Posted: April 06, 2023
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF041223 07

Agenda Item Title:

Authorize the Mayor and Finance Director to Sign Lease Agreement Between The City of Rapid City and Visit Rapid City For Three Parking Spots to Park Trolleys When Not in Use

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
04/12/2023
City Council Hearing Date:
04/17/2023
Staff Contact:
Rapid Transit Director Megan Gould-Stabilee/Assistant City Attorney Justin Williams
Agenda Item Summary:
The City purchased two trollies in 2007 and an additional one in 2009 for use in city tours. The City has operated the trollies less often in the recent past due to a number of factors including lack of available staff and cost. Visit Rapid City wishes to purchase the trollies to continue operating them. After the purchase, Visit Rapid City would like to rent space from the City at 760 Centre Street to park them when not in use. Council approved the surplusing and sale of the trolleys at the 4/3/23 Council meeting. This is seeking authorization to enter into a lease to allow Visit Rapid City to park the trolleys at 760 Centre Street.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center

Recommendations:

Origination Recommendation Action:
Approve

Attachments & Links to Download:

  pdf LF041223 07 VRC Lease with Exhibit-UPDATED (768 KB)

 

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