In November of 2014, Bellevue voters approved the establishment of an Economic Development Program as outlined in this Article. In November of 2022, Bellevue voters voted to amend certain provisions of the Economic Development Program as outlined in this Article. The goals of the Bellevue, Nebraska, Economic Development Program support the development of new jobs, attract a variety of new businesses, broaden the tax base, generate employment opportunities, attract new capital investment, expand the labor market and the retention of existing jobs for the citizens of Bellevue by promoting development within the corporate limits of the City of Bellevue and its extra-territorial jurisdiction (ETJ).The success of the Program will be measured by the number of jobs created and retained as well as income improvement for the length of the Program. The goals will be achieved, in part, by constructing infrastructure improvements (or providing grants for others to construct such improvements), establishing a loan fund for use by qualified businesses, and generally promoting development within the City of Bellevue or its ETJ. The Program will be implemented and monitored in accordance with the State of Nebraska's Local Option Municipal Economic Development Act.
(Ord. 3800, § 1, passed 12-8-2014; Ord. 4113, § 1, passed 12-20-2022)