South Dakota Statutes
§ 46A-1-52 — Financing agreements--Independent review of feasibility of project.
Before entering into any financing agreement under § 46A-1-49 , the Board of Water and Natural Resources shall conduct an independent review of the feasibility of the project to ensure that projected water consumption, operation costs, construction costs, revenues, and other statistics are reliable and that the project will be able to pay its costs and expenses. The board shall state the findings of its independent review in a motion entered in the minutes of its proceedings.
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South Dakota § 46A-1-52 (Financing agreements--Independent review of feasibility of project.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1980, ch 310, § 5; SDCL Supp, § 46-17A-46.4.
Nearby Sections
15
§ 46A-1-1
Legislative findings and policy.§ 46A-1-100
Definition of terms.§ 46A-1-102
Disbursement and administration of money from subfunds--Rules--Application of provisions.§ 46A-1-103
Promulgation of rules by board--Content.§ 46A-1-13
Presentation of cost data to Governor and Legislature--Requests for financing authorization.§ 46A-1-13.10
Lewis and Clark Rural Water System authorized.§ 46A-1-13.11
Southern Black Hills Water System authorized.§ 46A-1-13.12
Belle Fourche irrigation upgrade project authorized.