Update: Presidents Plaza - KOTA Territory News

Update: Presidents Plaza

Posted:

We have an update on the purposed President's Plaza in downtown Rapid City.
 
 
Dream Design International is still working to secure New Market Tax Credits that are a major source of funding for the project.

Hani Shafai says they have amended some dates in the agreement with the contractor, so construction may begin as soon as those tax credits are secured.

Shafai says there are many components to the project that need to come together for the project to be a success.
 
"It's the typical process, things take time and they have to go through the process and going through the right ways is better than having to rush it and do something that is not really what the community deserves," says Shafai.

There have been other KOTA Territory projects that used the New Market Tax Credits successfully, such as the Rockyford Elementary School project in Shannon County. The school is now open and running. 

  • Local News - KOTA TerritoryLocal News KOTA TerritoryMore>>

  • South Dakota holds statewide tornado drill

    South Dakota holds statewide tornado drill

    South Dakota holds statewide tornado drill

    Wednesday morning, just after 9:15, students across the state huddled together in hallways during a tornado drill.
    Wednesday morning, just after 9:15, students across the state huddled together in hallways during a tornado drill.
  • Alaska man enters guilty plea to aggravated incest in Pennington County

    Alaska man enters guilty plea to aggravated incest in Pennington County

    His case was about to go to trial, but Wednesday morning an Alaska man decided to plea guilty to aggravated incest. Steven Amy, 48, admitted to raping a girl under the age of 18. The rape happened back in October, 2012 while he was on vacation in Pennington County. Amy faces up to 15 years in prison. A sentencing date has not been set.
    His case was about to go to trial, but Wednesday morning an Alaska man decided to plea guilty to aggravated incest. Steven Amy, 48, admitted to raping a girl under the age of 18. The rape happened back in October, 2012 while he was on vacation in Pennington County. Amy faces up to 15 years in prison. A sentencing date has not been set.
  • Oglala Sioux Tribe invokes treaties against new uranium mine

    Oglala Sioux Tribe invokes treaties against new uranium mine

    PIERRE, S.D. (AP) _ The Oglala Sioux Tribe in southwestern South Dakota is invoking federal treaties and international agreements in protest of a proposed uranium mine in the western part of the state. Tribal president Bryan Brewer is demanding protection from the federal government from ``immediate threat of contamination and irreparable harm.'' The U.S. Nuclear Regulatory Commission recently issued an operating license for a proposed uranium mine in the area. The mine still needs approv...
    PIERRE, S.D. (AP) _ The Oglala Sioux Tribe in southwestern South Dakota is invoking federal treaties and international agreements in protest of a proposed uranium mine in the western part of the state. Tribal president Bryan Brewer is demanding protection from the federal government from ``immediate threat of contamination and irreparable harm.'' The U.S. Nuclear Regulatory Commission recently issued an operating license for a proposed uranium mine in the area. The mine still needs approv...
Powered by WorldNow

518 St. Joseph St.
Rapid City, SD 57701

Telephone: 605.342.2000
Fax: 605.342.7305

Couldn't find what you were looking for?
Powered by WorldNow
All content © Copyright 2000 - WorldNow and KOTA. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.