Posted: May 09, 2019
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF051519 06

Agenda Item Title:

Authorize Mayor and Finance Officer to Sign Resolution 2019-039, A Resolution to Add Tru by Hilton and Best Western to the City of Rapid City’s Business Improvement District No. 1

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
05/15/2019
City Council Hearing Date:
05/20/2019
Staff Contact:
Pauline Sumption Finance Officer, Carla Cushman Assistant City Attorney
Agenda Item Summary:
RCMC Chapter 3.24 creates a Business Improvement District No. 1 that includes all hotels and motels with 50 sleeping rooms or more available for rent on a nightly basis. Properties are added to the District by City Council resolution. This resolution adds two newly-constructed hotels to the BID District in order to collect the occupational tax of $2.00 per room per night on these hotels.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center

Recommendations:

Origination Recommendation Action:
Approve

Attachments & Links to Download:

pdf LF051519 06 Resolution 2019-039

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