Posted: April 06, 2018
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF041118-01

Agenda Item Title:

Acknowledge Update from the Opportunity Capture Fund Committee

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
04/11/2018
City Council Hearing Date:
04/16/2018
Petitioner:
Opportunity Capture Fund Committee
Staff Contact:
Pauline Sumption, Finance Officer
Agenda Item Summary:
The Opportunity Capture Fund Committee has amended the grant to Best Gen Modular as to the release of the funding to be on two phases now. In addition, grants were awarded to True North Steel and BCRC, LLC in the amounts of $10,000 and $9,000, respectively.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center
Vision Fund

Recommendations:

Origination Recommendation Action:
Acknowledge

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