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Statute 18 2117 03 — Nebraska Law | CourtGPT
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Nebraska Legal Code

Statute 18 2117 03

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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.Source Laws 2018, LB874, § 17; Laws 2020, LB1003, § 178.