Economic Development

Interested in learning more about David City, Butler County and the surrounding area? Visit these links:

Available industrial sites & buildings:

 

Economic Development Re-Use Fund is a regional plan for projects located within the City of David City. The objectives of the reuse fund are to provide financing for start-up and existing business to attract new business to the area and to create and retain jobs for low to moderate income persons. An application review committee has been created to review applications. For more information, contact Joe Johnson, David City, City Administrator at (402) 367-3135.

The City of David has the ability to use Tax Increment Financing (TIF) to assist a new or expanding business. For more information, contact the David City office at (402) 367-3135.

 

Projects and Programs

Economic Development projects and programs that have been recently completed or initiated include the following:

  • Business Recruitment and prospect visits one of which resulted in the recruitment of Tabitha Home Health Care opening an office in David City.
  • Community Development Block Grant Reuse Fund which allows the city to loan money out to existing and startup business for job creation.
  • Creation of a countywide economic development group focused on economic, community, and leadership development in Butler County.
  • City Survey to determine the needs of the city.
  • Web Site Development and updates.
  • Enhancement of local telecommunications alternatives, such as DSL services, Wireless and Cable, for businesses and residents.

 

The David City Area Foundation, organized in 1982, provides a means by which those persons who wish to have an impact on the future of David City may do so with tax deductible gifts of money, property, stocks, bonds, or insurance policies. Many gifts to the Foundation are memorials to friends and loved ones. The Foundation is structured to receive gifts of any size, and those gifts may be directed at specific uses by the donor.

The Foundation is a non-profit corporation organized under the laws of the State of Nebraska, with perpetual existence. It is affiliated with the Nebraska Community Foundation, which provides investment management services and counsel and advice to the local governing board and, if requested to, to prospective donors. The local Board of Directors is responsible for best use of the gifts, grants, and endowments provided by donors. Grants made locally can go only to qualified non-profit entities.

The David City Area Foundation currently manages eight scholarships set up by donors for the benefit of local high school graduates. It also has several other funds established for the benefit of certain local projects and activities. The largest single fund, however, is a general fund, comprised of undesignated contributions. It is with the income from this fund that the Board is able to assist in current local projects and needs according to its best judgment.

During its twenty plus years of existence the David City Area Foundation has made total grants of nearly $300,000 to local projects and activities and to scholarships for local students. This has obviously been a tremendous boost to the progress of our community. The Foundation’s assets now exceed $600,000. Clearly, the more those assets grow through gifts the more the Foundation can do for our community.

Current members of the David City Area Foundation Board of Directors include:

  • John Klosterman
  • Larry McPhillips
  • Bob Bierbower
  • Chas Eberle
  • Alan Zavodny
  • Mike Moravec
  • Roland From
  • Larry Peirce
  • Donna Behrns
  • Carol Fuxa

For more information or to make a donation, contact any director or write to us at PO Box 91, David City, NE 68632