing structures into three to four distinct office and/or retail spaces.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2010 I 602,900 I 0 I 2.17816 I 13,132.13 I 0.00I
Current Year Base Value Excess Value Total I 13,132.13 0.00
Residential 0 0
Commercial 0 0
Industrial 602,900 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT RALST 10 2006 RALSTON Name of Project:Keystone Ralston,LLC
School: RALSTON 54 Class: 3 CTL-ID# Lots 2&3,GT3 Replat 1 (72nd&Q Streets,Ralston)
Description:TIF funds used for site preparation,public improvements,
Schcode: 28-0054 28-5459 acquisition of land,and other specific costs for the construction of an
approximate 10,000 sq ft building on Lot 2 and an approximate 18,000 sq ft
builidng on Lot 3 for commercial uses.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2006 732,800 0 2.19967 16,119.18 0.00
2007 732,800 0 2.14946 15,751.24 0.00
2008 732,800 733,500 , 2.15299 15,777.11 15,792.18
2009 732,800 2,021,400 2.21692 16,245.59 44,812.82
2010 732,800 2,158,600 2.24944 16,483.90 48,556.41
Current Year Base Value Excess Value Total 80,377.02 109,161.41
Residential 0 0
Commercial 732,800 2,158,600 •
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
opment of area between 22nd to 24th Streets and
Chicago to Davenport Streets for 82 residential,multi-family units and a
commerical bay.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12010 I 636,800 I 0 I 2.17816 I 13,870.52 I 0.00I
Current Year Base Value Excess Value Total I 13,870.52 I 0.001
Residential 0 0
Commercial 636,800 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
f property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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•
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expenditures from
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• Tax Increment Financing (TIF) Report 2010 . Page 131
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT RALST 11 2006 RALSTON Name of Project:Shoppes at Lakeview
South 72nd&Q Streets
School: RALSTON 54 Class: 3 CTL-ID#
Description:TIF funds used for public,buildig and site improvements for mix
Schcode: 28-0054 28-5460 commercial,retail and office use.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 I 502,400 I 0 2.14946 I 10,798.89 I 0.00I
2008 I 502,400 I 0 I 2.15299 I 10,816.62 I 0.00I
2009 502,400 627,500 2.21692 11,137.81 13,911.17
2010 502,400 627,500 2.24944 11,301.19 14,115.241
Current Year Base Value Excess Value Total 44,054.51 28,026.41
Residential 0 0
Commercial 502,400 627,500
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT RALST 12 2005 RALSTON Name of Project:Hoifh Lakeview Village Apartments,LLC 5003 County Club
School: RALSTON 54 Class: 3 CTL-ID# Circle Description:TIF funds used for site and building improvements for
modem multi-family use
Schcode: 28-0054 28-5461
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2007 I 750,000 I 268,000 I 2.14946 I 16,120.95 I 5,760.551
2008 I 750,000 I 268,000 I 2.15299 I 16,147.42 5,770.011
2009 750,000 268,000 2.21692 16,626.90 5,941.35
2010 I 750,000 I 268,000 I 2.24944 I 16,870.80 I 6,028.501
Current Year Base Value Excess Value Total 65,766.07 I 23,500.41I
Residential 0 0
Commercial 750,000 268,000
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIE REDEVELOPMENT RALST 13 2010 RALSTON Name of Project:KEYFM Lakeview,LLC
School: RALSTON 54 Class: 3 CTL-ID# Lot 1&2,Lakeview Center Addtion Ralston and the remainder of Lakeview
Golf Course property(parcel#0126080015)and Lot 1,GT3 Replat 1 (Parcel
Schcode: 28-0054 Unif/LC:00-9000 28-5462 #1222600250).
