Staff Memo
Tax Increment Finance Committee Minutes
10/05/07
Tax Increment Finance Committee Minutes
10/24/07
Revised Project Plan
Revised Resolution
Tax Increment Finance Guide

No. 07TI019 - Walpole Heights Subdivision and Arches Addition

A request by City of Rapid City to consider an application for a Revised Project Plan for Tax Increment District #47 - Tower Road on Lot H1 of the SW1/4, Lot 1 of the SE1/4 SW1/4, the eastern most 402.4 feet of section line right-of-way in the SW1/4, all located in the SW1/4 of Section 11, T1N, R7E, BHM, Rapid City, Pennington County, South Dakota; the N1/2 SE1/4 less Walpole Heights Subdivision less Lot AB of the E1/2 SE1/4 and less Fairmont Boulevard dedicated right-of-way, Lots H1 and H2 of the SE1/4, Lots B and C of the SW1/4SE1/4, Lots A and B of the SE1/4 SE1/4, Lots H3, H4, H5, H6, H7 and H8 of the E1/2 SE1/4, and all of the section line right-of-way in the SE1/4 less that portion of section line right-of-way abandoned as recorded in Miscellaneous Book 54, Page 1976, all located in the SE1/4 of Section 11, T1N, R7E, BHM, Rapid City, Pennington County, South Dakota; and Lot H2 of the W1/2 SW1/4 less Lot X of the W1/2SW1/4, Lot H4 of the W1/2 SW1/4, and that portion of a 60 foot dedicated public right-of-way located between Tract 3R and 4R of Arches Addition in the SW1/4, all located in the SW1/4 of Section 12, T1N, R7E, BHM, Rapid City, Pennington County, South Dakota, more generally described as being located on Tower Road west of U.S. Highway 16.


LEGAL AND FINANCE COMMITTEE RECOMMENDATION:
Legal and Finance Committee recommended that the Tax Increment District No. 47 Revised Project Plan for Tower Road be approved.

PLANNING COMMISSION RECOMMENDATION:

Planning Commission unanimously carried to recommend that the Tax Increment District No. 47 Revised Project Plan for Tower Road be approved.

VOTE: (9 to 0 with
Anderson, Brewer, Brown, Derby, Etter, Gregg, Landguth, Rolinger and Scull voting yes and none voting no)