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Posted: December 13, 2024
Rapid City
Agenda Item Summary

Agenda Item Ref. #: CC121624-02.2 - Approve Resolution 2024-104

Agenda Item Title:

A RESOLUTION ESTABLISHING A CITIZEN COMMITTEE TO SOLICIT & RECOMMEND PROJECTS SUBMITTED BY THE COMMUNITY TO BE FUNDED FROM THE CITY’S VISION ACCOUNT.

Origination Group:
City Council
Origination Meeting Date:
12/16/2024
Stage 2 Group Name:
City Council
Stage 2 Meeting Date:
01/06/2025
Staff Contact:
Joel Landeen
Agenda Item Summary:
On April 1st of this year, the Mayor presented the City Council with a five-year plan for allocating the funds in the City’s Vision Account from 2025 through 2029. The City Council approved a resolution adopting the proposed five-year plan on November 18th of this year. The plan did not identify any specific projects to be funded through the Vision Account and contemplated that additional resolutions would be brought forward to specify how the money allocated to the various areas in the plan would be spent. As part of the plan adopted on November 18th $5,000,000 was allocated to citizen projects. The attached resolution authorizes the formation of a committee composed of citizens to solicit and make recommendations for the funding of projects from the money allocated for this purpose. The citizen committee will be appointed by the Mayor and confirmed by the City Council. It further authorizes that projects be publicly solicited and that the committee will review any projects that are submitted and make recommendations to the City Council on what, if any, projects the City should fund and the amount of funding each project should receive. UPDATE: At its meeting on December 16th, the City Council made a motion to amend the proposed resolution to increase the funding for citizen driven projects from $5 million to $12 million and specified that the projects to be funded should be City owned facilities and/or infrastructure.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center

Recommendations:

Origination Recommendation Action:
Approve

Attachments & Links to Download:

pdf Resolution 2024-104

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