Description:Initial phase to develop on Lot 1,Lakeview Center is the
construction of 252 apartments and public improvements to serve the
development.Additional development will consist of residential,commercial
and retail development.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2010 780,500 0 2.24944 17,556.88 0.00
Current Year Base Value Excess Value Total I 17,556.88 0.001
Residential 0 0
Commercial 780,500 0
Industrial 0 0
•
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
2,158,600 •
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
opment of area between 22nd to 24th Streets and
Chicago to Davenport Streets for 82 residential,multi-family units and a
commerical bay.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
12010 I 636,800 I 0 I 2.17816 I 13,870.52 I 0.00I
Current Year Base Value Excess Value Total I 13,870.52 I 0.001
Residential 0 0
Commercial 636,800 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
f property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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expenditures from
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Tax Increment Financing (TIF) Report 2010 Page 132
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT RALST 3 1996 RALSTON Name of Project:The Ralston A 72nd Street Self-Storage Redevelopment
School: RALSTON 54 Class: 3 CTL-ID# Lots 1-7,Block 1;Lot 1 Block 2,parts of Lots 2&3,Block 2;and part of lot 1,
Block 10;and parts of Block 11,First Addition to the Village of Ralston.
Schcode: 28-0054 28-5452 Description:Project consists of 20,000 sq ft of office and self-storage facilities
providing for both inside and outside storage situated on approximately 2 1/2
acres.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
1997 46,100 296,800 2.64615 1,219.88 7,853.77
1998 46,100 296,800 2.30934 1,064.62 6,854.12
1999 46,100 443,300 2.18456 1,007.08 9,684.15
2000 46,100 735,000 2.14095 986.98 15,735.98
2001 46,100 735,000 2.28059 1,051.35 16,762.34
2002 46,100 734,600 2.292 1,056.61 16,837.03
2003 46,100 734,600 2.39067 1,102.10 17,561.86
2004 46,100 901,840 2.39007 1,101.82 21,554.61
2005 46,100 901,800 2.36388 1,089.75 21,317.47
2006 46,100 901,800 2.19967 1,014.05 19,836.62
2007 46,100 901,800 2.14946 990.90 19,383.83
2008 46,100 901,800 2.15299 992.53 19,415.66
2009 46,100 901,800 2.21692 1,022.00 19,992.18
2010 46,100 901,800 2.24944 1,036.99 20,285.45
Current Year Base Value Excess Value Total 14,736.66 233,075.07
Residential 0 0
Commercial 0 0
Industrial 46,100 901,800
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT RALST 4 1999 RALSTON Name of Project:Burlington Street Redevelopment
5700 South 75th Street
School: RALSTON 54 Class: 3 CTL-ID#
Description:TIF funds used for acquisition,demolition,grading and site
Schcode: 28-0054 28-5453 preparation.Business is theatrical construction,warehouse and office space
with additional ground for future development.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2000 257,300 0 2.14095 5,508.66 0.00
2001 257,300 1,457,000 2.28059 5,867.96 33,228.20
2002 257,300 1,457,000 2.292 5,897.32 33,394.44
2003 257,300 1,457,000 2.39067 6,151.19 34,832.06
2004 257,300 1,604,140 2.39007 I 6,149.65 I 38,340.07
2005 257,300 1,604,100 2.36388 6,082.26 37,919.00
2006 257,300 I 1,604,100 2.19967 I- 5,659.75 I 35,284.91
2007 I 257,300 I 1,604,100 2.14946 I 5,530.56 I 34,479.49
2008 257,300 I 1,604,100 2.15299 I 5,539.64 I 34,536.11
2009 257,300 1,604,100 I 2.21692 I 5,704.14 I 35,561.61
2010 257,300 1,776,400 2.24944 5,787.81 39,959.05
Current Year Base Value Excess Value Total 63,878.94 I 357,534.94
Residential 0 0
Commercial 0 0
Industrial 257,300 1,776,400
Other 0 0
•
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Tax Rate TIF Base Tax TIF Excess Tax
12010 I 636,800 I 0 I 2.17816 I 13,870.52 I 0.00I
Current Year Base Value Excess Value Total I 13,870.52 I 0.001
Residential 0 0
Commercial 636,800 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
f property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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expenditures from
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•
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT RALST 5 2000 RALSTON Name of Project:The Colonies at Cedar Crest(Venture Development Group,
School: RALSTON 54 Class: 3 CTL-ID# Inc.&Rosenthal Family,LLC)
Lots 1 -25,The Colonies at Cedar Crest,an addition to the City of Ralston.
