Posted: November 01, 2016
Rapid City
Agenda Item Summary

Agenda Item Ref. #: PW110116-24

Agenda Item Title:

Authorize Mayor and Finance Officer to Sign Agreement Concerning Transfer of Water System Between Terracotta Estates Homeowners Association and City of Rapid City

Origination Group:
Public Works Committee
Origination Meeting Date:
11/01/2016
City Council Hearing Date:
11/07/2016
Staff Contact:
Stacey Titus, P.E. & Wade Nyberg
Location:
SW of Anderson Rd./Southside Drive
Agenda Item Summary:
This Agreement contains the terms and conditions under which the City agrees to assume ownership of the water system that serves the Prairiefire Subdivision. The system is currently owned and operated by the Terracotta Estates HOA. The system’s current water source has water quality issues and needs to be replaced. Using the existing water system, which was built to City standards, will provide a significant cost savings over construction of all new infrastructure. The water system will be transferred without monetary consideration, other than the amount already paid to purchase the well lot.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center

Recommendations:

Origination Recommendation Action:
Approve
City Council Recommendation Action:
Approve

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