34-10-25. Tax levy in lieu of bonds--Accumulation of construction fund--Election on use of fund.
In lieu of issuing bonds, the hospital district board may levy an annual tax not to exceed five mills for the purpose of purchasing, constructing, equipping, leasing, or otherwise acquiring and maintaining a hospital, and shall direct the treasurer of the district to place such moneys in a district construction fund. When a sufficient amount of money is accumulated in the district construction fund the board may proceed to purchase, construct, equip, lease, or otherwise acquire a hospital, except that the electors of the district shall first approve the purchase, construction, leasing, or other acquisition of a hospital by a majority of all votes cast on such issue. An election on such issue shall be called and held in the same manner as an election on a proposal to issue bonds.
Source: SL 1959, ch 135, §15; SDC Supp 1960, §27.19B15.
Structure South Dakota Codified Laws
Title 34 - Public Health and Safety
Chapter 10 - Public Hospital Districts
Section 34-10-1 - Purpose of chapter--Types of institutions included.
Section 34-10-4 - Joint action of county commissioners of two or more counties.
Section 34-10-5 - Notice of election on establishment of district--General election laws applicable.
Section 34-10-6 - List of electors obtained from county auditors.
Section 34-10-7 - Qualifications of electors on establishment of district.
Section 34-10-10 - Annexation of territory by district--Petition, hearing, and order.
Section 34-10-11 - Board of trustees to manage district.
Section 34-10-12 - Terms of office of trustees--Election of first board.
Section 34-10-13 - Nomination of trustees--Date and notice of elections.
Section 34-10-14 - Trustees unpaid--Vacancy on board--Records of actions.
Section 34-10-18 - Failure of bond issue on failure of district.
Section 34-10-21 - Tax levy for retirement of bonds.
Section 34-10-22 - Reduction of tax levy on payment of other moneys into debt service fund.
Section 34-10-24 - Collection of taxes levied--Transfer of collections to district treasurer.
Section 34-10-26 - Tax levy for operation and maintenance of hospital--Maximum levy.
Section 34-10-27 - Accounting for district funds--Disbursements.
Section 34-10-28 - Lease of hospital facilities to others.
Section 34-10-29 - Annual audit of district affairs--Report of audit.
Section 34-10-30 - Dissolution of district--Provision for indebtedness.
Section 34-10-31 - Effective date of dissolution--Certification as to indebtedness.