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 9-53-6 – Schedule of cost estimates and financing plan.
9-53-6. Schedule of cost estimates and financing plan. In addition to complying with §§9-53-4 and 9-53-5, the governing body shall cause to be prepared and filed with the city auditor or town clerk schedules showing the following: (1)A description of such facility and the equipping and furnishing thereof; (2)An estimate of the cost to acquire […]
Section 9-52-28 – Severability of chapter and resolutions.
9-52-28. Severability of chapter and resolutions. If any provision of this chapter, or of any resolution or resolutions authorizing the issuance of bonds pursuant to this chapter, or the application thereof to any person or circumstances, shall be held invalid in any legal proceedings, such invalidity shall not affect other provisions or applications of this […]
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 9-52-11 – Findings and determinations as binding covenants.
9-52-11. Findings and determinations as binding covenants. The findings and determinations herein authorized shall constitute binding representations, recitals, and covenants of each municipality issuing revenue bonds hereunder to and with the purchasers and holders of all such bonds. Source: SL 1951, ch 246, §2; SDC Supp 1960, §45.24B02.
Section 9-52-12 – Reference to authorizing resolutions for matters not covered in bonds–Negotiability.
9-52-12. Reference to authorizing resolutions for matters not covered in bonds–Negotiability. Bonds issued pursuant to this chapter may refer to the authorizing resolution or resolutions for matters not expressed in the bonds, but they shall be negotiable investment securities within the meaning of chapter 57A-8, notwithstanding any conditions expressed therein or in the resolutions. Source: […]