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Planning commission approves Amendment 1 to Black Hills Industrial Center project plan, reallocating roads and rail phases
Summary
Commission approved Amendment 1 to the Black Hills Industrial Center project plan, reallocating some phase 1 infrastructure (removing Acer Boulevard and moving rail work to phase 2) and reducing the requested TIF amount by about $6 million.
The Rapid City Planning Commission on Aug. 21 approved Amendment 1 to the project plan for the Black Hills Industrial Center tax increment financing (TIF) district, reallocating several infrastructure components among project phases and reducing the overall phase‑1 cost estimate.
Mike Dugan of the City Finance Department presented the amendment and explained that Acer Boulevard — originally planned to intersect Highway 79 with a traffic signal — would be removed because the South Dakota Department of Transportation would not allow two closely spaced…
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