Tag Archives: City of Lincoln

‘Bringing back an icon’: $75 million plan to revive Blackstone Hotel, a former hangout for Gold Coast elite

By Cindy Gonzalez, Omaha World-Herald

In addition to TIF [Tax-Increment Financing], the developers seek “enhanced employment area occupation tax financing” amounting to nearly $10 million. Overall, the bulk of funding would come from a construction loan and investor equity, but also helping to fund the project would be about $6.5 million in federal and state historic tax credits and $3.5 million in Property Assessed Clean Energy financing (PACE is a new financing tool used to upgrade energy, water and utility systems in commercial properties).  Read more here.

Photo by Pat Hawks, Flickr

ADDITIONAL RECOMMENDED READING

BEATRICE – The City of Omaha is the first to adopt an ordinance allowing its use in Nebraska. The City of Lincoln is considering the same.  Now, Beatrice is being asked to consider Property Assessed Clean Energy financing, or PACE, as another tool for economic development.  It’s described as a low-cost, long-term financing mechanism for energy efficiency or renewable energy projects. Chris Peterson, Managing Partner for Pace Sage Capital in Nebraska, worked as a Legislative Aide to former State Senator Heath Mello when PACE was enabled through state law, making Nebraska the 34th state to enact it.

MORE ABOUT PROPERTY ASSESSED CLEAN ENERGY (PACE) 

PACE was named one of the top 20 “world-changing” ideas by Scientific American magazine.
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PACE Nation

Track Kearney solar park’s energy with online tool

By KHGI, Nebraska TV

Click graphic to link to Kearney Solar Farm’s energy production dashboard.

The online dashboard will display the amount of energy produced on an hourly, monthly, yearly and lifetime basis . . . and how much of other natural resources Kearney residents have saved by going green with solar. Read more.

ADDITIONAL NEBRASKA / MIDWEST NEWS

NEBRASKA ENERGY QUARTERLY
The Nebraska Energy Office’s December2017 Newsletter includes the following articles:

Click here to access additional articles and here to subscribe to the Nebraska Energy Quarterly, sent by email.

Council approves solar energy system for Capitol Beach site

By Nancy Hicks, Lincoln Journal Star

The group of homeowners interested in developing the 100-kilowatt solar energy system on land owned by the Capitol Beach Neighborhood Association had a letter from the Nebraska Game and Parks Commission recommending it put the solar panels farther to the north to avoid affecting saltwort growing in the wetland area. The group has agreed to do that, said Terry Wittler, a Lincoln attorney and one of three Capitol Beach homeowners, who created Beach Solar LLC, which is developing the solar energy system. Read the entire story here.

Photo Credit: Lincoln Journal Star

RELATED READING
Capitol Beach would have first community solar energy project
The group, which has incorporated as Beach Solar LLC, hopes to have up to 20 Capitol Beach homeowners invest in the solar system, according to Terry Wittler, one of the homeowners involved in the development.