South Dakota § 9-43-114 Negotiable bonds to finance local improvement.

South Dakota Statutes

§ 9-43-114 — Negotiable bonds to finance local improvement.

South Dakota·Title 9 MUNICIPAL GOVERNMENT·Ch. 9-42 SPECIAL ASSESSMENTS AND FINANCING OF IMPROVEMENTS

The governing body may provide by ordinance or resolution for the issuance of negotiable bonds without a vote of the voters in an amount not exceeding the entire cost of the local improvement. The bonds shall be issued and sold as provided in chapter 6-8B . However, all bonds shall mature not later than one year after the maturity of the last assessment installment. A single issue may be sold to finance several improvements.

Free access — add to your briefcase to read the full text and ask questions with AI

The governing body may provide by ordinance or resolution for the issuance of negotiable bonds without a vote of the voters in an amount not exceeding the entire cost of the local improvement. The bonds shall be issued and sold as provided in chapter 6-8B . However, all bonds shall mature not later than one year after the maturity of the last assessment installment. A single issue may be sold to finance several improvements.

South Dakota § 9-43-114 (Negotiable bonds to finance local improvement.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.