The Hot Springs City Council met Monday night at the Mueller Civic Center.
The meeting featured the first reading of city ordinance 1185: Establishing Residential Tax Rebate. The council voted to adopt the ordinance.
The ordinance, if published, will create discretionary tax rebate for property owners making improvements to their properties that increase the property's assessed value by at least $5,000.
In order to qualify, a property owner must complete a form provided by the city and be pre-approved. The form requires some basic info about the property and its owner, along with plans for the proposed project. Any deviations from the plans will have to be shown to the city prior to construction to verify eligibility.
Property owners will still have to pay their property taxes in accordance with their property value prior to the granting of the rebate. The rebate will have to be applied for annually and owners will only be eligible to receive it as soon as at least half of the construction of the project is complete.
The goal of the rebate is to lower the upfront overhead costs to property owners improving their homes in Hot Springs.
Also at the meeting Monday night, the library was authorized to sign a grant agreement with the State of South Dakota Department of Education.
The grant is worth up to $650 dollars and will be used to fund the train-the-trainer program for libraries' summer reading program.
Earlier this year, librarian Dawn Johnson received training on how to teach other librarians how to administer this year's summer reading program. The grant will cover Johnson's trainer training along with supplies needed for the program.
Johnson also gave a report of library statistics for the first two months of 2018. In January and February, the Hot Springs Public Library had 7,928 visitors over the 43 days it was actually open. It is also averaging about 60 computer logins a day, and hosts a variety of popular programs for community members of all ages.