City of Kearney Minutes Regular Meeting 2026-04-14
Council Approves TIF Redevelopment Project for B & H Investments
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Description
Kearney City Council adopted Resolution 2026-37 approving a tax increment financed redevelopment project by B & H Investments, Inc for Lot 1, Oldfather First Addition in Redevelopment Area No. 10. The project will develop office/warehouse space and receive TIF support for up to 15 years subject to a Project Redevelopment Contract.
Contract Details
Vendor
B & H INVESTMENTS INC
Agency
City of Kearney, NE
Contract Type
OTHER
Document Date
April 14, 2026
Contract Term
Tax increment allocation period not to exceed 15 years from effective date to be identified in Project Redevelopment Contract
Renewal Info
TIF-related tax allocation runs for a period not to exceed 15 years after the effective date specified in the Project Redevelopment Contract; any amendments would require updated allocation agreements.
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