Schcode: 28-0054 28-5454 Description:TIF funds used for the purpose of puchasing land,installation of
public improvements(streets,curb&gutter,water,sewer,other utilities and
earthwork),site preparation,engineering,construction,landscaping and
professional fees for the development of a residential community consisting
of 24 single-family home lots,one larger lot intended for 2 townhouse and 12
condominiums on a site approximately 11 acres in total.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2002 227,100 255,300 2.292 5,205.13 5,851.48
2003 227,100 1,638,100 2.39067 5,429.21 39,161.57
2004 227,100 3,704,300 2.39007 5,427.85 88,535.36
2005 227,100 4,480,000 2.36388 5,368.37 105,901.82
2006 227,100 4,583,700 2.19967 4,995.45 100,826.27
2007 227,100 5,258,900 2.14946 4,881.42 113,037.95
2008 227,100 5,956,300 2.15299 4,889.44 128,238.51
2009 227,100 6,075,900 2.21692 5,034.63 134,697.84
2010 227,100 5,582,000 2.24944 5,108.48 125,563.74
Current Year Base Value Excess Value Total 46,339.98 841,814.54
Residential 0 0
Commercial 227,100 5,582,000
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT RALST 6 2000 RALSTON Name of Project:Plywood,Inc.
School: RALSTON 54 Class: 3 CTL-ID# 5853 South 77th Street(comer of 77th&Serum Ave)
Description:TIF funds used for the purpose of land acquisition,demolition of
Schcode: 28-0054 28-5455 existing building,installation of public utilities and site preparation for the
development of a commercial/warehouse/office building of approximately
24,000 sq ft on a site of approximately 1.6 acres.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2002 119,100 809,600 2.292 2,729.77 18,556.03
2003 119,100 1,723,800 2.39067 2,847.29 41,210.37
2004 119,100 1,723,800 2.39007 2,846.57 41,200.03
2005 119,100 1,723,800 2.36388 2,815.38 40,748.56
2006 119,100 1,723,800 2.19967 2,619.81 37,917.91 •
2007 119,100 1,723,800 2.14946 2,560.01 37,052.39
2008 119,100 1,723,800 2.15299 2,564.21 37,113.24
2009 119,100 1,499,600 2.21692 2,640.35 33,244.93
2010 119,100 1,499,600 2.24944 2,679.08 33,732.60
Current Year Base Value Excess Value Total 24,302.47 320,776.06
Residential 0 0
Commercial 119,100 1,499,600
Industrial 0 0
Other 0 0
•
•
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
Tax Rate TIF Base Tax TIF Excess Tax
12010 I 636,800 I 0 I 2.17816 I 13,870.52 I 0.00I
Current Year Base Value Excess Value Total I 13,870.52 I 0.001
Residential 0 0
Commercial 636,800 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
f property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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•
• COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT RALST 7 2000 RALSTON Name of Project:Keystone Ralston,LLC.
School: RALSTON 54 Class: 3 CTL-ID# Lots 1-5,inclusive and Outlot 1,all in Lakeview Commercial Park,a
subdivisiion in the City of Ralston.(SW corner of 72nd and Q Streets)
Schcode: 28-0054 28-5456 Description:TIF funds used for the purpose of land acquisition,demolition of
existing buildings,installation of public utilities and site preparation for the
development of a commercial/office business park consisting of
approximately 49,000 sq ft of commercial/office buildings on a site of
approximately 11 acres.
