Staff Memo
Project Plan
Resolution Approving Project Plan
Tax Increment
Financing Committee
Minutes April 16, 2012
       
     
     
       

   

No. 12TI004 - Original Town of Rapid City

A request by Dream Design International, Inc. for President's Plaza, LLC to consider an application for Tax Increment District #73 Project Plan for all of Block 95, including the alley located in Block 95, less the north 90 feet of Lots 17-21 of Block 95 in the Original Town of Rapid City, Lots 1-9 of Block 105 in the Original Town of Rapid City, all of the Sixth Street Right-of-Way lying adjacent to Blocks 94 and 95 in the Original Town of Rapid City, all of the Fifth Street Right-of-Way lying adjacent to Blocks 95 and 96 in the Original Town of Rapid City, and all of the Kansas City Street Right-of-Way lying adjacent to Blocks 95 and 105 in the Original Town of Rapid City, a portion of the alley located in Block 94 adjacent to the Lots 1-3 and Lots 30-32 of Block 94 of the Original Town of Rapid City, a portion of the alley located in Block 96 adjacent to Lots 14-16 and Lots 17-19 of Block 96 in the Original Town of Rapid City, all of the Saint Joseph Street Right-of-Way lying adjacent to Blocks 85 and 95 in the Original Town of Rapid City, all located in Section 1, T1N, R7E, BHM, Rapid City, Pennington County, South Dakota, more generally described as being located south of Saint Joseph Street, west of 5th Street, east of 6th Street and north of Quincy Street.


LEGAL AND FINANCE COMMITTEE RECOMMENDATION:
The Legal and Finance Committee recommended approval of the Tax Increment District #73 Project Plan.

PLANNING COMMISSION RECOMMENDATION:
Planning Commission recommended approval of the Tax Increment District #73 Project Plan.

VOTE: (7 to 0 to 1 with Beshara, Fink, Marchand, Popp, Rippentrop, Snyder and Swank voting yes, with none voting no and with Braun abstaining)