Section 9-52-29 – Sale and lease-back arrangements–Tax exemption.
9-52-29. Sale and lease-back arrangements–Tax exemption. The governing body of a municipality may by ordinance exercise all the powers conferred on the South Dakota Building Authority and the Governor pursuant to and in the manner provided by §§5-12-15, 5-12-19, 5-12-42 to 5-12-45, inclusive, with respect to the acquisition, lease, sale and lease-back of land, improvements […]
Section 9-52-30 – Sale and lease-back arrangements–Validation of prior actions.
9-52-30. Sale and lease-back arrangements–Validation of prior actions. All ordinances, resolutions, and other actions and proceedings adopted before June 12, 1984, and taken by the governing body of a municipality with respect to an existing auditorium or convention center and related facilities in the exercise of the powers granted by §§9-52-29 to 9-52-31, inclusive, and […]
Section 9-52-31 – Sale and lease-back arrangements–Powers additional.
9-52-31. Sale and lease-back arrangements–Powers additional. The powers conferred by §§9-52-29 to 9-52-31, inclusive, are in addition to all other powers conferred upon the governing body of any such municipality, and their exercise shall be subject only to such restrictions as may be provided by the South Dakota Constitution and are not subject to any […]
Section 9-53-1 – Definition of terms.
9-53-1. Definition of terms. Terms as used in this chapter, unless the context otherwise plainly requires, shall mean: (1)”Public convention hall” shall mean a real estate site and building, structure, or edifice which may be used by the general public or portions of the public for the purposes of meetings, discussions, conventions, shows, displays, amusements, […]
Section 9-53-2 – Municipal power to acquire, build, improve and maintain convention halls.
9-53-2. Municipal power to acquire, build, improve and maintain convention halls. In addition to and not to the exclusion of any power granted to it by any law now in effect or hereafter enacted, any municipal corporation may provide for the acquisition of sites, building or improvement, and maintenance of a public convention hall as […]
Section 9-53-3 – Establishment of benefit district–Assessment of costs against property.
9-53-3. Establishment of benefit district–Assessment of costs against property. The governing body of a municipality shall have the power to establish a district for the acquisition of sites, building of a public convention hall or for the improving of an existing public convention hall, to establish the boundaries of such district, and to assess all […]
Section 9-53-4 – Feasibility survey conducted prior to establishment of district.
9-53-4. Feasibility survey conducted prior to establishment of district. Prior to the establishment of any benefit district for the acquiring or improving of a public convention hall, the governing body shall cause to be conducted a survey and investigation of the feasibility of such proposed district. Such survey shall include a determination of the desirability […]
Section 9-53-5 – Plat showing district boundaries and location of hall.
9-53-5. Plat showing district boundaries and location of hall. The governing body shall also cause to be prepared and filed with the city auditor or town clerk a plat showing the exterior boundaries of the proposed benefit district and the location of the public convention hall. Source: SL 1967, ch 230, §4.
Section 9-52-16 – Admission charges and auditorium rentals–Adequacy for expenses, return on municipal investment and retirement of bonds.
9-52-16. Admission charges and auditorium rentals–Adequacy for expenses, return on municipal investment and retirement of bonds. The governing body of each municipality issuing bonds under this chapter shall have the authority, and it shall be its duty, to establish and collect reasonable charges for the admission of all persons to the auditorium premises for the […]
Section 9-52-17 – Operation for purpose of profit prohibited.
9-52-17. Operation for purpose of profit prohibited. Municipalities shall not be authorized to operate revenue-producing enterprises of the nature described in this chapter for the purpose of profit or return greater than necessary to pay the cost of acquisition, improvement, operation, and maintenance thereof and interest on money borrowed or advanced from general funds for […]