There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 9 MUNICIPAL GOVERNMENT
Chapter 51. Municipal Parking Facilities
§9-51-26 Agreement to levy tax when bonds due--Certification to county auditor.
SD Codified L § 9-51-26 (through 2011) What's This?
9-51-26. Agreement to levy tax when bonds due--Certification to county auditor. The municipality may agree, prior to the issuance or delivery of any bonds, to levy by ordinance an annual ad valorem tax upon all the taxable property within the municipality in such amount as will pay the annual interest thereon and the principal of said bonds at the time the same become due. Within thirty days after the adoption and publication of said ordinance, the auditor or clerk shall transmit to the county auditor a certified copy thereof.
Source: SL 1955, ch 216, § 6; SDC Supp 1960, § 45.02A06 (3).
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