Posted: October 03, 2016
Rapid City
Agenda Item Summary

Agenda Item Ref. #: 16TI004 - Section 9, T1N, R8E

Agenda Item Title:

16TI004 - Resolution creating the Unnamed Tributary Channel Tax Increment District and a Resolution approving the Project Plan

Origination Group:
Planning Commission
Origination Meeting Date:
Stage 2 Group Name:
Public Works Committee
Stage 2 Meeting Date:
City Council Hearing Date:
KTM Design Solutions, Inc for Yasmeen Dream, LLC
Staff Contact:
Patsy Horton, Long Range Planning Manager
East and west of Elk Vale Road between E. Highway 44 and the current terminus of East Fairmont Street
Agenda Item Summary:
The purpose of this proposed Tax Increment District is to realign a portion of the Unnamed Tributary Channel and construct Element #8 identified in the Unnamed Tributary Drainage Basin Design Plan in order to maximize development potential of the property located in the northwest portion of Orchard Meadows Subdivision. Staff requests that this item be continued to the September 22, 2016 Planning Commission Meeting.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center


Origination Recommendation Action:
Origination Recommendation Notes:
Planning Commission continued to the September 22, 2016 Planning Commission meeting: 8/25/2016; Planning Commission recommended approval: 9/22/2016; Legal & Finance Committee recommended approval (3-1): 9/28/2016
City Council Recommendation Action:
City Council Recommendation Notes:
City Council approved with Light (7-3): 10/3/2016

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