Note:This project is in two phases and the base is being divided between the
two projects.Reason for base change.City has the two Keystone Projects as
one.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2002 423,200 371,200 2.292 9,699.74 8,507.901
2003 423,200 2,044,900 2.39067 10,117.32 48,886.811
2004 412,200 5,076,800 2.39007 9,851.87 121,339.07
2005 561,800 6,304,900 2.36388 13,280.28 149,040.271
2006 412,200 7,462,000 2.19967 9,067.04 164,139.381
2007 412,200 7,462,000 2.14946 8,860.07 160,392.711
2008 412,200 7,462,000 2.15299 8,874.62 160,656.11I
2009 412,200 7,657,700 2.21692 9,138.14 169,765.08
2010 412,200 6,864,800 2.24944 9,272.19 154,419.561
Current Year Base Value Excess Value Total 88,161.27 1,137,146.891
Residential 0 0
Commercial 412,200 6,864,800
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT RALST 8 2000 RALSTON Name of Project:Keystone Ralston,LLC,Phase II(part of project 7)
School: RALSTON 54 Class: 3 CTL-ID# Lots 1-5,inclusive and Outlot 1,all in Lakeview Commercial Park,a
subdivisiion in the City of Ralston.(SW corner of 72nd and Q Streets)
Schcode: 28-0054 28-5457 Description:TIF funds used for the purpose of land acquisition,demolition of
existing buildings,installation of public utilities and site preparation for the
development of a commercial/office business park consisting of
approximately 49,000 sq ft of commercial/office buildings on a site of
approximately 11 acres.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2004 82,000 402,800 2.39007 1,959.86 9,627.20
2005 231,600 1,713,000 2.36388 5,474.75 40,493.26
2006 231,600 2,989,000 2.19967 5,094.44 65,748.14
12007 I 231,600 2,989,000 I 2.14946 I 4,978.15 I 64,247.36.
2008 I 231,600 I 2,989,000 I 2.15299 I 4,986.32 I 64,352.87I
2009 I 231,600 I 2,989,000 I 2.21692 I 5,134.39 I 66,263.741
2010 I 231,600 2,989,000 I 2.24944 I 5,209.70 I 67,235.76I
1 Current Year Base Value Excess Value Total I 32,837.61 I 377,968.33
Residential 0 0
Commercial 231,600 2,989,000
Industrial 0 0
Other 0 10
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ase Value Excess Value Total I 13,870.52 I 0.001
Residential 0 0
Commercial 636,800 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
f property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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, Tax Increment Financing(TIF)Report 2010 Page 135
•
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT RALST 9 2004 RALSTON Name of Project:J&M Ralston Granary LLC
School: RALSTON 54 Class: 3 CTL-ID# 7401 &7305 Main Street
Description:Site Acquisition,demolition and site preparation including re-
Schcode: 28-0054 28-5458 locating utilities,re-grading,installing lighting and landscaping to transform
the property into a regional destination center with tenant offering food and
entertainment services,retail shopping,art galleries and artists workshopd
with emphasis on the county western theme.
Valuation will began in 2005.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2004 0 ,0 2.39007 0.001 0.00
2005 1,032,100 250,700 2.36388 24,397.611 5,926.25
2006 1,032,100 833,900 2.19967 22,702.791 18,343.05
2007 1,032,100 833,900 2.14946 22,184.58 I 17,924.35
2008 1,032,100 833,900 2.15299 22,221.011 17,953.78
2009 1,032,100 1,137,900 2.21692 22,880.831 25,226.33
2010 1,032,100 I 1,137,900 2.24944 23,216.471 25,596.38
Current Year Base Value Excess Value Total 137,603.29 110,970.14
Residential 0 0
Commercial 1,032,100 1,137,900
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT VALLEY 1 2003 VALLEY Name of Project:Valley Shores
School: DOUGLAS CO.WEST CO Class: 3 CTL-ID# Lots 1-144 and Out Lots 1-8,Valley Shores Subdivision
Description:TIF funds used for infrastructure to develop approximately 140
Schcode: 28-0015 28-1571 lakeside homes and 4 commercial buildings.
