South Dakota § 11-7-53.3 Competitive bidding on construction of housing development project.

South Dakota Statutes

§ 11-7-53.3 — Competitive bidding on construction of housing development project.

South Dakota § 11-7-53.3

Title 11PLANNING, ZONING AND HOUSING PROGRAMS

Ch. 11-7COUNTY AND MUNICIPAL HOUSING AND REDEVELOPMENT

This text of South Dakota § 11-7-53.3 (Competitive bidding on construction of housing development project.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 11-7-53.3 (2026).

Text

A commission need not require competitive bidding on the construction or development of a housing development project if:

(1)The project is financed with the proceeds of bonds issued under this chapter or from nongovernmental sources;

(2)The project is either located on land that is owned or is being acquired by the commission only for development purposes, or is not owned by the commission at the time the contract is entered into but the contract provides for conveyance or lease to the commission of the project or improvements upon completion of construction; and (3) The commission finds and determines that elimination of the public bidding requirements is necessary in order for the housing development project to be economical and feasible.

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A commission need not require competitive bidding on the construction or development of a housing development project if: (1) The project is financed with the proceeds of bonds issued under this chapter or from nongovernmental sources; (2) The project is either located on land that is owned or is being acquired by the commission only for development purposes, or is not owned by the commission at the time the contract is entered into but the contract provides for conveyance or lease to the commission of the project or improvements upon completion of construction; and (3) The commission finds and determines that elimination of the public bidding requirements is necessary in order for the housing development project to be economical and feasible.