City of North Platte
QUALITY GROWTH
Fund Renewal 2020
North Platte needs your YES vote on Issues 1 & 2
“Mayors and business leaders agree that creative public/private partnerships are a major force in shaping cities of the 21st century and experience has shown that when businesses and local governments work together, our cities benefit and our nation is stronger.”
THIS IS NOT A NEW TAX
North Platte first adopted LB840 at a February 2001 special election for 2001-2011, was renewed by North Platte voters in November 2010 for the timeline of 2011-2021, and is up for renewal again November 3, 2020 for 2021-2031.
KEEPING NORTH PLATTE COMPETITIVE
This fund keeps North Platte competitive for economic development projects, and is utilized for a variety of projects and quality job creation. Projects can include loans, grants, performance-based loans, infrastructure projects, studies, consultants, workforce housing, marketing, promotion, job training, real estate acquisition, equipment and other eligible uses defined in the plan and statute.
This fund is a highly recognized economic development tool and one of the first questions a business prospect will ask a community when seeking information. In fact, in Nebraska there are 74 communities with a voter approved LB840 economic development program. 73 of the 74 communities are funded through some type of local sales or general fund revenue tax.
PLAN FUNDING
The plan funding is based on a formula of economic growth creating more sales tax revenue, so existing resources are not encumbered. It allows for no more than $650,000 annually. It averaged $538,165 the past 10 years. Only 4 times in the 20 years of its existence did it reach the maximum level.
2011$439,391
2012$465,386
2013$645,627
2014$650,000
2015$650,000
2016$650,000
2017$650,000
2018$575,300
2019$599,622
2020$563,279
2017$650,000
2018$575,300
2019$599,622
2020$563,279
BUSINESSES IMPACTED SO FAR
Breakdown of Business Impact
- 31 – Applications with direct benefit
- 5 – Twin Rivers Business Park
- 19 – City Industrial Park
- 82 – Shot in the Arm local businesses
- 86 – SBA Technical Assistance Grants
- 140 – Business Boost Gift Cards
- 72 – Eligible Businesses with the Downtown Façade Program
- 15 – WorkNP benefited businesses
QGF Impact from 2004-2020
- First revenue started accumulating in 2003
- (2001-2011) – $232,707 annual average; (2011-2020) – $538,165 annual ave.
- 475 Businesses impacted – direct or indirect, over $6 million dispersed
SALES INCOME IMPACTED BY NON-RESIDENTS
Non-Residents pay sales taxes on purchases contributing to the Quality Growth Fund
The map shows visitors that stopped in North Platte, at least TWICE in 2019 for a minimum of 5 minutes.
- 4,999 zip codes
- 14,444 non-residents households
- 50 States
KEY PROJECTS INCLUDE
City Business Park
City Business Park which includes 19 separate business operations, among them Cabela’s, Bass Pro Call Center, Chief Industries, Prataria Centures, Iron Trail Warehouse District, and more.
Downtown Revitalization Project
Downtown Revitalization Project you recently approved, part of a $4 million upgrade to downtown.
Downtown Façade Restoration Project
Downtown Façade Restoration Project, making 72 Buildings eligible for matching grants.
Shot in the Arm Phase 1
48 speculative housing units, all sold with approximately $10 million of new valuation; over 100 residents impacted.
Shot in the Arm Phase 2
Providing matching funds with Rural Workforce Housing Funds, Union Pacific Foundation, Great Plains Health and North Platte Area Chamber & Development Corporation to raise $1.2 million in incentive funds impacting another 150 single-family, townhome and multi-unit residences.
WorkNP Incentive Recruitment Program
WorkNP incentive recruitment program bringing North Platte tremendous national, statewide and region recognition for its innovation and resulting in approximately 15 -20 professionals moving to North Platte.
Buxton Retail Analytics
Buxton Retail Analytics, for the retention and recruitment of retail stores to North Platte in the wake of national closures of well-known retailers. This program continues through 2021.
475 Businesses Impacted – Direct or Indirect, Over $6 Million Dispersed
82 LOCAL ENTITIES INVOLVED IN SHOT IN THE ARM HOUSING PROJECTS
- Wilk Builders
- Sandoval Concrete
- Dancer Properties
- Valley Lawn and Grass
- Lincoln County Comm. Dev. Corp.