Year Base Value Excess Value Tax Rate TIF Base Tax I TIF Excess Tax
2006 I 638,300 I 1,091,800 2.21724 14,152.641 24,207.83
2007 I 638,300 I 4,797,800 2.22155 14,180.151 106,585.53
2008 I 638,300 10,223,800 I 2.22642 14,211.241 227,624.71
2009 I 638,300 14,429,700 2.20526 14,076.171 318,212.40
2010 I 638,300 17,328,800 2.12265 13,548.871 367,829.77
Current Year Base Value Excess Value Total 70,169.07 1,044,460.24
Residential 638300 17,328,800
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT VALLEY 2 2006 VALLEY Name of Project:Dial Land Development,Inc(Mallard Lake)
School: DOUGLAS CO.WEST CO Class: 3 CTL-ID# All the lots and lands included within the Mallard Lake Addition.
Description:TIF funds used to acquire,develop and rehabilitate the Mallard
Schcode: 28-0015 28-1572 Lake area by constructing an approximately 149 lot single family housing
development.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 19,100 , 0 2.22642 425.25 0.00
2009 19,100 0 2.20526 421.20 0.00
2010 22,900 0 . 2.12265 486.09 0.00
Total 1,332.54 0.00
Current Year Base Value Excess Value
Residential 22900 0
Commercial 0 0 •
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 - February 11,2011
er 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
f property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
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Tax Increment Financing (TIF) Report 2010 Page 136
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT VALLEY 3 2009 VALLEY Name of Project:Menard,Inc.
A tract of land in Seciton 6-T15-R9
School: DOUGLAS CO.WEST CO Class: 3 CTL-ID#
Description:TIF funds used for developer to construct a t ss manufacturing
Schcode: 28-0015 Unif/LC:00-9000 28-1573 facility,trailer parking and loading facility,and sheet steel facilty together with
all equipment necessary for the operation thereof.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2009 I 1,962,180 I 17,130 I 2.20526 ( 43,271.17 I 377.761
2010 I 1,907,040 I 977,370 I 2.12265 I 40,479.78 I 20,746.14I
1
Current Year Base Value Excess Value Total 83,750.95 I 21,123.90
Residential 0 0
Commercial 0 0
Industrial 1,666,900 960,200
Other 240,140 17,170 •
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT VALLEY 4 2010 VALLEY Name of Project:Mallard Lake
Lot 16 Mallard Lake Phase 1,Lots 23,29,36,42,43,44,45,46 and 47;
School: DOUGLAS CO.WEST CO Class: 3 CTL-ID#
Mallard Lake Phase 1,Replat 1;Lots 1 &3,Mallard LakelPhase 1,Replat 2,
Schcode: 28-0015 Unif/LC:00-9000 28-1574 Lot 3,Mallard Lake Phase 1,Replat 3;and Lots 52 and 66 Mallard Lake
Phase 2,Valley NE
Description:Project acquisition and infrastructure development.
Year Base Value Excess Value Tax Rate TIF Base Tax I TIF Excess Tax
2010 I 28,000 ( 4,716,500 I 2.12265 I 594.34 II 100,114.791
Current Year Base Value Excess Value Total I 594.3411 100,114.79I
Residential 28000 4,716,500
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT WATERL 3 2005 WATERLOO Name of Project:Homes at River Road,LLC
School: DOUGLAS CO.WEST CO Class: 3 CTL-ID# All the lots and lands included within the Homes at the River Road
Subdivision to the Village of Waterloo
Schcode: 28-0015 28-1533 Description:Developer will acquire and develop approximately 120 residential
lots and related infrastructure to develop 18 lots as part of first phase.
Thereafter,additional development will occur at the rate of 15 additional
residential lots annually.
