PHONE: 308-284-6623
KCAD Board Member: Drew Krab

 Drew was born and raised in Keith County, returning after college. He is now the President of Commercial Banking at Adams Bank & Trust. Drew attributes his family's long history of living in Keith County to the great people and the outdoor recreational activities as well as many other qualities that make it a great place to raise a family.

Hobbies include:
Chasing kids and supporting their activities, cheering on Husker football.

Why do you enjoy being a member of KCAD?
It's a way to work with a team of like-minded individuals that want to improve the local communities and work towards a bright future. The issues that KCAD tackles make a difference.

What is one thing you have learned about economic development through serving on the KCAD Board?
Economic development takes patience and years of disciplined planning and implementation. It doesn't happen over night and it can sometimes be easy to feel discouraged. Perseverance is an attribute you have to possess in your arsenal if you're going to be successful at economic development.

What is one thing you would like to see KCAD accomplish during your board tenure?
Assist in implementing an LB840 economic development plan in Ogallala so we can tackle more impactful projects. Ogallala is one of the few communities our size that has not utilized LB840 in the past. With LB840 at our disposal, Ogallala can begin to gain momentum. (And as of November 6, 2018, Ogallala has approved an LB840 economic development which will take effect
July 1, 2019.)

Drew, thank you for your service to the KCAD Board!
We greatly appreciate you!
Resolution 1835, better known as a LB840 economic development plan, passed with 70% of the vote on November 6th. On July 1, 2019, the city of Ogallala will dedicate 35% of the previously approved half-cent sales tax for the use of economic development. The funds directed to the LB840 plan can potentially be used to develop housing, help create new jobs, attract new businesses, assist existing businesses, and grow our community.

"I am very excited for the future of Ogallala and Keith County. These election results indicate that our residents are too! LB840 will assist in business recruitment and retention and allow us to focus on quality of place projects too. We have seen great successes over the years, but LB840 opens the door to even more for our community," said KCAD Executive Director, Mary Wilson. "It's going to be a great development tool!"

The next step in implementing the plan is the appointment of a Citizens' Advisory Review Committee which will be responsible for recommending LB840 applications to be presented to the City Council for approval. The City will share details on how to apply for the committee in the upcoming months.
Citizens of Paxton have voted to allow the collection of an additional one percent in sales tax with the proceeds being used for village infrastructure, with the priority being new water, sewer, electricity, curb, gutter, and streets on lots on the west side of town. By improving the infrastructure and meeting the needs of residents, the village hopes to sell several lots for new homes.

In order to begin collecting the sales tax monies, the next step for village officials will include getting the Department of Revenue all necessary documents before the deadline. The regulations state that the tax will be imposed on the first day of the first calendar quarter that is at least 120 days after receipt of those documents. Paxton will also need to take steps to ensure the local CRA is properly aligned and certified to take on the required duties of the inter-local agreement.

Though many people have approached the village with intent to purchase a lot, lots can not be sold at this time. The first step is to develop the infrastructure in the sub-division.
Keith County Area Development had the pleasure of hosting several business and industry recruiters from the Nebraska Department of Economic Development (DED) office in early November. In an effort to familiarize themselves with western Nebraska, DED’s business attraction and development team visited various communities to learn from leaders who are creating new opportunities for economic growth. There, they saw first-hand how state and local partnerships are building businesses, community spaces, and developments in housing and tourism. Their efforts are enhancing the region’s already amazing quality of life.

We thank DED for spending time in Keith County and allowing us the opportunity to showcase the amazing community in which we live!
Keith County Area Development has loaned more than $100,000 toward new businesses and business expansions. KCAD wants to see area businesses succeed and has developed the Revolving Loan Fund in order to better serve our local business community.

If you are a new or expanding business, call KCAD to learn more about gap financing assistance we can provide for renovations, start-up cost, expansions, and more!

Brought to you by the
Keith County Housing Development Corporation.
Check out this new home, utilizing the first funds from Keith County Housing Development Corporation's Incentive Growth Fund! For more information, or to apply for the Incentive Growth Fund, contact the KCAD office.

Interested in your own housing project? We can help!