Posted: December 22, 2023
Rapid City
Agenda Item Summary

Agenda Item Ref. #: CC122623-02.3 Resolution 2023-103 for City of Rapid City

Agenda Item Title:

Authorize the City to apply for and the Mayor to sign resolution #2023-103. A Resolution in Support of City of Rapid City’s SD Housing Infrastructure Application for Sedivy Lane Sewer Improvements

Origination Group:
City Council
Origination Meeting Date:
12/26/2023
Agenda Item Summary:
This represents a public/private collaborative effort to address the housing needs of our community by applying for funding from SD Housing’s Housing Infrastructure Financing Program. See attachment for full explanation. Fiscal impact: The SD Housing grant will cover up to 1/3rd of the project cost. The remaining funding will come from Streets and Sewer.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center

Recommendations:

Origination Recommendation Notes:
Send to Council without Recommendation

Attachments & Links to Download:

  pdf Resolution 2023-103 (39 KB)

  pdf Overview (187 KB)

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