Nebraska LB806 provides a grant to a first-class city for infrastructure improvements.
Nebraska LB806 amends the Site and Building Development Act to allow the Department of Economic Development to use the Site and Building Development Fund for various financial assistance programs. Among these, it includes a grant of two million dollars to a first-class city in the third congressional district if the property previously housed a university or college that is no longer extant. The grant aims to improve and revitalize the real property. The bill also repeals the original section 81-12,147, Reissue Revised Statutes of Nebraska.
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