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2019 South Dakota Codified Laws
Title 11 - Planning, Zoning and Housing Programs
Chapter 09 - Tax Increment Financing Districts
§ 11-9-30 Methods of paying project costs.
Universal Citation: SD Codified L § 11-9-30 (2019)
11-9-30. Methods of paying project costs. Payment of project costs may be made by any of the following methods or by any combination of methods:
(1) Payment by the municipality from the special fund of the district;
(2) Payment out of the municipality's funds;
(3) Payment out of the proceeds of the sale of municipal bonds issued by the municipality under chapter 10-52 or 10-52A, or both;
(4) Payment out of the proceeds of revenue bonds issued by the municipality under chapter 9-54; or
(5) Payment out of the proceeds of the sale of tax increment bonds issued by the municipality under this chapter.
Source: SL 1978, ch 91, § 20; SL 2011, ch 73, § 8; SL 2018, ch 70, § 31.
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