Ordinance No. 8021 approved by the City Council on June 27, 1994, pursuant to the provisions of Neb. Rev. Stat. §18-2102-01 and Section 37-31 thru 37-35 of the City Code provides for the establishment of the Community Redevelopment Authority (CRA). The purpose of the Community Redevelopment Authority is to be a useful tool in economic development and to enable a wide variety of improvements within their blighted and substandard project area. Included in the abilities of the Authority are employing tax increment financing, expending funds to acquire substandard or blighted areas including land, buildings and improvements, demolition or removal of buildings and funding infrastructure improvements.

The Authority shall consist of five members appointed by the Mayor with Council approval. Members serve five year terms and meet the second Wednesday of every month at 4:00 p.m. in the Community Meeting Room at City Hall.