Posted: July 08, 2022
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF071322 04

Agenda Item Title:

Approve Mayor and Finance Director to Enter Into an Agreement With Central States Fair, Inc. To Outline the Conditions and Requirements Regarding An Award of Vision Funds In the Amount of $980,000.00

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
07/13/2022
City Council Hearing Date:
07/18/2022
Staff Contact:
Justin Williams, Assistant City Attorney
Agenda Item Summary:
Council approved an award of Vision Funds in the amount of $980,000.00 on January 10, 2022 to Central States Fair, Inc. to be used to help fund renovations to its Soule Building, Fine Arts Building, and several livestock barns.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center

Recommendations:

Origination Recommendation Action:
Approve

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