South Dakota Statutes
§ 11-8-58 — Negotiated sale of urban renewal property--Advertising and invitation for proposals.
South Dakota § 11-8-58
This text of South Dakota § 11-8-58 (Negotiated sale of urban renewal property--Advertising and invitation for proposals.) 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 § 11-8-58 (2026).
Text
A municipality may dispose of real property in an urban renewal area to private persons on a negotiated basis at a price not less than its fair market value. Notice of the intent of the municipality to dispose of the real property and an invitation to submit proposals shall be published for one week. The transfer shall be authorized on the terms and in the manner provided by resolution of the governing body.
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Legislative History
SL 1966, ch 149, § 10 (2); SL 1977, ch 105; SL 1979, ch 94; SL 1982, ch 60, § 12.
Nearby Sections
15
§ 11-1-15
Repealed§ 11-11-1
Legislative findings.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 11-8-58, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/11-8-58.