Investment means the amount paid by the applicant for the project and includes any funding and other resources directed toward the project by a city, a county, an inland port authority, or a public utility. The term also includes any applicant resources received by the applicant for the project. The term does not include any matching funds received by the applicant under the Nebraska Rural Projects Act.

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Terms Used In Nebraska Statutes 81-12,201

  • Applicant: means a nonprofit economic development corporation. See Nebraska Statutes 81-12,197
  • Investment: means the amount paid by the applicant for the project and includes any funding and other resources directed toward the project by a city, a county, an inland port authority, or a public utility. See Nebraska Statutes 81-12,201
  • Matching funds: means the funds provided by the State of Nebraska pursuant to section Nebraska Statutes 81-12,202
  • Project: means expenses incurred or to be incurred at one qualified location for:

    (1) Site acquisition and preparation, transportation infrastructure, utility extensions, and rail spur construction for the development of a new industrial rail access business park, including any such expenses incurred to assist an initial tenant at such business park that conducts business in the manufacturing, processing, distribution, or transloading trades. See Nebraska Statutes 81-12,203