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2025 08/27 Legal & Finance Committee Agenda

AGENDA FOR THE LEGAL & FINANCE COMMITTEE

City of Rapid City, South Dakota

12:30 PM, August 27, 2025

Council Chambers, City Hall Administration Center, 300 6th Street

ROLL CALL AND DETERMINATION OF QUORUM

ADOPTION OF AGENDA

GENERAL PUBLIC COMMENT

A time for the members of the public to discuss or express concerns to the Council on any issue not on the agenda.  Action will not be taken at the meeting on any issue not on the agenda, except by placement on the agenda by unanimous vote of the Council members present.

CONSENT ITEMS – Items 1-8

Public Comment opened

Public Comment closed

Remove Items from the “Consent Items” and Vote on Remaining Consent Items

1)         Approve Minutes for August 13, 2025

FINANCE OFFICE

2)         LF082725-01 – Acknowledge June 2025 Sales Tax Report

3)         LF082725-12 – Acknowledge July 2025 Treasury and General Fund Update

4)         LF082725-02 – Approve Memorandum of Understanding with Elevate Regarding the Opportunity Capture Fund

5)         LF082725-11 – Approve Resolution No. 2025-105, a Resolution in Support of the Application to the SD Department of Transportation for the Legacy Trail Project through the Transportation Alternatives Program Grant

MAYOR’S OFFICE

6)         LF082725-03 – Confirm the Appointment of Shon Anderson to the Opportunity Capture Fund

END OF CONSENT CALENDAR

NON-CONSENT ITEMS – Items 7-16  

Public Comment opened

Public Comment closed

ATTORNEY’S OFFICE

7)         LF081325-05 – Second Reading and Recommendation of Ordinance No. 6685, an Ordinance Amending the Rapid City Municipal Code to Prohibit the Purchase, Sale, or Offering for Sale of Tianeptine and Related Products by Adding Chapter 8.54 to the Rapid City Municipal Code

8)       LF082725-05 – Authorize Mayor to Sign Documentation Allowing the City to Join the Purdue Direct Opioid Settlement

FINANCE OFFICE

9)       LF082725-04 – Introduction and First Reading of Ordinance No. 6690, an Ordinance Amending the Rapid City Municipal Code to Create the Business Improvement District No. 2

10)       LF082725-06 – 25TI011 – Resolution No. 2025-092, a Resolution Approving Amendment No. 1 to the Project Plan for Black Hills Industrial Center Tax Increment District No. 86

11)       LF082725-07 – 25TI015 – Resolution No. 2025-098, a Resolution Creating Rapid City Destination Tax Increment Financing District

12)       LF082725-08 – 25TI016 – Resolution No. 2025-099, a Resolution Approving the Project Plan for Rapid City Destination

13)       LF082725-09 – 25TI017 – Resolution No. 2025-100, a Resolution Creating Rapid City Catalyst District Tax Increment Financing District

14)       LF082725-10 – 25TI018 – Resolution No. 2025-101, a Resolution Approving the Project Plan for the Rapid City Catalyst District

15)       LF082725-13 – Resolution No. 2025-106, a Resolution of Intent to Take the Statutorily Authorized Increase in Property Tax Revenue as Part of the Annual Appropriation Ordinance for 2026

16)       CC081825-02 – Second Reading and Recommendation of Ordinance No. 6686, an Ordinance Regarding FY2026 Appropriation

ALDERMAN ITEMS

Council members to discuss items regarding their committee assignments/updates.

ADJOURN

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