reglab/housing_qa huggingface dataset:
NE Code § 18-2719 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2719 - Loan fund program; qualifying business; documentation required.

18-2719.  Loan fund program; qualifying business; documentation required.At the time when a qualifying business makes application to a city to participate in a loan fund program, the qualifying business shall provide to the city appropriate documentation evidencing its negotiations with one or more primary lenders and the terms upon which it has received or will receive the portion of the total financing for its activities which will not be provided by the city.Source  Laws 1991, LB 840, § 20.
NE Code § 18-2720 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2720 - Loan fund program; loan servicing requirements.

18-2720.  Loan fund program; loan servicing requirements.(1) If the economic development program involves the establishment of a loan fund, the governing body of the city shall designate an appropriate individual to assume primary responsibility for loan servicing and shall provide such other assistance or additional personnel as may be required. The individual may be an employee of the city, or the city may contract with an appropriate business or financial institution for loan servicing functions. The governing body of the city shall be provided with an account of the status of each loan outstanding, program income, and current investments of unexpended funds on a monthly basis. Program income shall mean payments of principal and interest on loans made from the loan fund and the interest earned on these funds.(2) Records kept on such accounts and reports made to the governing body of the city shall include, but not be limited to, the following information: (a) The name of the borrower; (b) the purpose of the loan; (c) the date the loan was made; (d) the amount of the loan; (e) the basic terms of the loan, including the interest rate, the maturity date, and the frequency of payments; and (f) the payments made to date and the current balance due.(3) The individual responsible for loan servicing shall monitor the status of each loan and, with the cooperation of the governing body of the city and the primary lender or lenders, take appropriate action when a loan becomes delinquent. The governing body shall establish standards for the determination of loan delinquency, when a loan shall be declared to be in default, and what action shall be taken to deal with the default to protect the interests of the qualifying business, third parties, and the city. The governing body shall establish a process to provide for consultation, agreement, and joint action between the city and the primary lender or lenders in pursuing appropriate remedies following the default of a qualifying business in order to collect amounts owed under the loan.Source   Laws 1991, LB 840, § 21;  Laws 2008, LB895, § 1.
NE Code § 18-2721 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2721 - Audit.

18-2721.  Audit.The city shall provide for an annual, outside, independent audit of its economic development program by a qualified private auditing business. The auditing business shall not, at the time of the audit or for any period during the term subject to the audit, have any contractual or business relationship with any qualifying business receiving funds or assistance under the economic development program or any financial institution directly involved with a qualifying business receiving funds or assistance under the economic development program. The results of such audit shall be filed with the city clerk and made available for public review during normal business hours.Source  Laws 1991, LB 840, § 22.
NE Code § 18-2723 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2723 - Appropriations and expenditures; exempt.

18-2723.  Appropriations and expenditures; exempt.Appropriations and expenditures made by a city which are authorized by section 13-315 and made according to its provisions shall not be subject to the Local Option Municipal Economic Development Act and shall be exempt from its requirements.Source  Laws 1991, LB 840, § 3.
NE Code § 18-2724 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2724 - Issuance of bonds; purpose; not general obligation of city.

18-2724.  Issuance of bonds; purpose; not general obligation of city.Any city which has received voter approval to conduct an economic development program pursuant to the Local Option Municipal Economic Development Act, which program as presented to the voters included the authority to issue bonds pursuant to the act, may from time to time issue bonds as provided in sections 18-2724 to 18-2736. Such bonds shall be in such principal amounts as the city's governing body deems necessary to provide sufficient funds to carry out any of the purposes of and powers granted pursuant to the economic development program, including the establishment or increase of reserves and the payment of all other costs or expenses of the city incident to and necessary or convenient to carry out the economic development program. Principal and interest on the bonds shall be payable from one or more sources which are to be deposited in the economic development fund pursuant to section 18-2718. The bonds shall not be a general obligation of the city or a pledge of its credit or taxing power except to the extent of the obligation of the city to contribute funds to the economic development program pursuant to the act.Source  Laws 1993, LB 732, § 1.
NE Code § 18-2725 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2725 - Issuance of bonds; immunity.

18-2725.  Issuance of bonds; immunity.The members of a city's governing body and any person executing bonds under section 18-2724 shall not be liable personally on such bonds by reason of the issuance thereof.Source  Laws 1993, LB 732, § 2.
NE Code § 18-2726 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2726 - Issuance of bonds; authorization; form.

18-2726.  Issuance of bonds; authorization; form.Bonds issued under section 18-2724 shall be authorized by resolution of the issuing city's governing body, may be issued under a resolution or under a trust indenture or other security instrument in one or more series, and shall bear such date or dates, mature at such time or times, bear interest at such rate or rates, be in such denomination or denominations, be in such form, either coupon or registered, carry such conversion or registration privileges, have such rank or priority, be executed in such manner, be payable in such medium of payment and at such place or places, and be subject to such terms of redemption, with or without premium, as such resolution, trust indenture, or other security instrument may provide and without limitation by any other law limiting amounts, maturities, or interest rates. Any officer authorized or designated to sign, countersign, execute, or attest any bond or any coupon may utilize a facsimile signature in lieu of his or her manual signature.Source  Laws 1993, LB 732, § 3.
NE Code § 18-2727 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2727 - Bonds; negotiability; sale.

18-2727.  Bonds; negotiability; sale.(1) Except as the issuing city's governing body may otherwise provide, any bond and any attached interest coupons shall be fully negotiable within the meaning of and for all purposes of article 8, Uniform Commercial Code.(2) The bonds may be sold at public or private sale as provided by the city's governing body and at such price or prices as determined by such governing body.Source  Laws 1993, LB 732, § 4.
NE Code § 18-2728 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2728 - Bonds; officers' signatures; validity.

18-2728.  Bonds; officers' signatures; validity.If any of the officers whose signatures appear on any bonds or coupons issued under section 18-2724 cease to be such officers before the delivery of such obligations, such signatures shall nevertheless be valid and sufficient for all purposes to the same extent as if such officers had remained in office until such delivery.Source  Laws 1993, LB 732, § 5.
NE Code § 18-2730 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2730 - Refunding bonds; issuance authorized.

18-2730.  Refunding bonds; issuance authorized.Any city may issue and sell refunding bonds for the purpose of paying or providing for the payment of any of its bonds issued under section 18-2724 at or prior to maturity or upon acceleration or redemption. Refunding bonds may be issued at any time prior to or at the maturity or redemption of the refunded bonds as the city's governing body deems appropriate. The refunding bonds may be issued in principal amount not exceeding an amount sufficient to pay or to provide for the payment of (1) the principal of the bonds being refunded, (2) any redemption premium thereon, (3) interest accrued or to accrue to the first or any subsequent redemption date or dates selected by the city's governing body in its discretion or to the date or dates of maturity, whichever is determined to be most advantageous or convenient for the city, (4) the expenses of issuing the refunding bonds, including bond discount, and redeeming the bonds being refunded, and (5) such reserves for debt service or other capital or current expenses from the proceeds of such refunding bonds as may be deemed necessary or convenient by the governing body of the issuing city. A determination by the governing body that any refinancing is advantageous or necessary, that any of the amounts provided in this section should be included in such refinancing, or that any of the bonds to be refinanced should be called for redemption on the first or any subsequent redemption date or permitted to remain outstanding until their respective dates of maturity shall be conclusive.Source  Laws 1993, LB 732, § 7.
NE Code § 18-2731 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2731 - Refunding bonds; use; holder of bonds; payment of interest.

18-2731.  Refunding bonds; use; holder of bonds; payment of interest.Refunding bonds issued under section 18-2730 may be exchanged for and in payment and discharge of any of the outstanding obligations being refunded. The refunding bonds may be exchanged for a like, greater, or smaller principal amount of the bonds being refunded as the issuing city's governing body may determine in its discretion. The holder or holders of the bonds being refunded need not pay accrued interest on the refunding bonds if and to the extent that interest is due or accrued and unpaid on the bonds being refunded and to be surrendered.Source  Laws 1993, LB 732, § 8.
NE Code § 18-2732 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2732 - Refunding bonds; deposit of proceeds in trust; investments authorized; section, how construed.

