![]() ![]() However, that limited liability company was formed specifically as a partnership between two separate real estate companies working together on the private portion of the parking ramp project. The settlement is between the city and Village River Group. Mall Avenue in downtown Sioux Falls, neither party admits fault in the settlement.įrom 2019: Mayor TenHaken gets extra $1.5M to finish build out of downtown parking ramp How will money be divided among Village River Group investors? Though each party alleges the other violated the terms of the original contract to have what would have been a 15-story structure with hotels, bars and restaurants and retail space built at 110 S. The settlement notes the city received a $150,000 payment as part of the original development agreement, and that Village River Group had incurred expenses related to the construction of the "public improvement portion of the project, which added value to the project, both in terms of the completion and use of the parking ramp and its future development." ![]() The mayor Friday laid out in a news conference what's included in the seven-page settlement agreement: A total payment of $500,000 being paid by the city to Village River Group. United Express offers flights from Sioux City to the most popular destinations including Denver International and O'Hare International Airport.Here are five things to know about the parking ramp settlement and what's next. United Express, NetJets and Flexjet are the busiest airlines companies that fly from Sioux City Airport and cover the majority of the destinations The busiest being United Express which covers a total of 15 flights a week form a total of 24 United Express covers 63 % of all the total outbound flights from Sioux Gateway Airport. ![]()
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