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Resident urges clearer use of HEDC/LB840 funds, calls for industrial park and transparency
Summary
During public comment on Aug. 14, resident Willis Hunt urged the utilities board to consider economic development uses of funds overseen by HEDC, noted a remaining $813,000 from an LB840-like fund (total cited $1,013,000), and recommended listing projects to put the money to work, including a possible industrial development park.
During the public-comment portion of the Aug. 14 meeting, resident Willis Hunt of 616 Madden Road urged the Hastings Utilities Advisory Board and city officials to focus on economic development and clearer use of funds administered by the Hastings Economic Development Corporation (HEDC).
Hunt said Grand Island uses a sales-tax revenue stream commonly called LB840 to produce roughly $900,000 a year for economic development, and he…
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