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Committee approves TIF amendment to secure land for Homestead Street extension, park and fire station
Rapid City Legal & Finance Committee · November 28, 2024
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Summary
The committee approved Resolution No. 2024-075, an amendment to TID #83 project plan to secure funds to acquire two lots for park expansion, a lot for a fire station (possibly including a small police precinct) and drainage improvements for the Homestead Street extension.
The Legal & Finance Committee approved Resolution No. 2024-075 on Nov. 27, an amendment to TID (Tax Increment Financing) Project Plan No. 83 for the Homestead Street extension, which covers property generally described as Homestead Street east of Veil Road between Timmons Boulevard…
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