CITY of RAPID CITY Agenda Item Summary |
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Meeting Date: 07/06/2015 |
Commission, Board or Committee: Legal & Finance Committee |
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Staff Contact: Pauline Sumption |
PW Committee or L&F Committee: 07/01/2015 |
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Petitioner: N/A |
City Council 1st Reading: 07/06/2015 |
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Location: |
City Council 2nd Reading: |
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Agenda Title: |
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Approve Resolution 2015-073 A Resolution Adding a Business to the Business Improvement District No. 1 |
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Summary: |
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The current Hotel BID (BID No. 1) requires new properties to be added by resolution. This resolution adds My Place Hotel to the list of hotels included within the boundaries of this Business Improvement District |
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Funding Source & Fiscal Impact (if applicable): |
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Will create additional occupancy fee revenue, to be disbursed to the CVB with 1% retained by the City for administration of said BID |
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Recommendation: |
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Action: Approve Notes: |
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Options: |
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