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S.D. Codified Laws ch. 9-44 – Municipal Improvement Bonds | Midpage
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South Dakota Codified Laws
Title 9
Chapter 9-44
S.D. Codified Laws ch. 9-44
Municipal Improvement Bonds
9-44-1
Municipal improvement bonds authorized in lieu of special assessment certificates.
9-44-2
Authorization--Issuance--Sale--Maturity.
9-44-3
Amount of bond issue.
9-44-5
Covenants with bondholders authorized.
9-44-6
Agreement by municipality to pay part of bonds from tax proceeds--Constitutional limitation--Irrepealable tax levy.
9-44-7
Municipal agreement as to water and sewer service charges--Adequacy of rates.
9-44-8
Tax levy to pay deficiency in improvement fund--Covenant to levy--Limitation of levy.
9-44-9
Reduction of assessments on decision to pay bonds from taxes or service charges--Supplemental assessments on property benefited.
9-44-10
Bonds payable from improvement fund--Negotiability--Municipal obligation limited.
9-44-11
Assessments, taxes, and revenues paid into improvement fund--Use of fund--Unexpended balance.