Posted: August 31, 2022
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF083122-07 - Authorize the Mayor and Finance Director to sign the Adult Day Center of the Black Hills Assignee Contract and Covenants

Agenda Item Title:

LF083122-07 - Authorize the Mayor and Finance Director to sign the Adult Day Center of the Black Hills Assignee Contract and Covenants

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
08/31/2022
City Council Hearing Date:
09/06/2022
Petitioner:
Community Enrichment Division (Formerly CDBG Program Division)
Staff Contact:
Michelle Schuelke, Community Enrichment Division Manager
Agenda Item Summary:
Staff is seeking City Council approval for the Mayor and Finance Director to sign the Community Development Block Grant Assignee Contract and Indenture of Restrictive Covenants for Adult Day Center of the Black Hills. Adult Day Center of the Black Hills purchased property that was previously acquired and/or improved, in whole or in part, with CDBG funds.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center

Recommendations:

Origination Recommendation Action:
Approve

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