No. 02TI004 - Section 15 and 16, T1N, R7E
A request by the City of Rapid City to consider an application for a Resolution Creating Tax Increment District No. 37 on the E1/2 of the NE1/4 of Section 16, T1N, R7E, BHM, Pennington County, South Dakota; That portion of the E1/2 of the SE1/4 of Section 16 lying north of the Corral Drive right-of-way less Lots 1, 2 and 3 of Corral Drive Subdivision and less Lot 1 of the SE1/4 of SE1/4 of Section 16, T1N, R7E, BHM, Pennington County, South Dakota; Tract 2 and Tract 4 of Pine View Terrace located in the W1/2 of the SE1/4 of Section 16, T1N, R7E, BHM, Pennington County, South Dakota; Lot 1 of Valley Tract, located in the W1/2 of the NW1/4 of Section 15, T1N, R7E, BHM, Pennington County, South Dakota; All of Arrowhead Hills Subdivision, Heidiway Lane and Heidiway Court, located in the W1/2 of the SW1/4 of Section 15, T1N, R7E, BHM, Pennington County, South Dakota; Lot H1 and H2 of Lot 1, Lot H1 of Lot 8, Lot H1 of Lot 9 and Lot H1 and DE1 of Lot 15 of Arrowhead Hills Subdivision, located in Section 15, T1N, R7E, BHM, Pennington County, South Dakota; The unplatted portion of the NW1/4 SW1/4 of Section 15 lying west of Heidiway Lane, T1N, R7E, BHM, Pennington County, South Dakota; and, That portion of Sheridan Lake Road right-of-way located in Sections 15 and 16, all located in T1N, R7E, BHM, Pennington County, South Dakota, more generally described as being located Nicklaus Drive to the north, Park Drive to the west, Corral Drive to the south and Sheridan Lake Road to the east.

PLANNING COMMISSION RECOMMENDATION:
Planning Commission recommended that the Resolution Creating Tax Increment District No. 37 be approved with the following stipulations: