Print this page
Posted: February 07, 2025
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF021225-08

Agenda Item Title:

Approve FY24 CDBG Black Hills Works, Inc. Contracts

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
02/12/2025
City Council Hearing Date:
02/18/2025
Petitioner:
Finance Office
Staff Contact:
Michelle Schuelke
Location:
Council Chambers
Agenda Item Summary:
Requesting approval for the Mayor and Finance Director to sign two (2) copies of the FY24 Community Development Block Grant Subrecipient Contract, one (1) copy each of the Wetland Indenture of Restrictive Covenants, one (1) copy each of the Indenture of Restrictive Covenants, one (1) copy of the 30-Year Forgivable Mortgage, and one (1) copy of the Promissory Note for Black Hills Works, Inc.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center
FY24 CDBG Funds $299,829.00
Is Funding Budgeted?:
Budgeted

Recommendations:

Origination Recommendation Action:
Approve

Joomla! Debug Console

Session

Profile Information

Memory Usage

Database Queries