Posted: August 11, 2017
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF081617-11

Agenda Item Title:

Authorize Mayor and Finance Officer to Sign Resolution 2017-075, A Resolution of Intent to Enter into a Lease of Property with Black Hills Visitor Information Center Development Corporation Pursuant to SDCL 9-12-5.2

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
08/16/2017
City Council Hearing Date:
08/21/2017
Staff Contact:
Wade Nyberg
Agenda Item Summary:
Black Hills Visitor Information Center Development Corporation d/ba Black Hills and Badlands Tourism Association, currently leases what is commonly known as the Visitor Information Center at 1851 Discovery Circle. The current lease’s 20-year term is set to expire at the end of the year. A new lease has been negotiated, and upon publication of this resolution, a public hearing will be held at the 9/5/2017 City Council meeting, after which the lease may be approved.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center
No fiscal impact is expected.

Recommendations:

Origination Recommendation Action:
Approve

Attachments & Links to Download:

pdf LF081617-11 Resolution No. 2017-075 (31 KB)

Login Form