ECONOMIC DEVELOPMENT
Plainview is a forward thinking community active in economic and community development. Husker Ag is a primary employer producing nearly 25 million gallons of ethanol annually from corn grown locally.
Plainview is a member of PCED. Information about the services offered for Pierce County communities can be found below.
LB840 is in place
LB840, which is an economic development plan that was passed by the Plainview City Council is now in place. A committee of oversight that includes Kevin Lingenfelter, Bill Michael, Jodie Altwine, Dr. Mary Dougherty, Grant Dummer have started to plan on projects and will be able to strategize with public input in the future. The two highest priorities on their list are housing developments and signage for downtown businesses.
Strategy
The City of Plainview faces tense competition in the recruitment of businesses to the community and in the retention of businesses currently operating within the community. Only by continuing an Economic Development Program can the City of Plainview contribute to economic development projects and thereby compete in the recruitment of new businesses to the community and in the retention of existing businesses within the community.
The Economic Development Program forms the foundation for the expenditure of local tax revenues for economic development. The economic development fund will be administered by the Citizens’ Advisory Review Committee. The composition of the Citizens’ Advisory Review Committee shall be established by Ordinance.
The City has prepared the Economic Development Program for submission, first to the City Council and, upon approval, to the voters of Plainview. With voter approval, the provisions of the Economic Development Program become a basis of funding economic development and thereby expand job opportunities and the tax base of our community.
The Economic Development Program forms the foundation for the expenditure of local tax revenues for economic development. The economic development fund will be administered by the Citizens’ Advisory Review Committee. The composition of the Citizens’ Advisory Review Committee shall be established by Ordinance.
The City has prepared the Economic Development Program for submission, first to the City Council and, upon approval, to the voters of Plainview. With voter approval, the provisions of the Economic Development Program become a basis of funding economic development and thereby expand job opportunities and the tax base of our community.
Goals
The general intent and goal of the Plainview Economic Development Program is to provide well-paying jobs to the citizens of Plainview, Nebraska by recruiting new businesses to the community and assisting existing businesses to expand. The success of the Program will be measured by the number of jobs created and retained, the total dollars invested in fixed assets, and the growth in total valuation of the City. Each project will be considered on its own merits, but priority will be given to jobs created and/or retained at or above average wage and benefits for the community.
Eligible Activities
The Economic Development Program may include, but should not be limited to, the following activities:
1. Direct loans or grants to qualifying businesses for fixed assets or working capital or both;
2. Loan guarantees for qualifying business;
3. Grants for public works improvements which are essential to the location or expansion of, or the provision of new services by, a qualifying business;
4. Grants or agreements for job training;
5. Purchase of real estate, options for such purchases, and the renewal or extension of such options;
6. Provisions of technical assistance to businesses, such as preparation of financial packages, survey, engineering, legal, architectural or other similar assistance and payment of relocation or initial location expenses;
7. Expenses related to business recruitment, promotional activities, and related administrative expenses, and could include, but not limited to, such costs as salaries, travel, office expenses, advertising, legal, and related costs.
8. Interest buy down agreements or loan guarantees;
9. Other creative and flexible initiatives to stimulate the economic growth in the Plainview area including activities which may be funded through the Economic Development Program or General Fund as authorized by Section 13-315 R.R.S.;
10. Commercial/industrial recruitment and promotional activities;
11. Tourism Related Activities; and
12. Reduction of real estate property taxes for City of Plainview to stimulate local economy.
1. Direct loans or grants to qualifying businesses for fixed assets or working capital or both;
2. Loan guarantees for qualifying business;
3. Grants for public works improvements which are essential to the location or expansion of, or the provision of new services by, a qualifying business;
4. Grants or agreements for job training;
5. Purchase of real estate, options for such purchases, and the renewal or extension of such options;
6. Provisions of technical assistance to businesses, such as preparation of financial packages, survey, engineering, legal, architectural or other similar assistance and payment of relocation or initial location expenses;
7. Expenses related to business recruitment, promotional activities, and related administrative expenses, and could include, but not limited to, such costs as salaries, travel, office expenses, advertising, legal, and related costs.
8. Interest buy down agreements or loan guarantees;
9. Other creative and flexible initiatives to stimulate the economic growth in the Plainview area including activities which may be funded through the Economic Development Program or General Fund as authorized by Section 13-315 R.R.S.;
10. Commercial/industrial recruitment and promotional activities;
11. Tourism Related Activities; and
12. Reduction of real estate property taxes for City of Plainview to stimulate local economy.
Qualifying Business
A qualifying business (does not have to be located within the zoning jurisdiction of Plainview if the City Council determines that there is a clear economic benefit to the City) shall mean any corporation, partnership, limited liability company, or sole proprietorship that derives its principal source of income from any of the following:
1. The manufacturer of articles of commerce;
2. The conduct of research and development;
3. The processing, storage, transport, or sale of goods or commodities which are sold or
traded in interstate commerce;
4. The sale of services in interstate commerce;
5. A business that derives its principal source of income from retail trade;
6. Headquarters facilities relating to eligible activities as listed in this section;
7. Telecommunications activities including services providing advanced
telecommunications capability;
8. Tourism-Related Activities; or
9. A business that derives its principal source of income from the construction or
rehabilitation of housing.
1. The manufacturer of articles of commerce;
2. The conduct of research and development;
3. The processing, storage, transport, or sale of goods or commodities which are sold or
traded in interstate commerce;
4. The sale of services in interstate commerce;
5. A business that derives its principal source of income from retail trade;
6. Headquarters facilities relating to eligible activities as listed in this section;
7. Telecommunications activities including services providing advanced
telecommunications capability;
8. Tourism-Related Activities; or
9. A business that derives its principal source of income from the construction or
rehabilitation of housing.
