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Posted: May 05, 2016
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF051116-05

Agenda Item Title:

Authorize Mayor & Finance Officer to sign Electric Cooperative Agreement with West River Electric Association and Black Hills Electric Cooperative for FY2017

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
05/11/2016
City Council Hearing Date:
05/16/2016
Agenda Item Summary:
This request comes annually to lower their gross receipts tax from the maximum of 2%. For 2017, they are requesting that they pay 1%, which is consistent to past years.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center

Recommendations:

Origination Recommendation Action:
Approve
City Council Recommendation Action:
Approve

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