Arterial street improvement program fund.
Omaha Municipal Code § 10-311
in effectSec. 10-311. - Arterial street improvement program fund.
There is hereby created a special fund to be known as the arterial street improvement program (ASIP fund) that shall be collected, held and invested by the City of Omaha, but expended on the projects referenced in this article, and disbursed to Douglas County as a supplement for the design and construction of such projects. Initial and later projects are hereafter referred to as "projects". The priority of projects is shown in section 10-315. This article shall be studied by the city and county every three years following the effective date of this article for possible amendment to project priorities and fee adjustments. Prior to submittal to city council, public meetings will be held with the Metropolitan Omaha Builders Association "MOBA", the Omaha Commercial Property Owners Association "CPO" and the Eastern Nebraska Development Council "ENDC" to discuss any revision to the article. All such revisions shall be reasonable; based upon engineering studies reasonably establishing the extent of project need and the costs for the same. In making any revisions to such fees, the city shall be mindful of the overall costs of similar fees upon new development, including without limitation neighborhood and regional park fees and interceptor sewer fees. Revisions to any and all such fees shall be based upon studied need and properly estimated costs to maintain a proper balance of appropriate revenue sources for such infrastructure development. Nothing in the creation of this fund implies that the city, county, State of Nebraska, or federal government is prohibited or discouraged from using any other source of funds for such suburban street improvements, or that any private party is prohibited from using any private source of funds for such design or construction activity.
(Ord. No. 36946, § 3, 3-8-05; Ord. No. 40442, § 2, 8-18-15)
Source: City of Omaha, Municipal Code and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/ne/omaha/codes/code_of_ordinances?nodeId=PTIIMUCO_CH10FI_ARTXIIISUDEFURTSTIMPRAS_S10-311ARSTIMPRFUFetched: 10/28/2026