The Committee provides recommendations on economic development and community redevelopment applications utilizing the tax increment financing district funding mechanism.
NUMBER OF MEMBERS
7
SPECIAL QUALIFICATIONS
The committee is comprised of two Rapid City Council members, two Pennington County Commissioner members, one Rapid City Planning Commissioner, one Rapid City Area School District representative, and one Economic Development Partnership representative.
SUMMARY OF DUTIES
The Committee provides recommendations to the Planning Commission and City Council regarding applications to create and utilize tax increment financing for projects as allowed by South Dakota Codified Law 11-9 and the City’s Tax Increment Financing Policy.
MEETING
All meetings are scheduled within 30 days of receiving a complete application for creating a tax increment district or amending an existing tax increment district project plan. The meetings are held in the Council Chambers at the City/School Administration Center, 300 Sixth Street, Rapid City.
MEMBERSHIP
John Roberts - Council Liaison (Chairman)
Lindsey Seachris - Council Liaison
Karen Bulman - Planning Commission (Secretary)
Deb Hadcock - County Commission
Gary Drewes- County Commission
Coy Sasse - School Board Representative
Laura Jones - Economic Development Representative
Travis Lasseter - County Commission Alternate
CITY LIAISON
Mike Dugan, Tax Increment Finance Planner
Finance Division
300 Sixth Street
Rapid City, SD 57701
605-394-4143
This email address is being protected from spambots. You need JavaScript enabled to view it.
FOR ADDITIONAL INFORMATION
Tax Increment Financing Page
pdf
Summary of Active Tax Increment Financing Districts
(94 KB)
pdf
Active Tax Increment District Map
(467 KB)
TAX INCREMENT DISTRICT HISTORY
