Posted: December 03, 2018
Rapid City
Agenda Item Summary

Agenda Item Ref. #: 98TD013 - North Plaza Drive

Agenda Item Title:

98TD013 - Resolution to Dissolve Tax Increment District No. 29

Origination Group:
Planning Commission
Origination Meeting Date:
Stage 2 Group Name:
Legal & Finance Committee
Stage 2 Meeting Date:
City Council Hearing Date:
City of Rapid City
Staff Contact:
Patsy Horton, Long Range Planning Manager
Southwest of the intersection of North Plaza Drive and Fountain Plaza Drive
Agenda Item Summary:
The resolution creating Tax Increment District No. 29 and Project Plan for Tax Increment District No. 29 was approved by the City Council on October 5, 1998. As of October, this District has reached its 20 year maximum lifetime allowed in State Law and must be dissolved.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center


Origination Recommendation Action:
Origination Recommendation Notes:
Planning Commission recommended Approval: 11/21/2018; Legal and Finance Committee approved: 11/28/2018
City Council Recommendation Action:
City Council Recommendation Notes:
City Council approved: 12/3/2018

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