Nebraska § 72-1705 Community board; duties; petition for designation of business incubation center

Nebraska Statutes

§ 72-1705 — Community board; duties; petition for designation of business incubation center

Nebraska § 72-1705

Ch. 72Public Lands, Buildings, and Funds

This text of Nebraska § 72-1705 (Community board; duties; petition for designation of business incubation center) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 72-1705 (2026).

Text

(1)The community board shall:

(a)Identify the building or part of the building under consideration for designation as a business incubation center;

(b)Advertise the concept of a business incubation center in the surrounding area;

(c)Solicit the views of the community concerning the designation of the building or part of the building under consideration as a business incubation center;

(d)Identify possible tenants; and

(e)Obtain commitments from persons, organizations, businesses, or other sources amounting to at least fifty percent of those costs not covered by rental fees that the board estimates will be needed for the establishment and operation of the business incubation center for three years.

(2)If after performing the duties required by subsection (1) of this section the commu

Free access — add to your briefcase to read the full text and ask questions with AI

(1) The community board shall:
(a) Identify the building or part of the building under consideration for designation as a business incubation center;
(b) Advertise the concept of a business incubation center in the surrounding area;
(c) Solicit the views of the community concerning the designation of the building or part of the building under consideration as a business incubation center;
(d) Identify possible tenants; and
(e) Obtain commitments from persons, organizations, businesses, or other sources amounting to at least fifty percent of those costs not covered by rental fees that the board estimates will be needed for the establishment and operation of the business incubation center for three years.
(2) If after performing the duties required by subsection (1) of this section the community board determines that a designation of the building under consideration as a business incubation center is desirable and possible, the community board shall petition the public agency which has ownership or control of such building for the designation.