Statute 13 2604

13-2604. State assistance.Any political subdivision that has acquired, constructed, improved, or equipped or has approved a bond issue to acquire, construct, improve, or equip eligible facilities may apply to the board for state assistance. The state assistance shall be used:(1) To pay back amounts expended or borrowed through one or more issues of bonds to be expended by the political subdivision to acquire, construct, improve, repair, replace, and equip any eligible facilities until repayment in full of the amounts expended or borrowed by the political subdivision, including the principal of and interest on bonds, for all of its eligible facilities;(2) To pay for capital improvements to any eligible facilities; and(3) To acquire, construct, improve, repair, replace, and equip nearby parking facilities.Source Laws 1999, LB 382, § 4; Laws 2010, LB779, § 3; Laws 2016, LB884, § 2; Laws 2022, LB927, § 2; Laws 2023, LB727, § 18. Cross References Limitation on applications, see section 13-2612.