2022 Nebraska Revised Statutes
Chapter 18 - Cities and Villages; Laws Applicable to All
18-2117.03 - Redevelopment project; inclusion of certain costs.

Universal Citation: NE Code § 18-2117.03 (2022)

18-2117.03. Redevelopment project; inclusion of certain costs.

(1) A redevelopment project that includes the division of taxes as provided in section 18-2147 shall not provide for the reimbursement of costs incurred prior to approval of the redevelopment project, except for costs relating to:

(a) The preparation of materials and applications related to the redevelopment project;

(b) The preparation of a cost-benefit analysis conducted pursuant to section 18-2113;

(c) The preparation of a redevelopment contract;

(d) The preparation of bond and other financing instruments;

(e) Land acquisition and related due diligence activities, including, but not limited to, surveys and environmental studies; and

(f) Site demolition and preparation.

(2) This section shall not be construed to require the reimbursement of legal fees incurred prior to approval of the redevelopment project.

Source

  • Laws 2018, LB874, § 17;
  • Laws 2020, LB1003, § 178.

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