Section 9-43-138 – Special maintenance fee–Purposes–Exemptions.
9-43-138. Special maintenance fee–Purposes–Exemptions. The governing body prior to the assessment of real property within the municipality for the next fiscal year, may levy, annually, for the purpose of maintaining or repairing public improvements, a special maintenance fee upon the lots fronting and abutting any improvements within the municipality that are maintained by the municipality. […]
Section 9-43-139 – Application of chapter.
9-43-139. Application of chapter. The provisions of this chapter do not apply to chapters 9-53, 9-55, or 21-10. Source: SL 2012, ch 57, §67.
Section 9-44-1 – Municipal improvement bonds authorized in lieu of special assessment certificates.
9-44-1. Municipal improvement bonds authorized in lieu of special assessment certificates. If the special assessments to be levied by any municipality for any local improvement or improvements are divided into installments pursuant to the provisions of chapter 9-43, the governing body of the municipality, in lieu of issuing assessment certificates or bonds as provided in […]
Section 9-44-2 – Authorization–Issuance–Sale–Maturity.
9-44-2. Authorization–Issuance–Sale–Maturity. Municipal improvement bonds shall be authorized, issued, and sold as provided in chapter 6-8B, except that all bonds shall mature not later than one year after the due date of the last assessment installment. In fixing serial maturities, the governing body shall estimate the amounts of money which will be available from time […]
Section 9-44-3 – Amount of bond issue.
9-44-3. Amount of bond issue. Municipal improvement bonds under this chapter may be issued in an amount equal to the total cost of the improvement or improvements. Source: SL 1947, ch 219, §3; SDC Supp 1960, §45.21A03; SL 1984, ch 43, §87.
Section 9-44-5 – Covenants with bondholders authorized.
9-44-5. Covenants with bondholders authorized. In and by the resolution authorizing municipal improvement bonds, the governing body may on behalf of the municipality make any or all of the covenants described in §§9-44-6 to 9-44-8, inclusive, with and for the benefit of the holders from time to time of said bonds. Source: SL 1947, ch […]
Section 9-44-6 – Agreement by municipality to pay part of bonds from tax proceeds–Constitutional limitation–Irrepealable tax levy.
9-44-6. Agreement by municipality to pay part of bonds from tax proceeds–Constitutional limitation–Irrepealable tax levy. The municipality may agree to pay any part not exceeding one-half of the principal of and interest on municipal improvement bonds by ad valorem taxation on all property within the municipality. Such part of the principal shall be a general […]
Section 9-43-129 – Publication of notice of plan for local improvement district–Public hearing.
9-43-129. Publication of notice of plan for local improvement district–Public hearing. Upon filing of the plan, a notice signed by the finance officer shall be published once stating that a plan for a public district, bounded as described in the notice and designated by number has been prepared and is on file in the office […]
Section 9-44-7 – Municipal agreement as to water and sewer service charges–Adequacy of rates.
9-44-7. Municipal agreement as to water and sewer service charges–Adequacy of rates. In the case of water and sewer improvements undertaken pursuant to chapters 9-47 and 9-48, the municipality may agree to establish, impose, and collect just and equitable charges for services furnished by such improvement or improvements, and to pledge and appropriate all or […]
Section 9-43-130 – Approval, modification or rejection of plan.
9-43-130. Approval, modification or rejection of plan. At the hearing, the governing body shall consider any objections and may by resolution approve and adopt the proposed plan or change it in such manner as it may deem necessary. The governing body may adopt and approve the plan or may reject the plan and order a […]