Section 6-14-1 – Creation and transfer of endowment fund.
6-14-1. Creation and transfer of endowment fund. The governing body of a political subdivision of this state may, by resolution, create an endowment fund. Notwithstanding any other law to the contrary, the governing body may transfer any gift or donation to the endowment fund. The governing body may transfer ownership of the endowment fund or […]
Section 6-13-4 – Notice by publication of sale of surplus property–Exceptions.
6-13-4. Notice by publication of sale of surplus property–Exceptions. Any surplus property appraised pursuant to §6-13-2 at five hundred dollars or less or any animal owned by a municipality for a zoo may be sold by the governing board at a private or public sale without notice. The governing board of the political subdivision shall […]
Section 6-14-2 – Spending.
6-14-2. Spending. The interest earned from the revenue in an endowment fund created pursuant to §6-14-1 may be spent by the governing body of a political subdivision for any legal purpose. The principal in an endowment fund may be expended by the governing body by resolution after a public hearing called for that purpose. Source: […]
Section 6-13-5 – Receipt of sealed bids–Sale to highest bidder–Absence of bids–Private sale.
6-13-5. Receipt of sealed bids–Sale to highest bidder–Absence of bids–Private sale. Sealed bids received on the surplus property shall be filed with the fiscal officer of the political subdivision and shall be opened at a governing board meeting at the time specified in the notice required by §6-13-4, or the governing board may designate an […]
Section 6-15-1 – Limited effect of state mandates to provide new activities or services.
6-15-1. Limited effect of state mandates to provide new activities or services. No state law, rule, or regulation which mandates any county, municipality, or school district to engage in any new activity, to provide any new service, to increase any current level of activity or to provide any service beyond that required by existing law […]
Section 6-13-5.1 – Sale of property conveyed by a railroad.
6-13-5.1. Sale of property conveyed by a railroad. The provisions of §§6-13-4 and 6-13-5 notwithstanding, property that was conveyed to a political subdivision by a railroad may be sold to the lessee of the property or, if there is no lessee, to the owner of property abutting the property to be sold for not less […]
Section 6-15-2 – Laws, rules, or regulations unaffected.
6-15-2. Laws, rules, or regulations unaffected. Section 6-15-1 does not apply to any law, rule, or regulation: (1)Concerning the conduct of elections; (2)Required by federal law; (3)Required to fund the unified judicial system; (4)Required to fund the welfare system; (5)Creating, modifying, or repealing any criminal law; (6)Reauthorizing but not expanding existing statutory authority; or (7)Specifying […]
Section 6-13-5.2 – Sale of government property at public auction or through broker–Offers–Notice.
6-13-5.2. Sale of government property at public auction or through broker–Offers–Notice. In lieu of receiving sealed bids as required by this chapter, a school district, municipality, or county may sell real property at public auction or by listing the property with one or more licensed real estate brokers. The governing body may accept any offer […]
Section 6-13-6 – Sale by auction–Notice by publication.
6-13-6. Sale by auction–Notice by publication. In lieu of sealed bids, the governing board of a political subdivision may sell surplus property at auction. Such governing board shall advertise such auction by publication pursuant to §6-13-4. Surplus property may be sold to the highest bidder at such auction. Source: SL 1988, ch 64, §6.
Section 6-13-7 – Persons prohibited from purchasing surplus property–Exception.
6-13-7. Persons prohibited from purchasing surplus property–Exception. No governing board member, any officer of a county, municipality, township, or school district, who has been elected or appointed, or real property owner acting as an appraiser may purchase the surplus property except at public auction. Source: SL 1988, ch 64, §7; SL 1997, ch 43, §2.