CITY of RAPID CITY

Agenda Item Summary

 

Meeting Date: 5/27/2014

PW Committee: 5/27/2014

Staff Contact: Stacey Titus/Wade Nyberg

City Council: 6/2/2014

Agenda Title:

Authorize Mayor & Finance Officer to Sign Agreement Between the City of Rapid City and U.S. Bank Trust National Association SD As Trustee of the Garland Glen Ennen Family Trust and As Trustee of the Louise Alice Ennen Trust for Water Main Easements (Airport Water Main)

Summary:

This Agreement sets the terms by which the Ennen Trusts will convey an easement for the airport water main’s construction across their property.  There is monetary consideration based on the square footage of the easement, and also some other consideration dealing with fencing, restoring grass, and access.

Funding Source & Fiscal Impact (if applicable):

Fund

Cost Center

 

Fund

Cost Center

Water Enterprise

Water Bonds

 

 

 

 

 

 

 

 

Recommendation:

Action: Approve

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Options:

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Attachments & Links:

Agreement

Exhibit

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