November 2, 2021 at 4:30 PM - Legislative/Economic Development Committee Meeting

Minutes

Minutes

1. Open Meeting

Rationale:

In accordance with Nebraska law, a copy of the Open Meetings Act can be found in the back of the Council Chambers.
Items listed on the agenda may be considered in any order.

2. Roll Call

Rationale:

Attendance of members will be recorded to determine the presence of a quorum for official actions.

3. Items of Business

Rationale:

The Committee may discuss or limit discussion on, hear testimony in favor of or in opposition to, or take action to provide a recommendation to the City Council on any matter presented under this title.

3.A. Provide a recommendation to the City Council on using up to $240,000 of LB840 funds to purchase real estate for housing.

Discussion: City Administrator Tom Ourada let the committee know that the City would like to purchase some lots from a developer. They met with the developer about the purchase of 4 lots, which would be taken from LB840 money. City Attorney Kyle Manley looked into the specifics and the city could purchase the lots as 'real estate' with LB840 money without an application and later sell them to a qualifying business, an example being the Housing Corporation.

Action(s):

Motion Carried:

Recommend to the City Council to use up to $240,000 of LB840 funds to purchase real estate for housing. Carried with a motion by Jack Oelschlager and a second by Ryan Hinz.

Kyle Frans: Absent
Ryan Hinz: Aye
Jack Oelschlager: Aye

No Action(s) have been added to this Agenda Item.

4. Officers' Reports

Rationale:

Reports may be given by the Mayor, Officers, Departments, or Councilmembers concerning the current operations of the City.
No action can be taken on matters presented under this title except to answer any questions or to refer the matter for further action.

5. Adjournment

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