Posted: July 29, 2016
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF071316-06A One-Year Plan Period for 2017 Vision Account Revenue

Agenda Item Title:

Approve 1-year Plan Period for 2017 Vision Account Revenue

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
07/27/2016
Stage 2 Group Name:
City Council
Stage 2 Meeting Date:
08/01/2016
Staff Contact:
Wade Nyberg
Agenda Item Summary:
Ordinance 6132, if approved, allows the Council to set the length of the Vision Account projects’ plan. The Council has previously approved the appointment of a committee to review proposed projects. The Mayor requested opening up the process for one-half of the 2017 revenue allotted to the Vision Account. This approval would set the plan period at one year, and leave future years’ revenue to the discretion of the Council.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center

Recommendations:

Origination Recommendation Action:
Approve

Attachments & Links to Download:

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