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Omaha council approves city application to join Union Omaha on state turnback tax for downtown stadium
Summary
The Omaha City Council voted 7–0 to authorize the city to join Downtown Soccer Stadium Inc. in submitting a state "turnback" sales‑tax application to help finance a proposed Union Omaha stadium and adjoining mixed‑use development. Proponents said the project would generate new downtown revenue; opponents warned financing risks.
The Omaha City Council voted unanimously to authorize the city to co‑apply with Downtown Soccer Stadium Inc. for a state turnback sales‑tax incentive aimed at helping finance a proposed downtown soccer stadium anchored by Union Omaha.
David Levy, an attorney for the applicant, told the council the stadium would include roughly 6,500 fixed seats and about 8,500 people at full capacity and serve as the anchor for a mixed‑use district that he estimated at about $400,000,000 in total private investment. "The turn back…
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