On top of this local support, the City is blessed with a sizeable work force which is both hard working and highly educated. Within a 30-minute drive of Central City, there is an available labor pool of more than 80,000 people.

Central City has many other attributes making it attractive to industry including a great location with easy acces to a variety of transporation services. Central City is intersected by two major highways, has two railroads, is within 17 miles of Interstate 80, and is within 20 minutes of a large regional airport.

City

• Sales Tax Funds: The city's economic development sales tax funds can be made available to businesses in the form of direct financial assistance, such as low interest loans; purchase/lease back of buildings; or assistance with moving or new equipment costs. The ability of the city to be able to provide direct financial assistance makes Central City a unique opportunity for a business or industry looking to establish itself in a new location.
  
  
• Utilities: The city owns and operates all utilities, which means businesses have only one place to stop for coordinating all of the business utility needs.
  
  
• Tax Increment Financing (TIF): the City has the ability to use TIF to assist a new or expanding business.

State of Nebraska

• LB 775 provides credits which can substantially reduce or even eliminate a company's tax liability. With major investments in employees and property, a company can pay little or no corporate income taxes, sales and use taxes, or personal property taxes on certain property for up to 15 years.
  
  
• Community Development Block Grants (CDBG) funds can be used for a wide variety of purposes in support of a new business to the state, when that business creates new jobs. These funds include grants, loans or job training assistance.

For further information on any issue relating to economic development, including availability of buildings or land, financial incentives or employee availability, contact the following: