Agenda Item Title:
APPROVE RESOLUTION No. 2018-005 RESOLUTION REMOVING THE RAPID CITY SPECIAL ASSESSMENT ON AIRPORT ADDITION, BLOCK 31, S78.5’ OF W98.5’, LESS LOT H-1
Origination Group:
Legal & Finance Committee
Origination Meeting Date:
01/31/2018
City Council Hearing Date:
02/05/2018
Staff Contact:
Pauline Sumption
Agenda Item Summary:
The City acquired this property from the County by purchasing the tax deed for property previously owned by Mark & Patricia Bennett and therefore the special assessment should be removed as it doesn’t make sense to pay ourselves. Approving this resolution will allow the County and the City to remove this from their records.
Funding Source & Fiscal Impact (if applicable):
| Funding | Cost Center |
|---|---|
| This will decrease a receivable within the SAB28 Fund and will not have a direct impact on cash on hand. | |
Recommendations:
Origination Recommendation Action:
Approve