Posted: October 25, 2023
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF110123-07

Agenda Item Title:

Acknowledge Opportunity Capture Fund Minutes from September 1, 2023

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
City Council Hearing Date:
Staff Contact:
Daniel Ainslie
Circle of Friends Community Room
Agenda Item Summary:
The Opportunity Capture Fund Committee met on September 1, 2023. The Committee discussed two requests presented by Elevate Rapid City. The first request was to provide a loan to Phase Technologies to assist in their manufacturing expansion. The second request to consider providing a match for a grant application.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center


Origination Recommendation Action:

Attachments & Links to Download:

pdf LF110123-07 Minutes 09012023 (10 KB)

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