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South Dakota Codified Laws

Chapter 9-52

S.D. Codified Laws ch. 9-52

Municipal Auditoriums

9-52-1Power to construct, operate, and maintain auditorium.9-52-1.1Lease of auditorium or convention center--Terms--Rent.9-52-2Power to create auditorium board.9-52-3Auditorium revenue bonds authorized--Purposes for which proceeds used.9-52-4Authorization, issuance and sale of bonds--Vote required.9-52-5Municipal indebtedness not authorized by chapter.9-52-6Revenue bonds payable solely from auditorium revenues--Credit and taxing powers not pledged.9-52-7RepealedRepealed 9-52-8Auditorium revenues appropriated to special fund--Operating expenses paid from fund--Net revenue pledged to separate account for bond retirement and reserves.9-52-9Covenants and agreements with bondholders for administration and security of bonds--Bondholders' right to compel performance.9-52-10RepealedRepealed 9-52-11Findings and determinations as binding covenants.9-52-12Reference to authorizing resolutions for matters not covered in bonds--Negotiability.9-52-139-52-13, 9-52-14. Repealed by SL 1984, ch 43, § 131.9-52-15Bondholders' statutory mortgage on auditorium property--Enforcement of lien and compelling performance of duties.9-52-16Admission charges and auditorium rentals--Adequacy for expenses, return on municipal investment and retirement of bonds.9-52-17Operation for purpose of profit prohibited.9-52-18Municipality and board exempt from liability for negligence of officers and employees--Employees' rights preserved.9-52-199-52-19 to 9-52-22. Repealed by SL 1995, ch 49, §§ 17 to 20.9-52-23General powers of auditorium board--Copies of board proceedings as evidence.9-52-24Custody and disbursement of auditorium funds--Petty cash fund.9-52-25Annual report by auditorium board to governing body--Records subject to inspection.9-52-26Auditorium board governed by terms of bonds and resolutions.9-52-27Receivership on default in bonds or dissipation of auditorium assets--Powers of receiver--Termination of receivership.9-52-28Severability of chapter and resolutions.9-52-29Sale and lease-back arrangements--Tax exemption.9-52-30Sale and lease-back arrangements--Validation of prior actions.9-52-31Sale and lease-back arrangements--Powers additional.