NE LB1130

Creates a new type of political subdivision called "Community Improvement Districts" that can be formed by a majority of property owners within a Nebraska city or village to construct, maintain, and repair public infrastructure including roads, utilities, parks, and recreational facilities

Requires approval by the city council or village board of trustees following a public hearing process with published notice; property owners who object may have their property excluded unless inclusion is deemed necessary for public health/welfare or the property will be specially benefited by improvements

Grants districts authority to levy property taxes (at rates specified in articles of association), issue bonds payable over up to 30 years, levy special assessments on benefited properties, and exercise eminent domain powers with city/village approval

Establishes a 5-member elected board of trustees to govern each district, with elections held every 2 years; after 6 years, 2 trustees are elected by resident property owners and 3 by all property owners, with voting rights weighted by acreage or number of platted lots owned

Provides mechanisms for district oversight including annual audits filed with the Auditor of Public Accounts, procedures for merger/dissolution/annexation, appointment of an administrator by the Auditor if a district defaults on obligations, and recall procedures for removing trustees