Posted: June 21, 2019
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF062619 09

Agenda Item Title:

Authorize the Mayor and Finance Officer to Sign an Agreement Between the City of Rapid City and the Young Men’s Christian Association of Rapid City, Inc., for the Use of City Vision Funds to Renovate its Facility 625 9th Street for Use as a Childhood Development Center

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
06/26/2019
City Council Hearing Date:
07/01/2019
Petitioner:
YMCA of Rapid City
Staff Contact:
Joel Landeen, City Attorney
Location:
625 9th street
Agenda Item Summary:
This agreement authorizes the expenditure of funds from the Vision Account to help fund the renovation of the YMCA’s new child development center in the former Black Hills Energy building on 9th Street. This project was reviewed and recommended for funding by the citizens on the Vision Committee and approved for funding by the City Council on January 31, 2019. Since the project is being paid for in part by public funds, the YMCA has agreed to follow state laws on public bidding. The project is currently under construction.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center
The funding source is the Vision Account. The project will receive $366,667 from the Vision Account in 2019 & 2020 and $366,666 in 2021.

Recommendations:

Origination Recommendation Action:
Approve
Origination Recommendation Notes:
This project was recommended by the Vision Citizen Committee and the recommendation of the committee was ratified by the City Council on January 31, 2019.
City Council Options:
Approve as presented or deny

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