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Union County adopts Tax Increment District No. 8 covering Dakota Dunes parcels
Summary
The Union County Board of Commissioners on April 1 adopted Tax Increment District No. 8 for parcels in the Dakota Dunes Community Improvement District, designating it an annual‑appropriations TIF and creating a segregated fund for tax increments under SDCL Chapter 11‑9.
The Union County Board of Commissioners voted April 1 to adopt Tax Incremental District No. 8, a development financing plan covering parcels in Dakota Dunes aimed at supporting commercial and housing development.
The motion to adopt UCC 2025‑003 passed on a motion by Commissioner Ballard, seconded by Commissioner Kimmel. The resolution declares the county’s finding that improvements in the proposed district are likely to increase property values, create jobs and diversify the county’s economic base.
The approved plan lists the district boundaries as parcels in the Two Rivers Business Center and Oak Tree additions within the Dakota Dunes Community Improvement District, naming specific lots and tracts (including LOT 3 LESS 1.280A FOR TR A LESS 1.69A FOR TR B TWO RIVERS BUSINESS CENTER 1ST ADD; TRACT 1 OF TWO RIVERS BUSINESS CENTER 1ST ADD; TR 1 OAK TREE ADD DAK DUNES; LOT 1 OAK TREE ADD DAK DUNES; and LOT 2 OAK TREE ADD DAK DUNES). The board recorded findings required by state law that more than half the district area will promote general economic welfare and that the aggregate assessed value of existing districts plus this district does not exceed 10 percent of county valuation.
The resolution designates Tax Increment District No. 8 as an Annual Appropriations TIF so the indebtedness does not count against the county’s constitutional debt limits, and it creates a Tax Increment District Number Eight Fund to hold and disburse tax increments consistent with SDCL Chapter 11‑9. The county minutes note that the South Dakota Department of Revenue classified the district as Economic Development during its review.
The adoption follows public notice and a March 20 hearing by the county planning commission, and the minutes show that taxing entities (Union County Commission, Dakota Valley School District, Dakota Dunes Community Improvement District and Fire Administration) were mailed notice prior to publication as required by the resolution.
The board recorded the full resolution language and statutory findings in the minutes. No vote tally by commissioner name is listed in the public minutes; the action is recorded as carried.
