Eligible Activities
Eligible activities under the Economic Development Plan may include the following to attract new and existing business and industry development in Fremont
• Land purchase/options
• Infrastructure to new or existing business and industry
• Site improvements
• Construction for new or existing business or industry or on a speculative basis
A complete list of eligible activities can be found in the current Local Option Economic Development Plan.

Eligible Businesses
A qualifying business shall mean any corporation, partnership, limited liability company, or sole proprietorship which derives its principal source of income from any of the following:
• Research and development
• Manufacturing
• Warehouse/Distribution
• Sale of services in interstate commerce
• Headquarter facilities
• Telecommunications
• Tourism-related activities
 

Application Process
To be considered for financial assistance, applicants must provide a completed application, including all applicable attachments. Return completed applications to the grant coordinator or city administrator at the Municipal Building located at 400 E. Military Ave., Fremont, NE  68025.  Click here Version Options Local Option Economic Development Plan Headline for an illustrated overview of the entire application process.  
      
Administrative System
The Economic Development Plan is administered by a Plan Administrator. The Administrator will receive applications and submit them to the Economic Development Team as well as the Citizen Advisory Review Committee. 

The Local Option Review Team reviews the application in regards to project feasibility and the potential future economic benefit to the community and decide whether to recommend to the City Council for approval. If the Local Option Review Team does not recommend the application, the business can decide to revise the plan and resubmit it to the Team for a second review or elect to present the existing plan to the City Council without a favorable recommendation from the Team.

The Citizen Advisory Review Committee reviews the application to see if the proposed project is an eligible activity and is in compliance with the plan. Their recommendation is forward to the City Council. The final determination of the application is made by the City Council.

Local Option Economic Development revenues have helped fund projects that have created a significant number of new jobs in Fremont and a significant expansion of Fremont’s industrial base.