18-2732.  Refunding bonds; deposit of proceeds in trust; investments authorized; section, how construed.To the extent not required for the immediate payment and retirement of the obligations being refunded or for the payment of expenses incurred in connection with such refunding and subject to any agreement with the holders of any outstanding bonds, principal proceeds from the sale of any refunding bonds under section 18-2730 shall be deposited in trust to provide for the payment and retirement of the bonds being refunded, payment of interest and any redemption premiums, and payment of any expenses incurred in connection with such refunding, but provision may be made for the pledging and disposition of any surplus, including, but not limited to, provision for the pledging of any such surplus to the payment of the principal of and interest on any issue or series of refunding bonds. Money in any such trust fund may be invested in direct obligations of or obligations the principal of and interest on which are guaranteed by the United States Government, in obligations of any agency or instrumentality of the United States Government, or in certificates of deposit issued by a bank, capital stock financial institution, qualifying mutual financial institution, or trust company if such certificates are secured by a pledge of any of such obligations having an aggregate market value, exclusive of accrued interest, equal at least to the principal amount of the certificates so secured. Nothing in this section shall be construed as a limitation on the duration of any deposit in trust for the retirement of obligations being refunded but which have not matured and which are not presently redeemable or, if presently redeemable, have not been called for redemption. Section 77-2366 shall apply to deposits in capital stock financial institutions. Section 77-2365.01 shall apply to deposits in qualifying mutual financial institutions.Source   Laws 1993, LB 732, § 9;  Laws 2001, LB 362, § 28.
NE Code § 18-2733 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2733 - Refunding bonds; general provisions applicable.

18-2733.  Refunding bonds; general provisions applicable.The issue of refunding bonds, the manner of sale, the maturities, interest rates, form, and other details thereof, the security therefor, the rights of the holders thereof, and the rights, duties, and obligations of the city in respect of the same shall be governed by the provisions of sections 18-2724 to 18-2736 relating to the issue of bonds other than refunding bonds insofar as the same may be applicable.Source  Laws 1993, LB 732, § 10.
NE Code § 18-2734 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2734 - Issuance of bonds; consent or other conditions not required.

18-2734.  Issuance of bonds; consent or other conditions not required.Bonds may be issued under sections 18-2724 to 18-2736 without obtaining the consent of any department, division, commission, board, bureau, or instrumentality of this state and without any other proceedings or the happening of any other conditions or things than those proceedings, conditions, or things which are specifically required therefor by such sections, and the validity of and security for any bonds shall not be affected by the existence or nonexistence of any such consent or other proceedings, conditions, or things.Source  Laws 1993, LB 732, § 11.
NE Code § 18-2735 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2735 - Bonds; securities; investment authorized.

18-2735.  Bonds; securities; investment authorized.Bonds issued pursuant to sections 18-2724 to 18-2736 shall be securities in which all public officers and instrumentalities of the state and all political subdivisions, insurance companies, trust companies, banks, savings and loan associations, investment companies, executors, administrators, personal representatives, trustees, and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. Such bonds shall be securities which may properly and legally be deposited with and received by any officer or instrumentality of this state or any political subdivision for any purpose for which the deposit of bonds or obligations of this state or any political subdivision thereof is now or may hereafter be authorized by law.Source  Laws 1993, LB 732, § 12.
NE Code § 18-2736 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2736 - Bonds; tax exempt.

18-2736.  Bonds; tax exempt.All bonds of a city issued pursuant to sections 18-2724 to 18-2736 are declared to be issued for an essential public and governmental purpose and, together with interest thereon and income therefrom, shall be exempt from all taxes.Source  Laws 1993, LB 732, § 13.
NE Code § 18-2737 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2737 - Economic development program approved prior to June 1, 1993; bond issuance; authorized; procedure.

18-2737.  Economic development program approved prior to June 1, 1993; bond issuance; authorized; procedure.(1) Any city which has received voter approval to conduct an economic development program pursuant to the Local Option Municipal Economic Development Act prior to June 1, 1993, may, subject to subsection (2) of this section, issue bonds as provided by the act even though the proposed plan prepared pursuant to section 18-2710 did not contemplate or provide for the issuance of bonds and the question on the ballot approved by the voters did not set out that the city proposed to issue bonds to provide funds to carry out the economic development program.(2) The governing body of any city proposing to issue bonds pursuant to the authority granted by subsection (1) of this section shall adopt a resolution expressing the intent of the city to issue bonds from time to time pursuant to the act to provide funds to carry out the economic development program. Such resolution shall set a date for a public hearing on the issue of exercising such authority, and notice of such hearing shall be published in a legal newspaper in or of general circulation in the city at least seven days prior to the date of such hearing. Following such hearing, the governing body of the city shall amend or incorporate into the ordinance adopted pursuant to section 18-2714 a provision authorizing the governing body to exercise, in the manner set forth in the act, the authority granted by the act to issue bonds to provide funds to carry out the economic development program.(3) Any city desiring to exercise the authority granted by this section which complies with the provisions of subsection (2) of this section may exercise the authority to issue bonds as provided in the act.Source   Laws 1993, LB 732, § 14;  Laws 2021, LB163, § 195.   Effective Date: August 28, 2021
NE Code § 18-2738 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2738 - Act; supplemental powers; how construed.

