2012 South Dakota Codified Laws
Title 46A WATER MANAGEMENT
Chapter 14. Watershed Districts
§46A-14-55 Referendum on financing arrangement for improvement--Necessary number of votes in favor of proposal.


SD Codified L § 46A-14-55 (through 2012) What's This?


46A-14-55. Referendum on financing arrangement for improvement--Necessary number of votes in favor of proposal. No construction or related commitments requiring district payments may be entered into, no taxes or assessments levied, no bonds issued, or other financing arrangement made except as provided in § 46A-14-34, unless the managers have initiated adequate hearings to clearly demonstrate the works proposed for construction and the benefits to accrue from the proposed works and have conducted a referendum in accordance with this chapter in which at least sixty percent of the landowners voting in the referendum vote in favor of the tax levy, bond issue, or other permissible financing arrangement.

Source: SL 1957, ch 492, § 23; SL 1959, ch 452, § 18; SDC Supp 1960, § 61.1523 (3); SDCL § 46-24-54; SL 2011, ch 165, § 527.

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