Tag: CATALYST TIF
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Filed Under a Hotel Tax Board: How Rapid City’s Sports Complex Financing Hid in Plain Sight
Rapid City SD- For nearly a year, the entity actually bonding money for Rapid City’s new sports complex has not been the City Council, not Parks and Recreation, not even the Rapid City Sports Commission whose name is on the original feasibility study. It’s been the Business Improvement District No. 2 District Board — a…
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Twins From the Start: What the TIF Ledger Actually Shows About the Catalyst District
Rapid City SD – Mayor Jason Salamun’s office marked this week’s “five key agreements” announcement with a Facebook post declaring the Indoor Sports Complex “a win for our community and the next generation.” It’s a good press release. It’s also a good moment to check the underlying paperwork — because the city’s own Tax Increment…
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The Mayor Took The Floor: What Salamun Said About the Sports Complex – And What He Didn’t
Rapid City SD – Mayor Jason Salamun does not, as a rule, address city committees from the public comment podium. He runs the executive branch; committee members ask the questions, staff answer them, and residents line up at the microphone to weigh in. That’s the format. On Wednesday, at the Legal and Finance Committee, Salamun…
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A Developer, A TIF, and A Landowner – A Rapid City Zoning Tale
Paul E. Evans didn’t mince words.On June 18, one week before the Rapid City Planning Commission was scheduled to consider five simultaneous rezoning requests covering 127.95 acres of undeveloped land north of Mall Drive, Evans — president of McMahon Investment Inc. — filed a formal written protest with the City’s Department of Community Development. It…
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Smoke and Mirrors: An Award-Winning Performance at City Hall: An Editorial
There is a dangerous kind of alchemy that happens at City Hall when the cameras are rolling but the microphones go quiet. On Monday night, navigating a grueling 34-item agenda, the Rapid City Council pulled off a masterclass in municipal sleight-of-hand, demonstrating exactly how to shift liability and bury history in plain sight. The tone…