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
Ritchie Nordstrom - Council Liaison
Greg Strommen - Council Liaison
Karen Bulman - Planning Commission
Travis Lasseter - County Commission
Ron Rossknecht - County Commission
Coy Sasse - School Board Representative
Laura Jones - Economic Development Representative
CITY LIAISON
Sarah Hanzel, Manager
Planning Projects Division
Community Planning and Development Services
300 Sixth Street
Rapid City, SD 57701
605-394-4120
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
(27 KB)
pdf
Active Tax Increment District Map
(2.42 MB)
TAX INCREMENT DISTRICT HISTORY
