We've seen conflicting information about LB 840 and how funds can be used. We want to set the record straight. At one time LB 840 (economic development) funds could be used for infrastructure and street improvements, but that changed earlier this year with the passage of LB 150.
Now, LB 840 can ONLY be used for economic development - or exactly how Neligh is using it. So, if you’ve been told or have read otherwise, your sources are behind in times and don’t know the LAW.
Using LB 840 for street improvements is ILLEGAL. Sure, there are success stories on infrastructure improvements with LB 840 when it was legal, but it is NOT LEGAL NOW.
Can you imagine if our city leaders were those who didn’t know what STATE LAWS were passed nearly a year ago? Thankfully, our City leaders know the laws. Looks to me like the RIGHT PEOPLE are in charge.
Speaking of LB 840, public documents show only about $12,000 has been given out so far. Yes $91,300 has been approved in loans, but only $12,000 has been given out. That’s why less than $1,000 has been paid back so far.
Who would start paying back a loan they haven’t received yet? Again, looks like some people are trying to “spin” things to fit their agenda.
This twisting of information needs to stop. Everything in this letter is public record, so go to the City Office and educate yourself. What are the sources on that other information you’ve heard or read? Remember to always consider the source before forming an opinion. If they can’t cite where it comes from, please question if it is accurate.
Above all, please vote Oct. 15 at Grace Lutheran Church. Neligh is growing and moving in the right direction. Vote NO four times!
Rich and Mary Burgess
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