There is a newer version
of
this Section
2021 South Dakota Codified Laws
Title 9 - Municipal Government
Chapter 27 - Acquisition And Disposition Of Real Estate
Section 9-27-36 - Sale or lease of municipal real property for industrial development or public purposes--Terms of lease.
Universal Citation: SD Codified L § 9-27-36 (2021)
9-27-36. Sale or lease of municipal real property for industrial development or public purposes--Terms of lease.
Every municipality shall have power to lease or sell on a negotiated basis and to convey any of its real property to a county or the state or another municipality, or to a nonprofit local industrial development corporation as defined by §9-27-37 and located therein, to be used by such grantee for an authorized public purpose or industrial development purpose as enumerated in §9-54-1. Such lease or sale shall be authorized on the terms and in the manner provided by resolution of the governing body.
Source: SL 1976, ch 63, §1; SL 1977, ch 48, §3.
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
