2011 South Dakota Code
Title 11 PLANNING, ZONING AND HOUSING PROGRAMS
Chapter 07. County And Municipal Housing And Redevelopment
§11-7-81 Retention of redevelopment property for housing project--Housing funds transferred to redevelopment funds.


SD Codified L § 11-7-81 (through 2011) What's This?

11-7-81. Retention of redevelopment property for housing project--Housing funds transferred to redevelopment funds. The commission may retain real property for use for a housing project if such use be in conformity with the redevelopment plan. In such case, there shall be transferred to the redevelopment project funds from the housing project funds, the amount determined to be the fair value of such property for use in accordance with the redevelopment plan.

Source: SL 1950 (SS), ch 13, § 19, subdiv 1; SDC Supp 1960, § 45.3619 (1).

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