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Posted: July 22, 2019
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF073119 09

Agenda Item Title:

Set for Hearing August 19, 2019 – Resolution No. 2019-063 A Resolution of Intent to Enter into Lease of Land with Cortez, LLC, dba Hotel Alex Johnson

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
07/31/2019
City Council Hearing Date:
08/05/2019
Staff Contact:
Pauline Sumption, Finance Officer
Agenda Item Summary:
Hotel Alex Johnson currently purchases over 70 permits for the uncovered portion of the ramp. This lease will allow them to have 66 dedicated spots with controlled access.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center

Recommendations:

Origination Recommendation Action:
Approve

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