Anonymous Donor Commits to Sidney's LB840 Fund
July 3, 2019
In August 2018, the City of Sidney approached voters to amend the LB840 program to accept private donations. On June 25, Economic Development Director Melissa Norgard announced the City was awarded a grant from an anonymous donor of $300,000 annually. The award is for four years with the potential of $1.2 million added to the LB840 fund.
“This is a huge deal,” Norgard said to the Sidney City Council June 25.
She said the funds will be for development of future new jobs. The funds can only be used for future projects. As the program works, if a company enters an agreement with Sidney’s...