Explore the highpoint of Nebraska
If you are looking for a perfect place to start a new business, Kimball might be that!
Kimball is more than just the rural standard when it comes to economic growth. Working in Kimball also brings the best aspects of living in a small town; zero commute, low cost of living, plus a warm sense of community and high civic engagement. Folks here make the time to engage resources and community connections that truly make them happy!
PRESS RELEASE Regarding LB840 Funds
For Immediate Release | April 21, 2021
Missile Silo Project
In January 2019, the Chamber hosted a meeting with the Greater Cheyenne Chamber and local businesses discussing the future of the Defense Department’s Ground Based Strategic Deterrent project (GBSD) and the business opportunities for local vendors to become a part of this project. The GBSD project that will be based out of Cheyenne Warren A.F.B was confirmed on Friday in a news release.In June 2019, a representative from one of the ‘potential’ project developers, Bechtel Corp., visited with the City Administrator regarding project housing for onsite engineers and crew members. Bechtel is a global engineering management company that works in multiple markets including nuclear and security. At the time of this visit, they were inquiring about options for possible locations within the City limits of Kimball. Housing would be for 2000 employees for approximately 4 years. There was no timeframe discussed as all of this was still in the early stages of the Defense Department’s decision on choosing their vendor between Northrop or Boeing.In February 2020 Northrop announced they added Bechtel to their team for the GBSD project.In June 2020, the City Administration reached out Bechtel to let them know the City of Kimball welcomes them back for discussions on what their future needs may be. The response received was positive, the Bechtel Corp is still interested in working with Kimball and will be in touch with our City leaders once the project moves forward. Again, there was no time frame given as the project has just been announced.
Community for Kids
This is a project that the City of Kimball and Western Nebraska Community College are working to provide a satellite daycare/pre-school center here in the Kimball Community. This project is ongoing. Stop by here for more updates!
LB840 Loan Program
LB840 Loan Program verbiage (the definition of the Kimball Economic Development Program encompasses the plan in its entirety; including program renewal, funding and the execution of the plan. “The Program” shall also encompass any project utilizing funds for the purpose of providing: direct or indirect financial assistance to qualifying retail and non-retail businesses; the payment of related costs or expenses; the operations of the revolving loan fund; projects that partner with the Community Development Agency or Forward Kimball Industries or any other formally established ‘development based’ organization and individuals for the demolition, construction and renovation of commercial and residential properties; related administrative expenses including a full time director, support staff and associated administrative expenses; marketing; or any other ancillary project or promotion such as tourism or value added agricultural endeavors.
These funds are derived from the collection of the ½ cent sales tax collection; Community Development Block Grant ‘reuse’ funds; principal and interest receivables; regional, state or federal grants leveraged with local funds; contributions naming the Economic Development Program as the benefactor; balance of funds not yet expended from any original Economic Development Program previously in place; City of Kimball funds that City Council authorizes for utilization for “The Program”; or any other funds either private or public (including bonded or non-bonded) that have been designated for use by the City of Kimball for “The Program”.
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223 S. Chestnut, Kimball, NE 69145 | 308-235-3639 | Email Us | Office Hours: Monday - Friday 7:30 am - 4:30 pm