Section 9-41A-54 – Establishment of rates, charges and reserves.
9-41A-54. Establishment of rates, charges and reserves. A municipal power agency may make and enforce bylaws or rules which it deems necessary or desirable, and may establish, levy, and collect or may authorize, by contract, franchise, lease, or otherwise, the establishment, levying, and collection of, rents, rates, and other charges for the services afforded by […]
Section 9-41A-55 – Pledge of revenues to bonds, notes and contractual obligations.
9-41A-55. Pledge of revenues to bonds, notes and contractual obligations. A municipal power agency may pledge its rates, rents, and other revenues, or any part thereof, as security for the repayment, with interest and redemption premiums, if any, of the moneys borrowed by it or advanced to it for any of its authorized purposes and […]
Section 9-42-1 – Definition of terms.
9-42-1. Definition of terms. The words “local improvements” as used in this chapter shall mean and include all such public buildings, public works, and improvements or the repair thereof. Source: SDC 1939, §45.1501 as added by SL 1939, ch 189, §1; SL 1953, ch 260, §1.
Section 9-42-2 – Approval required for use of municipal funds for private benefit or improvements outside corporate limits.
9-42-2. Approval required for use of municipal funds for private benefit or improvements outside corporate limits. No claim against any municipality shall be allowed or paid for making improvements for the benefit of private individuals within the corporate limits nor in third class municipalities for grading, draining, or bridging outside of the corporate limits, without […]
Section 9-42-3 – Local improvements by day’s work–Maximum cost–Engineer’s estimate–Itemized statement of costs.
9-42-3. Local improvements by day’s work–Maximum cost–Engineer’s estimate–Itemized statement of costs. Every municipality shall have power to provide for and regulate the construction of local improvements by day’s pay in the cases provided by this title. The governing body may direct any local improvement except local improvements for which special assessments are to be levied […]
Section 9-42-4 – Plans and specifications for local improvements–Notice and advertising for bids.
9-42-4. Plans and specifications for local improvements–Notice and advertising for bids. If any local improvement other than a sidewalk or bulkhead is ordered by the governing body, the governing body shall have plans and specifications prepared and filed in the office of the auditor or clerk. The governing body shall designate a time, not less […]
Section 9-42-5 – Construction and repair contracts awarded on competitive bids–Rejection of bids and readvertisement.
9-42-5. Construction and repair contracts awarded on competitive bids–Rejection of bids and readvertisement. Any contract for the construction or repair of a public building or for public works or improvements, and any contract for material used therefor and equipment purchased or rented in connection therewith, and any contract for local improvements for which a special […]
Section 9-42-6 – Plans prepared and contract awarded by state or federal agency financing local improvement.
9-42-6. Plans prepared and contract awarded by state or federal agency financing local improvement. Whenever any local improvement is to be financed in whole or in part by any agency of the state or federal government, whether or not such improvement is also to be financed in part by special assessments to be levied upon […]
Section 9-41A-48 – Encumbrance of property to secure bonds and notes–Filings.
9-41A-48. Encumbrance of property to secure bonds and notes–Filings. For the security of bonds or notes issued, or to be issued, by a municipal power agency, the municipal power agency may mortgage or execute deeds of trust of the whole or any part of its property and franchises in the same manner and with the […]
Section 9-41A-49 – Officers and members of agency not personally liable on bonds or notes.
9-41A-49. Officers and members of agency not personally liable on bonds or notes. Neither the officials, the directors, nor the members of a municipal power agency nor any person executing bonds or notes shall be liable personally on the bonds or notes or be subject to any personal liability or accountability by reason of the […]