City of Bellevue Agenda Item Cover Sheet April 2026
Bellevue Economic Development Incentive Agreement With Eaton
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Description
Bellevue staff recommends approval of an LB 840 economic development agreement with Eaton, providing $100,000 per year for four years, totaling $400,000. The agreement supports Eaton’s relocation of manufacturing operations into Bellevue and workforce expansion, including assistance with building renovations from April 8, 2026 through April 8, 2030.
Contract Details
Contract Amount
$100,000 per year for four years ($400,000 total)
Vendor
EATON
Agency
City of Bellevue, NE
Contract Type
FINANCIAL_SERVICES
Document Date
April 21, 2026
Contract Term
04/08/2026 – 04/08/2030 (4 years)
Renewal Date
2030-04-08
Renewal Info
Initial LB 840 economic development agreement term of four years from April 8, 2026 to April 8, 2030; no renewal terms mentioned in the agenda cover sheet.
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