 The
Plan
Building a stronger Black Hills Economy
On October 15, Governor Mike Rounds announced his new 2010 Initiative
in the shadow of Mount Rushmore. He outlined plans for making South Dakota's
quality of life the best in the United States by 2010. Governor Rounds
described the people of South Dakota as "mountain carvers" -
a special breed of Americans who set long-range goals and work on them
until the project is successful. They begin huge projects that take years
to complete and require patients, hard work, and determination.
 In
the tradition of the "mountain carvers" mentioned by Governor
Rounds, the people of the Black Hills are"rolling up their sleeves"
to leave another legacy for their children and grandchildren. The legacy
that today's "mountain carvers" will leave to future generations
is economic prosperity. It means that young people growing up in South
Dakota with a strong work ethic and pride their communities will be able
to find good jobs provided by good employees who pay good wages.
The builders of the new economy for the Black Hills have a plan. It is
called "Black Hills Vision" and it is the first regional effort
at creating a planned and coordinated approach to economic development
for the region. Key leaders with the Black Hills Community Economic Development
Corporation, the Rapid City Area Chamber of Commerce, and the Rapid City
Economic Development Partnership pooled their resources and combined several
major capital fundraising projects under one capital campaign.
The Objectives
Black Hills Vision is a major campaign initiative designed to raise $3,000,000
over a four-year period through cash, pledges, letters of intent, or in-kind
gifts. At the end of the four-year cycle, investors will be approached
to evaluate progress based on the measurable objectives.
All solicitations will be personalized and made face-to-face. All investors
will be recognized at the annual meetings of the three organizations and
at least once in a full page ad in the Rapid City Journal.
|
|
Black Hills Vision
|
Raised**
|
Total
|
|
Marketing the Black Hills and promotion of the National
Underground Science Lab
|
$1,150,000
|
0*
|
$1,150,000
|
|
Ellsworth Air Force Base
|
$300,000
|
$750,000
|
$1,050,000
|
|
Air Service Task Force/New Market Initiatives
|
$500,000
|
$3,200,000
|
$3,700,000
|
|
Business Accelerator/Incubator
|
$500,000
|
$2,337,000
|
$2,837,000
|
|
Affordable Housing
|
$300,000
|
$200,000
|
$500,000
|
|
Black Hills Vision Administration
|
$250,000
|
0
|
$250,000
|
|
|
---------------
|
-------------
|
-------------
|
|
Total
|
$3,000,000
|
$6,487,000
|
$9,487,000
|
*The state of South Dakota is being asked
to match private sector dollars to ensure the success of this program.
**As of July 30, 2005
Black Hills Vision - Objectives
|
|
