South Dakota § 9-12-5.2 Lease of municipally owned property to private person--Resolution of intent--Notice and hearing--Authorization.

South Dakota Statutes

§ 9-12-5.2 — Lease of municipally owned property to private person--Resolution of intent--Notice and hearing--Authorization.

South Dakota § 9-12-5.2

Title 9MUNICIPAL GOVERNMENT

Ch. 9-5GENERAL POWERS OF MUNICIPALITIES

This text of South Dakota § 9-12-5.2 (Lease of municipally owned property to private person--Resolution of intent--Notice and hearing--Authorization.) 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 § 9-12-5.2 (2026).

Text

If the governing body decides to lease any municipally owned property to any private person for a term exceeding one hundred twenty days and for an amount exceeding two thousand five hundred dollars annual value, the municipality must adopt a resolution of intent to enter into the lease, and the resolution must fix a time and place for public hearing on the adoption of the lease resolution. Notice of the hearing on the adoption of the lease resolution must be published in the official newspaper once, at least ten days prior to the hearing. Following the hearing, the governing body may proceed to authorize the lease upon the terms and conditions it determines.

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If the governing body decides to lease any municipally owned property to any private person for a term exceeding one hundred twenty days and for an amount exceeding two thousand five hundred dollars annual value, the municipality must adopt a resolution of intent to enter into the lease, and the resolution must fix a time and place for public hearing on the adoption of the lease resolution. Notice of the hearing on the adoption of the lease resolution must be published in the official newspaper once, at least ten days prior to the hearing. Following the hearing, the governing body may proceed to authorize the lease upon the terms and conditions it determines.