List Your Equipment For Free  /  Seller Login

Sports Complex May Miss Out on Turnback Taxes

Fri February 16, 2018 - National Edition
The Associated Press


The project includes soccer fields, squash and pickleball courts, tennis courts and an aquatic center with Olympic-sized and therapy pools.
The project includes soccer fields, squash and pickleball courts, tennis courts and an aquatic center with Olympic-sized and therapy pools.

LA VISTA, Neb. (AP) — A Nebraska sports complex may miss out on turnback taxes because of a delay in its opening.

The Omaha World-Herald reports that the $125 million Nebraska Multisport Complex in La Vista is still in its fundraising phase and hasn't set a date for beginning construction.

The project will likely miss an October deadline to secure up to $50 million in state turnback tax.

Tax forms indicate that the group has raised more than $11 million for the project since 2016. The project will also be financed by revenue bonds, $10 million in infrastructure support from La Vista, revenue from the complex and potential tourism dollars from Sarpy County.

The project includes soccer fields, squash and pickleball courts, tennis courts and an aquatic center with Olympic-sized and therapy pools.

In Aug. 2017, Kansas-city-based J.E. Dunn Construction Company, which performed the site grading, won the bid as the project's general contractor.




Today's top stories

Construction Industry Optimistically Preparing for New Year Ahead

CFX Oversees $412M SR429 Expansion in Florida

Capital Express Central Project Ramps Up in Texas

VIDEO: NCDOT Plans Major Road Upgrades in Wilmington Over Next Several Years

DEVELON Set to Exhibit at ARA Show 2025

Des Moines Airport Works With Weitz/Turner On Expansion

Ring Power Lift Trucks Partners With Hiab to Bring MOFFETT Truck-Mounted Forklifts to Florida Customers

Earthborne Demo Day Draws Crowd Despite Downpour