Neb. Rev. Stat. §§ 18-2117.03

Current with changes through the 2024 First Special Legislative Session
Section 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.

Neb. Rev. Stat. §§ 18-2117.03

Laws 2018, LB 874, § 17; Laws 2020, LB 1003, § 178.
Amended by Laws 2020, LB 1003,§ 178, eff. 11/14/2020.
Added by Laws 2018, LB 874,§ 17, eff. 7/19/2018.