CITY of RAPID CITY Agenda Item Summary |
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Meeting Date: November 16, 2015 |
Commission, Board or Committee: NA |
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Staff Contact: Pauline Sumption |
L&F Committee: 11/10/2015 |
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Petitioner: Opportunity Capture Fund Committee |
City Council Hearing: 11/16/2015 |
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Location: |
City Council 2nd Reading: |
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Agenda Title: |
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Acknowledge Update from the Opportunity Capture Fund Committee |
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Summary: |
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The Opportunity Capture Fund Committee has approved the following grants: $15,000 to Lost Cabin Beer Co; $500,000 to Black Hills Corp; $50,000 to Rushmore Media (now Gray Communications); $20,000 to Lehigh Defense, LLC |
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Funding Source & Fiscal Impact (if applicable): |
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Vision Fund – Opportunity Capture Fund line item (already budgeted so no additional impact) |
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Recommendation: |
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Action: Acknowledge Notes: |
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Options: |
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