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Resolution

No. 05TI011 - Sections 18 and 19, T2N, R8E and Section 13, T2N, R7E

A request by Dream Design International to consider an application for a Resolution Creating Tax Increment District No. 55 on Lot 1, Mailloux Subdivision; Government Lot 4; the unplatted balance of the SE1/4 SW1/4 and the unplatted balance of the S1/2 SE1/4 all located in Section 18, T2N, R8E, BHM, Rapid City, Pennington County, South Dakota; NE1/4 NW1/4 Section 19, T2N, R8E, BHM, Rapid City, Pennington County, South Dakota; and, Lot 7R, Madisons Subdivision; Outlots A, B and C and all of Block 6 of Auburn Hills Subdivision and the Auburn Drive right of way lying adjacent to said lots; NE1/4 SE1/4; S1/2 SE1/4; SE1/4 SW1/4 less Lot 7R, Madisons Subdivision; N1/2 SW1/4 SW1/4; NW1/4 SW1/4; SW1/4 NW1/4; all located in Section 13, T2N, R7E, BHM, Rapid City, Pennington County, South Dakota, more generally described as being located extending from the western boundary of Auburn Hills Subdivision, along Country Road to 143rd Avenue.


LEGAL AND FINANCE COMMITTEE RECOMMENDATION:
Legal and Finance Committee recommended that the creation of Tax Increment District #55 be approved with revised boundary as follows:
on Lot 1, Mailloux Subdivision; Government Lot 4; the unplatted balance of the SE1/4 SW1/4 and the unplatted balance of the S1/2 SE1/4 all located in Section 18, T2N, R8E, BHM, Rapid City, Pennington County, South Dakota; NE1/4 NW1/4 Section 19, T2N, R8E, BHM, Rapid City, Pennington County, South Dakota; and, Lot 7R, Madisons Subdivision; Outlots A, B and C and all of Block 6 of Auburn Hills Subdivision and the Auburn Drive right of way lying adjacent to said lots; NE1/4 SE1/4; S1/2 SE1/4; SE1/4 SW1/4 less Lot 7R, Madisons Subdivision; N1/2 SW1/4 SW1/4; NW1/4 SW1/4; SW1/4 NW1/4; all located in Section 13, T2N, R7E, BHM, Rapid City, Pennington County, South Dakota, with the addition of Lot A of Tract A less Lot H2, Block 3, McMahon Industrial Park #2 and the adjacent right-of-way, all located in Section 24, T2N, R7E, BHM, Rapid City, Pennington County, South Dakota,  more generally described as being located extending from the western boundary of Auburn Hills Subdivision, along Country Road to 143rd Avenue.

PLANNING COMMISSION RECOMMENDATION

Planning Commission recommended that the creation of Tax Increment District #55 be approved.

VOTE: (9 to 0 with Anderson, Andrews, Brown, Brewer, Hennies, LeMay, Nash, Prairie Chicken and Schmidt voting yes and with none voting no.)