South Dakota § 9-51-26 Agreement to levy tax when bonds due--Certification to county auditor.

South Dakota Statutes

§ 9-51-26 — Agreement to levy tax when bonds due--Certification to county auditor.

South Dakota·Title 9 MUNICIPAL GOVERNMENT·Ch. 9-51 MUNICIPAL PARKING FACILITIES

The municipality may agree, prior to the issuance or delivery of any bonds, to levy by ordinance an annual ad valorem tax upon all the taxable property within the municipality in such amount as will pay the annual interest thereon and the principal of said bonds at the time the same become due. Within thirty days after the adoption and publication of said ordinance, the auditor or clerk shall transmit to the county auditor a certified copy thereof.

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The municipality may agree, prior to the issuance or delivery of any bonds, to levy by ordinance an annual ad valorem tax upon all the taxable property within the municipality in such amount as will pay the annual interest thereon and the principal of said bonds at the time the same become due. Within thirty days after the adoption and publication of said ordinance, the auditor or clerk shall transmit to the county auditor a certified copy thereof.

South Dakota § 9-51-26 (Agreement to levy tax when bonds due--Certification to county auditor.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.