18-2738.  Act; supplemental powers; how construed.The powers conferred by the Local Option Municipal Economic Development Act shall be in addition and supplemental to the powers conferred by any other law and shall be independent of and in addition to any other provisions of the law of Nebraska, including the Community Development Law. The act and all grants of power, authority, rights, or discretion to a city under the act shall be liberally construed, and all incidental powers necessary to carry the act into effect are hereby expressly granted to and conferred upon a city.Source  Laws 1993, LB 732, § 15. Cross References  Community Development Law, see section 18-2101.
NE Code § 18-2739 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2739 - Production of films, commercials, and television programs; qualifying business; duties.

18-2739.  Production of films, commercials, and television programs; qualifying business; duties.A qualifying business which derives its principal source of income from the production of films, commercials, and television programs and which is utilizing an economic development program shall (1) provide notice to the Nebraska Film Office or its successor of each project for which the qualifying business intends to utilize the economic development program and (2) acknowledge in the production credits of the film, commercial, or television program the State of Nebraska and the city operating the economic development program. The acknowledgment shall be required only when production credits are displayed and shall not be required if prohibited by local, state, or federal law, rule, or regulation.Source Laws 2012, LB863, § 3.
NE Code § 18-2801 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2801 - Act, how cited.

18-2801.  Act, how cited.Sections 18-2801 to 18-2808 shall be known and may be cited as the Municipal Proprietary Function Act.Source  Laws 1993, LB 734, § 1.
NE Code § 18-2802 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2802 - Purpose of act.

18-2802.  Purpose of act.The purpose of the Municipal Proprietary Function Act is to require municipal governing bodies of cities of all classes and villages to follow prescribed procedures and make available to the public pertinent financial information with regard to functions of municipal government which generate revenue and expend funds based largely on customer demand.Source  Laws 1993, LB 734, § 2.
NE Code § 18-2803 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2803 - Terms, defined.

18-2803.  Terms, defined.For purposes of the Municipal Proprietary Function Act:(1) Fiscal year shall mean the twelve-month period established by each governing body for each proprietary function of municipal government for determining and carrying on its financial affairs for each proprietary function;(2) Governing body shall mean the city council in the case of a city of any class, including any city with a home rule charter, and the village board of trustees in the case of a village;(3) Municipal budget statement shall mean a budget statement adopted by a governing body for nonproprietary functions of the municipality under the Nebraska Budget Act;(4) Proprietary budget statement shall mean a budget adopted by a governing body for each proprietary function pursuant to the Municipal Proprietary Function Act; and(5) Proprietary function shall mean a water supply or distribution utility, a wastewater collection or treatment utility, an electric generation, transmission, or distribution utility, a gas supply, transmission, or distribution utility, an integrated solid waste management collection, disposal, or handling utility, or a hospital or a nursing home owned by a municipality.Source   Laws 1993, LB 734, § 3;  Laws 2021, LB163, § 196.   Effective Date: August 28, 2021  Cross References  Nebraska Budget Act, see section 13-501.
NE Code § 18-2804 (2021)
2021 Nebraska Revised Statutes|Chapter 18 - Cities and Villages; Laws Applicable to All|18-2804 - Fiscal year established.

18-2804.  Fiscal year established.Each governing body may establish a separate fiscal year for each proprietary function, except that any proprietary function which is subsidized by appropriations from the municipality's general fund shall have the same fiscal year as the municipality. For purposes of this section, subsidization shall mean that the costs of operation of a proprietary function are regularly financed by appropriations from the municipality's general fund in excess of the amount paid by the municipality to the proprietary function for actual service or services received.Source  Laws 1993, LB 734, § 4.