This plan was amended on 7/17/2006 to include additional lots.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2005 I 30,300 455,000 • 2.14914 651.19 9,778.591
2006 30,300 1,966,600 2.11707 641.47 41,634.30
2007 30,300 2,115,200 2.01694 611.13 42,662.31
2008 30,300 2,125,900 1.98671 601.97 42,235.49
12009 30,300 2,097,200 1.99846 605.53 41,911.70I
2010 30,300 2,098,500 2.02107 612.38 42,412.15
1 Current Year Base Value Excess Value Total I 3,723.67 220,634.54
Residential 30300 2,098,500
Commercial 0 0
Industrial 0 0
Other 0 0
•
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ential 22900 0
Commercial 0 0 •
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 - February 11,2011
er 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
f property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
-4-
i
•
Tax Increment Financing (TIF)Report 2010 Page 137
COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT WATERL 4 2006 WATERLOO Name of Project:Homes at River Road,LLC#4
Part of the lots and lands included within the Homes at the River Road
School: DOUGLAS CO.WEST CO Class: 3 CTL-ID# Subdivision to the Village of Waterloo
Schcode: 28-0015 28-1534 Description:This is part of the orginal Project#3 with the tlevelopment of 15
additional residential lots.
Year Base Value Excess Value Tax Rate TIF Base Tax I TIF Excess Tax
2006 I 680,800 I 0 I 2.11707 I 14,413.011 0.00
2007 I 114,600 I 2,990,200 I 2.01694 I 2,311.411 60,310.54
2008 I 114,600 I 1,148,700 ( 1.98671 1 2,276.771 22,821.34
2009 I 114,600 I 1,108,700 1.998461 2,290.24I 22,156.93
2010 I 114,600 I 1,108,700 ( 2.02107 I 2,316.151 22,407.60
Current Year Base Value Excess Value Total 23,607.58 127,696.41
Residential 114600 1,108,700
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT WATERL 5 2007 WATERLOO Name of Project:Homes at River Road,LLC#5
Part of the lots and lands included within the Homes at the River Road
School: DOUGLAS CO.WEST CO Class: 3 CTL-ID# Subdivision to the Village of Waterloo
Schcode: 28-0015 28-1535 Description:This is a continuation of Project#3 to includ 115 additional lots
as originally planned.
Year Base Value Excess Value Tax Rate TIF Base Tax I TIF Excess Tax
2007 55,700 0 2.01694 1,123.44 0.00
2008 55,700 2,887,200 1.98671 1,106.601 57,360.27
2009 55,700 2,921,100 _ 1.99846 1,113.141 58,377.021
2010 55,700 2,831,200 2.02107 1,125.741 57,220.53
Current Year Base Value Excess Value Total I 4,468.92 172,957.821
Residential 55700 2,831,200
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIE REDEVELOPMENT WATERL 6 2007 WATERLOO Name of Project:Properties Unlimited,LLC(Waterloo Business Park)
School: DOUGLAS CO.WEST CO Class: 3 CTL-ID# Tracts of land in Section 10-T15-R10
Description:TIF funds used for commercial land development and
Schcode: 28-0015 28-1536 infrastructure improvements;architectural engineering and other eligible costs
for the Waterloo Business Park.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2008 368,600 I 1,875,200 I 1.98671 I 7,323.01 I 37,254.791
12009 41,300 I 1,003,600 I 1.99846 I 825.36 I 20,056.54
2010 I 41,300 I 1,435,000 I 2.02107 I 834.70 I 29,002.35I
1
Current Year Base Value Excess Value Total I 8,983.07 86,313.68
Residential 41300 1,435,000
•
Commercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
•
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ential 22900 0
Commercial 0 0 •
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 - February 11,2011
er 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
f property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
-8-
ucting, extending,
-7-
against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
•
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•
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expenditures from
-4-
Tax Increment Financing (TIF) Report 2010 Page 138
4,
, COUNTY: 28 DOUGLAS
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT WATERL 7 2008 WATERLOO Name of Project:Homes at River Road,LLC#7
School: DOUGLAS CO.WEST CO Class: 3 CTL-ID# Part of the lots and lands included within the Homes at the River Road
Subdivision to the Village of Waterloo
Schcode: 28-0015 Unif/LC:00-9000 28-1537 Description:This is part of orginial#3 which added 15 additional residential
lots as orgininally planned.
