No. 07TI009 - Minnesota Street

A request by Dream Design International, Inc. for Zandstra Real Estate Holdings to consider an application for a Resolution Creating Tax Increment District on Tract 1 of the E1/2 of Section 16 less Elks Country Estates and the SW1/4 of Section 16 less Plum Creek Subdivision, all located in Section 16, T1N, R8E, BHM, Rapid City, Pennington County, South Dakota; and the N1/2N1/2NE1/4NW1/4 and the 1/2N1/2NW1/4NE1/4 and the E1/2NE1/4, all located in Section 21, T1N, R8E, BHM, Rapid City, Pennington County, South Dakota, more generally described as being located south and west of Elks Country Estates and east of Elk Vale Road.

LEGAL AND FINANCE COMMITTEE RECOMMENDATION:
Legal and Finance Committee recommended that the Resolution Creating the Tax Increment District be forwarded to Council without recommendation.

PLANNING COMMISSION RECOMMENDATION:
Planning Commission recommended that the Resolution Creating Tax Increment District No. 64 be approved.

VOTE (7 to 1 with Anderson, Brewer, Brown, Collins, Derby, Scull and Waltman voting yes and LeMay voting no)