Meeting Addresses LB840 Concerns, Questions
August 10, 2018
Ballots are due Tuesday on a proposal to amend the LB840 economic development plan.
The question before voters is “Shall the City of Sidney establish an economic development program by appropriating annually from local sources of revenue only, namely the presently existing sales and use tax, the amount of $300,000 each year for 10 years as well as any grants, donations or stand and federal funds received by the city subject to any restrictions of the grantor, donor or state and federal law?”
The change in the current plan does not allow for the economic development office to receive pri...