What is the Local Option Municipal Economic Development Act and how can it be used for telecommunications services?
The Local Option Municipal Economic Development Act (LB 840, 1991) authorizes incorporated cities and villages to collect and appropriate local tax dollars (sales and/or property tax) if approved by the local voters, for economic development purposes. These purposes can include telecommunications infrastructure and services. See: http://assist.neded.org/lb840x.html for more complete information about this program and the communities that have voted it in.
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