Kearney Gets State Approval for Sales Tax Reduction to Fund Huge Sports Complex | State and regional news

The public will be able to use the facility for fitness and sports competitions, and it will host major regional sporting events on weekends. Although many communities in Nebraska the size of Kearney are considering establishing casinos, Kearney executives preferred to build the sports complex as a family-centered response to the casino rush.

The stampede was sparked when voters in Nebraska legalized casinos in communities with racetracks.

“For this specific type of project, the ability to use the sales tax rebate is what triggered this for us,” Morgan said. “We are delighted to start. “

One of the formalities will be to get the special election for the catering tax on the schedule from the Buffalo County Election Commissioner.

Members of a group of sports and fitness advocates led by Jon Garner will be promoting the issue. He brought up the idea of ​​the sports complex earlier this year to city council.

The law that allows state sales tax rebates to pay sports complexes, LB39, was approved in the 2021 legislature.

The law allows state sales taxes collected by hotels and other businesses in a designated district to be used to build a sports complex. To be eligible, a business capable of generating significant sales tax collections must be located within 600 meters of the complex.

Source link

About Francis Harris

Check Also

Freshii signs $ 4.6 million deal for majority stake in online health and wellness retailer

Photo: Shutterstock Toronto-based Fast Casual Freshii has signed an agreement to acquire a controlling stake …

Leave a Reply

Your email address will not be published. Required fields are marked *