- Normanʼs Plumbing
- Batt Construction
- Albrecht Masonry
- Roethemeyer Development
- Stone Creek Landscaping & Design
- Keith Hinrichsen Construction
- Hamilton Roofing & Contracting
- Grizzly Jʼs Woodworking
- Paulsen Redi-Mix
- RCR Properties
- Front Street Framing
- Western Insurors/Adams Ins.
- Advisor
- Wall Doctor
- Commercial Investment Services
- Mead Lumber
- Countryside Concrete
- Karlʼs Appliance
- Hamilton Builders
- Pro-Rolloff
- First National Bank
- Western Materials Inc.
- Nebraskaland National Bank
- Halls Electric
- Adams Bank & Trust
- LLR & J Inc.
- Hershey State Bank
- Denny Hansen Construction
- Great Western Bank
- Weathercraft Companies of North Platte
- Aupperle Plumbing
- Sherwin-Williams Paint Store
- John Cummings Construction
- Arnold Insurance Company
- Select Abbey Tile & Carpet
- Platte Valley Electric
- Wall Doctor
- Bruce Furniture
- Coldwell Bankers
- Carhart Lumber
- Gateway Realty
- Menards
- Lashley Land & Realty
- Beveridge Inc.
- Great Plains Realty
- (John) Leeʼs Good Life Construction
- Scott Abstract
- Alʼs Electric
- Western Abstract & Title
- Lusk Heating and Air
- Re/Max Realty
- Hazen Sprinklers
- Condon Signs
- Bloedorn Lumber
- Creative Interiors
- Steele Construction
- TC Engineering
- Great Plains Health
- Damoude Concrete Pumping
- Union Pacific Railroad
- S & S Electric
- Brady Community Foundation
- Winn Supply
- Eickhoff Construction
- John Cummins Construction
- KJ Construction
- Sitorius Painting
- Pagel Electric
- Bloedorn Lumber
- Franzen Plumbing
- Curt Nichols, GC
- A J Heating & Air
- Down & Dirty Cleaning
- Holcomb Heating
- IC Quality Painting
- Walmart
- Knobel Refrigeration
- Wilk Builders
- Sandoval Concrete
- Dancer Properties
- Valley Lawn and Grass
- Lincoln County Comm. Dev. Corp.
- Normanʼs Plumbing
- Batt Construction
- Albrecht Masonry
- Roethemeyer Development
- Stone Creek Landscaping & Design
- Keith Hinrichsen Construction
- Hamilton Roofing & Contracting
- Grizzly Jʼs Woodworking
- Paulsen Redi-Mix
- RCR Properties
- Front Street Framing
- Western Insurors/Adams Ins.
- Advisor
- Wall Doctor
- Commercial Investment Services
- Mead Lumber
- Platte Valley Electric
- Wall Doctor
- Bruce Furniture
- Coldwell Bankers
- Carhart Lumber
- Gateway Realty
- Menards
- Lashley Land & Realty
- Beveridge Inc.
- Great Plains Realty
- (John) Leeʼs Good Life Construction
- Scott Abstract
- Alʼs Electric
- Western Abstract & Title
- Lusk Heating and Air
- Re/Max Realty
- Hazen Sprinklers
- Condon Signs
- Bloedorn Lumber
- Creative Interiors
- Steele Construction
- TC Engineering
- Countryside Concrete
- Karlʼs Appliance
- Hamilton Builders
- Pro-Rolloff
- First National Bank
- Western Materials Inc.
- Nebraskaland National Bank
- Halls Electric
- Adams Bank & Trust
- LLR & J Inc.
