Loading...
In July of each year, planning and development services department shall submit a report to the city council of all eligible completed new construction projects which qualified for the discretionary formula beginning in December of 2008. The report will include the description of each qualified property, the base full and true taxable value, the new adjusted full value of new construction and improvements and the amount of discretionary loss of taxable value as defined in city ordinance of 100%, 80%, 60%, 40% or 20% for each year of the eligible tax abatement.
(1992 Code, § 39-139) (Ord. 32-08, passed 3-3-2008; Ord. 64-20, passed 8-4-2020)
DOWNTOWN SIOUX FALLS BUSINESS IMPROVEMENT DISTRICT
The business improvement district created in this subchapter shall have the following boundaries:
Beginning on the north right-of-way line of Third Street at its intersection with the west right-of-way line of Minnesota Avenue; then east along the north right-of-way line of Third Street to its intersection with the west right-of-way line of the alley located between Dakota Avenue and Main Avenue; then north along the west right-of-way line of the alley located between Dakota Avenue and Main Avenue to its intersection with the north right-of-way line of First Street; then east along the north right-of-way line of First Street to its intersection with the west right-of-way line of Main Avenue; then north along the west right-of-way line of Main Avenue to its intersection with the south property line of Tower Park; then east approximately 591 feet to the west right-of-way line of Phillips Avenue; then north along the west right-of-way line of Phillips Avenue to its intersection with the north right-of-way line of McClellan Street; then east along the north right-of-way line of McClellan Street to its merging point with the north right-of-way line of Falls Park Drive; then east along the north right-of-way line of Falls Park Drive to its intersection with the west right-of-way line of Weber Avenue; then south along the west right-of-way line of Weber Avenue to its intersection with the south right-of-way line of Sixth Street; then east along the south right-of-way line of Sixth Street to its intersection with the west right-of-way line of Nesmith Avenue; then south along the west right-of-way line of Nesmith Avenue to its intersection with the south right-of-way line of Seventh Street; then east along the south right-of-way line of Seventh Street to its intersection with the west right-of-way line of Franklin Avenue; then south along the west right-of-way line of Franklin Avenue to its intersection with the south right-of-way line of the former Chicago, Rock Island and Pacific Railroad; then south approximately 755 feet to an intersection with the west right-of-way line of the Burlington Northern Railroad; then southeast along the west right-of-way line of the Burlington Northern Railroad to its intersection with the south right-of-way line of 14th Street; then west along the south right-of-way line of 14th Street to its intersection with the east right-of-way line of Minnesota Avenue; then north along the east right-of-way line of Minnesota Avenue to its intersection with the north right-of-way line of Third Street being the point of beginning, or as otherwise changed pursuant to SDCL 9-55-11.
(1992 Code, § 39-142) (Ord. 114-89, passed 10-23-1989; Ord. 07-06, passed 1-3-2006; Ord. 60-07, passed 5-7-2007; Ord. 80-11, passed 10-11-2011)
(a) A resolution of intent, Resolution No. 275-89, for the creation of the business improvement district was adopted on October 23, 1989.
(b) A resolution of intent, Resolution No. 13-12, allowing for the use of a lodging establishment occupation tax within the district was adopted on March 12, 2012.
(c) A resolution of intent, Resolution No. 69-23, allowing for the use of a lodging establishment occupation tax within the district was adopted on August 2, 2023.
(1992 Code, § 39-143) (Ord. 114-89, passed 10-23-1989; Ord. 60-07, passed 5-7-2007; Ord. 30-12, passed 4-16-2012; Ord. 84-23, passed 9-12-2023)
Loading...