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March 22, 2015

Weifenbach and Kooiker Disagree on future Vision Fund Spending

Rapid City's drainage and streets are in need of repair.  According to the Rapid City Journal, Concilman Ron Weifenbach, would like to see the city revert to its former policy of directing city sales tax money to pay for these improvements. Prior to the proposed Civic Center expansion, 1% sales tax revenue was split between Capital Improvements Project (used for existing infrastructure) and the Vision Fund (used for new development).  To better finance the proposed $180 million expansion project, City Council approved the two funds be combined and Weifenbach wants it to immediately return to the older ordinance, securing $12 Million in infrastructure funds by December 31st.  Weifenbach's view on the Civic Center expansion vote is citizens do not want their infrastructure tax dollars tied up in a high debt incurring project.

Mayor Kooiker believes a return to a split fund would hinder alternative solutions to improving Barnett Arena for ADA Compliance and the city would miss new opportunities to issue bonds for ambitious projects.  The Mayor views it as premature to make changes just as the Civic Center after-action-review process is just beginning. Kooiker interprets the voters decision on the Civic Center is to keep the vision, but come up with a less costly solution. He asks the City Council to wait until officials analyze the outcome of the referendum and look into the next move for the city.

View our Knowledge Network resource pages on Vision Fund history and Mayor and City Council. Review archives on the Civic Center expansion project.

 

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