PROFESSIONAL_SERVICESPENDING

City of Sidney Interlocal Agreement for Economic Development Services 2026-05-26

Sidney, Cheyenne County to fund new economic development corporation

City of Sidney: $115,000 per year for 5 years (total $575,000); Cheyenne County: $20,000 per year for 5 years (total $100,000); plus $581,928 in private E3 donationsCity of SidneyCHEYENNE COUNTY ECONOMIC DEVELOPMENT CORPORATIONMay 26, 2026

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Description

The City of Sidney and Cheyenne County are entering into an interlocal agreement with the Cheyenne County Economic Development Corporation to provide coordinated economic development services. Under the agreement, Sidney will contribute $115,000 annually and Cheyenne County $20,000 annually over an initial five-year term, supplemented by $581,928 in private E3 donations, with automatic five-year renewals. The CCEDC will manage strategic planning, business support, grant coordination, and related development activities for the region.

Contract Details

Contract Amount

City of Sidney: $115,000 per year for 5 years (total $575,000); Cheyenne County: $20,000 per year for 5 years (total $100,000); plus $581,928 in private E3 donations

Vendor

CHEYENNE COUNTY ECONOMIC DEVELOPMENT CORPORATION

Agency

City of Sidney, NE

Contract Type

PROFESSIONAL_SERVICES

Document Date

May 26, 2026

Contract Term

Five (5) year term commencing on [unspecified date] and continuing through [unspecified date], with automatic five-year renewals unless non-renewal notice is given at least 90 days before term end

Renewal Info

Initial five-year term with automatic successive five-year renewal periods unless either the City or County delivers written notice of intent not to renew at least 90 days prior to the end of the then-current term. Agreement may be terminated for breach if not cured within 60 days of written notice.

Issuing Agency