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Kearney approves Gateway West Community Improvement District
Summary
The Board of Aldermen voted unanimously to create the Gateway West Community Improvement District to fund infrastructure at the I‑35/Nineteenth Street interchange; the district can levy a $500‑per‑acre assessment and a local sales tax.
The Kearney Board of Aldermen on a unanimous second‑reading vote approved an ordinance establishing the Gateway West Community Improvement District and a cooperative agreement between the city and the district.
The district, the board was told by Caroline Yatsik, the city’s economic development director, would cover roughly 5.69 acres at the northwest quadrant of the I‑35 and 19th Street interchange and fund public improvements to spur residential, retail and commercial development. "The Gateway West CID petition meets both of these requirements," Yatsik…
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