Year Base Value Excess Value Tax Rate TIF Base Tax I TIF Excess Tax
2009 I 368,600 I 2,042,700 I 1.99846 I 7,366.3211 40,822.54I
12010 I 368,600 I 1,975,100 I 2.02107 I 7,449.6611 39,918.15I
Current Year Base Value Excess Value Total 14,815.9811 80,740.691
Residential 368600 1,975,100
Commercial 0 0
Industrial 0 0
Other 0 0
CTL Project Name Project Date City Remarks
TIF REDEVELOPMENT WATERL 8 2009 WATERLOO Name of Project:Homes at River Road(Dial)
School: DOUGLAS CO.WEST CO Class: 3 CTL-ID# Lots 23,35 and 49,Homes at River Road,a subdivision I Gated in the SW1/2
of the SE1/4 and the SE1/4 of the SW1/4 all in Section 10,T15 N,R10 E,
Schcode: 28-0015 Unif/LC:00-9000 28-1538 and lots 74,75,76,77,78,88,90,91,93,98,108,and 109 of Homes at River
Road, 1st Addition,located in SW1/2 of SE1/4 and SE1/4 of SW1/4 all in
Section 10,T15 N,R10 E,Waterloo Village.
Description:Acquisition and infrastructure development;construct an approx.
108 lot housing development,phased in over 5 phases.
Year Base Value Excess Value Tax Rate TIF Base Tax TIF Excess Tax
2010 I 47,700 I 619,800 I 2.02107 I 964.0511 12,526.59I
ICurrent Year Base Value Excess Value Total 964.0511 12,526.591
Residential 47700 619,800
Commercial 0 0
Industrial 0 0
Other 0 0
2010 TOTALS FOR COUNTY:#28 DOUGLAS
Current Year Base Value Excess Value Base Tax Excess Tax
Residential 15,712,400 242,015,500 340,969.37 5,243,865.89
Commercial 98,875,140 855,629,870 2,157,203.86 18,666,356.88
Industrial 22,059,800 143,478,700 479,788.71 3,126,571.67
other 240,140 43,225,200 5,097.33 941,504.49 Project Count 201
Total 136,887,480 1,284,349,270 2,983,059.27 27,978,298.931
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
te TIF Base Tax TIF Excess Tax
2008 368,600 I 1,875,200 I 1.98671 I 7,323.01 I 37,254.791
12009 41,300 I 1,003,600 I 1.99846 I 825.36 I 20,056.54
2010 I 41,300 I 1,435,000 I 2.02107 I 834.70 I 29,002.35I
1
Current Year Base Value Excess Value Total I 8,983.07 86,313.68
Residential 41300 1,435,000
•
Commercial 0 0
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
•
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
ential 22900 0
Commercial 0 0 •
Industrial 0 0
Other 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 - February 11,2011
er 0 0
NE Dept.of Revenue,Property Assessment Division Annual TIF Report 2010 February 11,2011
f property within such area.
(3) Upon designation of an enhanced employment area under this
section, a city may levy a general business occupation tax upon the businesses
and users of space within such enhanced employment area for the purpose
of paying all or any part of the costs and expenses of authorized work
within such enhanced employment area. For purposes of the tax imposed under
this section, the governing body may make a reasonable classification of
businesses, users of space, or kinds of transactions. The collection of a tax
imposed pursuant to this section shall be made and enforced in such a manner
as the governing body shall by ordinance determine to produce the required
revenue. The governing body may provide that failure to pay the tax imposed
pursuant to this section shall constitute a violation of the ordinance and
subject the violator to a fine or other punishment as provided by ordinance.
Any occupation tax levied by the city under this section shall remain in
effect so long as the city has bonds outstanding which have been issued under
the authority of this section and are secured by such occupation tax or that
state such occupation tax as an available source for payment. The total amount
of occupation taxes levied shall not exceed the total costs and expenses
of the authorized work including the total debt service requirements of any
bonds the proceeds of which are expended for or allocated to such authorized
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ucting, extending,
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against extending the time
for the payment of its bonds or interest thereon; and to covenant for the
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Report to the Legislature
Nebraska Department of Revenue
Property Assessment Division
March 1, 2011
r Ruth A. Sorensen, Property Tax Administrator
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