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17 chapters · 616 sections in this title.
SDCL § 11-7-91 Provision for project revenues to be placed in debt service funds
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The commission may in its discretion provide that all revenues received from its redevelopment projects be placed in a debt service fund for the payment of interest and principal on all bonds issued for any redevelopment project, and the revenue from all such projects shall be pa…
SDCL § 11-7-92 Commission power to issue bonds--Refunding bonds
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A commission shall have power to issue bonds from time to time in its discretion, for any of its corporate purposes. A commission shall also have power to issue refunding bonds for the purpose of paying or retiring bonds, including interest thereon, previously issued by it. Sourc…
SDCL § 11-7-93 Income and revenues from which bonds payable--Additional pledge of other funds or assets
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A commission may issue such types of bonds as it may determine, including (without limiting the generality of the foregoing) bonds on which the principal and interest are payable: (1) Exclusively from the income and revenues of the project financed with the proceeds of such bonds…
SDCL § 11-7-94 Conditions and covenants of bonds
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In connection with the issuance of bonds or the incurring of obligations under leases and in order to secure payment of such bonds, or obligations, a commission, in addition to its other powers, shall have power: (1) To pledge all or any part of its gross or net rents, fees or re…
