City News This Week with Brian Newton & Bob Flittie – Legislative Bills

Bob Flittie contributed this report. 

FREMONT – With the Nebraska Legislature nearing the final days of the session, Brian Newton, Fremont City Administrator, discussed a couple measures of interest to the City.

One deals with allowing some communities to borrow from lending institutions (ie. banks) in the event of a disaster emergency:

LB870, introduced by Bellevue Sen. Sue Crawford, allows cities and villages to borrow directly from a financial institution to repair or rebuild property or restore public services damaged or disrupted by a natural disaster.

The bill limits direct borrowing to 20 percent of the annual budget of a second class city or village or 10 percent for a first, primary or metropolitan class city.

LB870 was approved on a 48-0 vote on July 21, and takes effect immediately.

 

The other one is the “Landbank Bill.”

 

You can listen to this week’s full City News update on our Podcast page. 

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>