- Hershey State Bank
- Denny Hansen Construction
- Great Western Bank
- Weathercraft Companies of North Platte
- Aupperle Plumbing
- Sherwin-Williams Paint Store
- John Cummings Construction
- Arnold Insurance Company
- Select Abbey Tile & Carpet
- Great Plains Health
- Damoude Concrete Pumping
- Union Pacific Railroad
- S & S Electric
- Brady Community Foundation
- Winn Supply
- Eickhoff Construction
- John Cummins Construction
- KJ Construction
- Sitorius Painting
- Pagel Electric
- Bloedorn Lumber
- Franzen Plumbing
- Curt Nichols, GC
- A J Heating & Air
- Down & Dirty Cleaning
- Holcomb Heating
- IC Quality Painting
- Walmart
- Knobel Refrigeration
Other Direct Incentive Projects Have Included
- Big Eye Spinner Baits
- Hobby Lobby
- Prairie Arts Center
- Priority Medical Transport
- ABC Recycling
- Switchyard Restaurant
- Inland Truck
- Bio-Ag Solutions
- Fremont Drive construction
- BTS of North Platte
- Vehicle Specialists
- Twin Rivers Testing & Environmental
- Housing Study
- Industry Marketing Plan
- Loveʼs Truck Stop infrastructure
- Original Town Association Railfest
- Hirschfeldʼs
- Matching funds for CDBG downtown revitalization grant
- North Platte Parks, Recreation and Wellness
- Foundation market study and financial analysis
- K & L Enterprises
- Blakely Enterprises, Dixon Building
- Bruce Furniture
- Target Industry Marketing Plan
- Façade Restoration / Downtown Enhancement Projects
- Chief Industries / Prataria Ventures
- Hintonʼs Lock & Alarm
- Salon Nicholas
- Blakely Enterprise
- The Flower Market
- North Platte Childrenʼs Museum
- Garyʼs Super Food
- WBʼs Fun Center & Bowling Alley
- Premier Toyota (Fremont Slough)
- Nebraskaland Days
QGF Projects in Response to COVID-19
SBA Tech Assistance Grants: 89 businesses thus far – can apply through December 2020.
- Totals: $20,080
- $19,920 in PPP
- $5,545 in PPP Loan Forgiveness
- $2,310 in EIDL
Business Gift Card Boost Program
- 140 Businesses received $1-for-$1 match.
- 62 of those businesses maxed out at the $2,000 mark.
- Program reached the $200,000 mark on the 15th day.
- Hair Stylists, restaurants, retail shops, photographers, and more.
Assisting Current Businesses and Future Growth
- Downtown Facade Restoration Grants received QGF.
- Recent Street improvement grant to the beautification portion of the “Canteen District”.
- Housing Projects and local contracts have benefited.
- Critical in expanding Twin Rivers Business Park.
- Crucial for the proposed Industrial Rail Park.
Looking Forward with our Proposed Rail Park Plan of Action
2020
- Site-Ready Assistance Planning (QGF, NPPD & Chamber Incentive Partners) — $150,000 allocated
- Land “Option to Purchase” Agreement – in place – 118 acres in 4 parcels / 5 years
- Phase 1 Environmental
- ALTA Survey
- Geotechnical Investigation
- Natural Features / Wetland Delineation
- Endangered Species Determination
- Redevelopment Blight Study
- Cooperation sought with Greenbrier Rail Services agreement
Preliminary recruitment of potential industry and rail customers - Renewal of North Platte Quality Growth Fund
- Master Planning & Layout / in cooperation with Union Pacific standards
2021
- Master Planning to continue
- Recruitment of industry kicks in high gear
- Additional Environmental Studies if needed / DEQ Funding
- Potential Annexation planning begins (Village of Hershey)
- Blight Study adopted (Village of Hershey)
- Utility extensions planned (Village of Hershey)
- Rezoning proposed (Village of Hershey)
- Redevelopment Plan adopted (Village of Hershey)
2021 – 2024
- Development of the Park’s infrastructure and industrial pads
- Anchor tenant secured so that the 2021 steps can be initiated
- Park layout will depend on the nature of the anchor tenant
- Site Preparation and Infrastructure installation
North Platte needs your YES vote on Issues 1 & 2
Your Future, Your Community, Your Vote
For questions or comments please contact us.
North Platte Area Chamber & Development Corporation
502 S Dewey Street
North Platte, NE, 69101
Contact
Cassie Condon
(308) 532-4966
Email Cassie
Contact
Gary Person
(308) 532-4966
Email Gary