12 - Standard Form for Expedited Review(1)
For Official Use
Date Received
Application for Expedited Review
Date of Review
of Community Redevelopment Plan
Approved Denied
Tax Increment Financing (TIF) Project
County Name City
Redeveloper (Owner)
Redevelopment Project Name
Parcel Number
Application Date of the Expedited Redevelopment
1. What are the existing uses and condition of the property within the redevelopment project area?
2. What are the proposed uses of the property within the redevelopment project area?
3a. Has the structure been within the corporate limits of the city for at least sixty years? Yes No
3b. If the project includes the redevelopment of a vacant lot that is within the corporate limits of the city, has that lot been
platted for at least sixty years? Yes No
4. What is the current assessed value of the property within the redevelopment project area?
5. What the increase in the assessed value of the property within the redevelopment project area that is estimated to
occur as a result of the redevelopment project?
6. Will the redevelopment project will be financed in whole or in part through the division of taxes as provided
in section 18-2147?
Yes No
7. Building permit numbers (if required)
Attach copies of permits to application.
Signature Date
Upon completion of this form, the redeveloper must provide the original
to the City or Community Redevelopment Authority.
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Instructions
Who Must File. elected to allow
expedited reviews of redevelopment plans that meet the requirements below, this form must be filed
with the city or the CRA in order to receive an expedited review. A redevelopment plan is eligible for
expedited review if:
1. The redevelopment plan includes only one project;
2. The project is located within a substandard and blighted area that has been within the
corporate limits of the city for at least sixty years and:
a. Involves the repair, rehabilitation, or replacement of an existing structure; or
b. Involves the redevelopment of a vacant lot that has been platted for at least
sixty years;
3. The project is located in a county with a population of less than 100,000 inhabitants; and
4. The assessed value of the property within the project area when the project is complete
is estimated to be no more than:
a. $350,000 for a project involving a single-family residential structure;
b. $1.5 million for a project involving a multi-family residential or
commercial structure;
c. $10 million for a project involving the revitalization of a structure included in the
National Register of Historic Places.
The redeveloper shall submit the redevelopment plan directly to the city or CRA, along with any
building permit or other permits necessary to complete the redevelopment project, and an application
fee in an amount set by the governing body, not to exceed fifty dollars. If the city or CRA determines
that the application meets the requirements above, the authority will approve the plan within 30 days
of the submission of the plan. Once approved the authority incurs indebtedness for the project, and
the project begins.
The county assessor shall then determine: (1) If the redevelopment project was fully completed
within two years after the approval of the development plan and (2) the assessed value of the
property within the redevelopment project area. Once completion has been determined, the county
assessor shall certify the completion of the expedited redevelopment plan to the city or community
redevelopment authority (CRA). Once the county assessor has certified this form as required in Neb.
Rev. Stat. § 18-2155, the city or CRA may begin to use the portion of taxes as indicated in Neb. Rev.
Stat. § 18-2147 to pay the indebtedness incurred by the city or CRA pursuant to Neb. Rev. Stat. §
18-2155. Payments shall be remitted to the owner of record of the property on which the structure is
located in the redevelopment plan.
Reissued July, 2022. Replaces original issued November 2020. Authorized by Neb. Rev. Stat. § 18-2155