HomeMy WebLinkAboutResolution 26-009RESOLUTION 26-009
RESOLUTION IN SUPPORT OF AN APPLICATION FOR FINANCIAL ASSISTANCE
TO THE SOUTH DAKOTA HOUSING AND DEVELOPMENT AUTHORITY BY MILLS
DEVELOPMENT CORPORATION, AND / OR ITS AFFILIATES, AGENTS, OR
ASSIGNS, FOR THE BENEFIT OF MULTIFAMILY DEVELOPMENT
WHEREAS, the City of Brookings and Mills Development Corporation have determined
it is necessary to proceed with improvements to the City's infrastructure, thus enabling
additional multifamily housing to be constructed in the city limits of Brookings; and
WHEREAS, the City and Developer have determined financial assistance will be
necessary to undertake the Project and an application for financial assistance to the
South Dakota Housing and Development Authority shall be prepared by Mills
Development Corporation (Developer) for the proposed development; and
WHEREAS, the City will work with the Developer's engineer to ensure the preliminary
project infrastructure plans meet the City's requirements for adequate drinking water,
water treatment capacity and distribution, storm sewer, and all other necessary
improvements as needed; and
WHEREAS, the City has adequate treatment facilities and water supply to
accommodate the proposed development; and
WHEREAS, the City is committed to the ownership and long-term maintenance of said
infrastructure upon acceptance and the conditions set forth in the certificate of
completion that the said infrastructure and system shall meet the specifications,
materials and equipment of the City of Brookings; and
WHEREAS, the 2022 Brookings County Housing Study identified the need for
additional multifamily housing in the moderate to market price range; and
WHEREAS, the City acknowledges that there is a significant housing shortage in the
City of Brookings and this proposed multifamily development will help, but not resolve
the housing shortage.
NOW, THEREFORE, BE IT RESOLVED by the City of Brookings as follows:
1. The City hereby supports the submission of an Application for financial
assistance by Mills Development Corporation, to the South Dakota
Housing and Development Authority.
2. City officials of the City of Brookings are hereby authorized to deliver
such other documents as necessary, to assist with the Application
Passed and Approved this 27 th day of January, 2026 .
ATTEST:
Project Location
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