Category: Local politics
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Before the Sports Complex even Opens, Its Manager’s Fee Went Up 67%
A quiet contract amendment also puts the operator’s affiliate inside construction change-order reviews — a role it wasn’t paid for in July. Rapid City SD – Sports Facilities Management, LLC hasn’t opened the Rapid City Fieldhouse yet. It hasn’t hired a General Manager, sold a sponsorship, or hosted an event. But as of a First…
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Your Rundown: Rapid City’s Legal & Finance Committee, September 2nd
12:30 p.m., Council Chambers, City Hall Administration Center — 18 items, one lunch hour Rapid City SD – Fourteen of these items are on consent, meaning they’re bundled into a single vote unless someone pulls one out for discussion. Four are non-consent, meaning they get their own debate. Here’s what’s actually inside each one, in…
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What’s on the Tuesday September 1st Rapid City Public Works Agenda: GCC Dacotah and Sidewalk Variances Return
Rapid City SD – The Public Works Committee meets at 12:30 p.m. Tuesday, Sept. 1, in Council Chambers at City Hall, 300 6th Street. Nineteen items sit on the consent calendar alongside the 2027-2030 Transportation Improvement Program. Here’s what’s in the packet, in the order the committee will hit it. Consent Calendar (Items 1-19) Change…
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How Nectar, Inc. was Embedded in the Tzadik Collapse before a Rapid City Bankruptcy was even Filed
Rapid City SD – A complex web of corporate maneuvering is quietly determining the fate of Rapid City’s distressed apartment properties. As Tzadik Rapid City Portfolio I, LLC approaches a critical Aug. 31 bankruptcy hearing, a seemingly independent buyer has emerged to recapitalize the portfolio. But a paper trail — running from a press release…
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Star Village and Aspen Park Diverge as Landlord’s Refinancing Bid Heads to an August 31st Hearing
Rapid City SD – For more than a year, Star Village and Aspen Park have moved through federal bankruptcy court as a single unit. That’s about to change. A refinancing deal now pending before a Florida bankruptcy judge would send the two properties down separate paths, with one likely refinanced into stable new ownership and…
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Special Council Rundown: DOJ Grants and Heated Budget Debates
Rapid City SD- The special council meeting opened with a major infrastructure approval. As the first item of business, the council authorized the Mayor and Finance Director to sign the Construction Manager at Risk (CMAR) agreements between the City of Rapid City and Scull Construction for the new sports complex. Chief Hedrick & DOJ Model…
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Four Items, One Wednesday: What’s Really in Rapid City’s Special Council Agenda
A $55 million construction contract, a $75 million federal ask, and two different price tags for the same city budget. Rapid City SD – Rapid City’s Common Council meets in special session Wednesday, August 26, at 6:30 p.m. It’s not a regular Monday meeting, and the agenda is short — but the four items on…
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Star Village Faces October Auction – If a Last Minute Deal Doesn’t Beat the Clock First
Rapid City SD – A joint motion now pending before a federal bankruptcy judge asks the court to send Star Village and Aspen Park to online auction in late October — but whether that auction ever happens may be decided a month earlier, and in a very different way. Merchants Bank of Indiana (MBI) and…
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What’s on Thursday Mornings Agenda for Rapid City’s Zoning Board of Adjustment and Planning Commission
Rapid City SD – Rapid City’s Zoning Board of Adjustment and Planning Commission meet back-to-back Thursday morning, starting at 7:00 a.m. in the City Council Meeting Room. Eight items are up between the two bodies. Most of it is routine — a garage, a couple of subdivisions, a variance or two. Two items carry more…
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Three Courtrooms, One Empire: Inside the Bankruptcy Fight Now Deciding the Fate of the Rushmore Hotel and an $86 Million Dollar Ranch in Pennington County
Rapid City SD — In the same week the city closed the book on 28 demolished garages at Star Village, the rest of Adam Hendry’s South Dakota real estate empire was quietly coming apart in a Florida bankruptcy court — on three separate fronts, all at once, all tied together by the same lender, the…