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Posted: June 20, 2019
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF062619 06

Agenda Item Title:

Authorize Mayor and Finance Officer to Sign First Amendment to Contract for Private Development for Tax Increment District Number Sixty-seven Between Doeck, LLC and the City of Rapid City

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
06/26/2019
City Council Hearing Date:
07/01/2019
Staff Contact:
Patsy Horton/Wade Nyberg
Agenda Item Summary:
The Council approved an amendment reallocating costs within the Project Plan for TIF 67 (Item 19TIF001) at its June 3, 2019, meeting. This Amendment incorporates that project plan amendment into the Developer’s Agreement.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center

Recommendations:

Origination Recommendation Action:
Approve