Rapid City council continues Radiant apartment change, tightens TIF notifications and approves subdivision waiver

Rapid City — The Rapid City City Council on Feb. 18 continued a request to amend a contract for the Radiant Apartment complex that would reduce the number of designated low-income units and approved revisions to the city’s tax increment financing (TIF) notification process. The council also approved an appeal that waives a street-paving requirement for a proposed subdivision by a 5-3 vote and approved multiple land-use items and the bill list.

The council continued action on a request from CB Rapid City Housing Limited Partnership to amend a contract for the Radiant Apartment complex, reducing the previously agreed number of low-income units from 30 to 22. Councilor Pettigrew, who pulled the item for separate consideration, moved to continue the matter to the next council meeting so he could review the finance director’s report and follow up on outstanding questions; the motion carried. “I did make it clear to the council that I would not sign off on this,” Councilor Pettigrew said when placing the motion to continue.

The item will return to the council for further consideration at a later meeting.

Why it matters: The Radiant amendment directly affects the number of units reserved for low-income households in the project; council members asked for more time to review financial details before formally approving a contract change.

The council approved on first reading an ordinance to amend the Rapid City Municipal Code’s TIF review process that removes the…