There is a newer version of the South Dakota Codified Laws
2006 South Dakota Code - 11-7-53.2 — Approval of housing development project plan required before issuance of bonds orobligations.
11-7-53.2. Approval of housing development project plan required before issuance of bonds or obligations. Before the issuance of bonds or obligations for a housing development project proposed by a commission under § 11-7-53.1, the commission shall prepare and submit for the governing body's approval a plan addressing the following requirements:
(1) The housing needs of the municipality
and the data demonstrating those needs;
(2) The plan of the municipality to meet
identified housing needs, and the specific methods to be used to
carry out the plan;
(3) Target areas, if any, of the
municipality for each method; and
(4) A general description of the program
or programs to be implemented to meet the housing needs identified
in the plan.
Source: SL 1995, ch 80, § 3.
Source: SL 1995, ch 80, § 3.
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