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EDC reports LB 840 investments and asks for $335,000 operating allocation for FY26
Summary
The Grand Island Area Economic Development Corporation presented a semiannual LB 840 review and requested $335,000 for FY26 operations, citing recent infrastructure investments, workforce housing awards and business recruitment wins.
Mary Burley, CEO of the Grand Island Area Economic Development Corporation, presented the EDC’s semiannual report and LB 840 update at the July 29 City Council meeting, reviewing investments, active projects and a FY26 operations request of $335,000 — $20,000 less than the prior year’s ask.
Burley said the city has invested $8,700,000 into LB 840 incentives since the program’s inception and that in the last decade the city invested $4,700,000 that resulted in 243 new jobs in Grand Island. She also reported the broader LB 840 program has supported roughly 1,100 new jobs overall since inception.
Program highlights and active projects
Burley reviewed several active and new…
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