South Dakota Codified Laws
Chapter 01 - State Water Resources Management
Section 46A-1-27 - Bond provisions applicable to interim financing.

46A-1-27. Bond provisions applicable to interim financing.
The provisions of §§46A-1-38 to 46A-1-44, inclusive, §46A-1-46, §46A-1-49, §46A-1-54, §§46A-1-56 to 46A-1-59, inclusive, and §46A-1-70, relating to bonds shall also apply to notes issued pursuant to §46A-1-17.

Source: SL 1979, ch 301, §9; SDCL Supp, §46-17A-28.1.

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 46A - Water Management

Chapter 01 - State Water Resources Management

Section 46A-1-1 - Legislative findings and policy.

Section 46A-1-2 - Legislative purpose for state water plan--Composition of plan.

Section 46A-1-2.1 - Legislative finding--Preferred, priority objectives.

Section 46A-1-3 - Definition of terms.

Section 46A-1-4 - Water rights not affected by chapter.

Section 46A-1-7 - Establishment of state policy on water facilities--Recommended comments on federal policy.

Section 46A-1-8 - Resolution of conflicting interests.

Section 46A-1-10 - Recommendations to Governor and Legislature as to facilities needed in water resources management system.

Section 46A-1-11 - Estimates of costs and revenues from proposed water facilities--Requests for legislative authorization of construction.

Section 46A-1-12 - Allocation of benefits and costs among governmental and private interests--Determination of priorities.

Section 46A-1-13 - Presentation of cost data to Governor and Legislature--Requests for financing authorization.

Section 46A-1-13.2 - Authorization of Belle Fourche irrigation rehabilitation project--Financial assistance limited.

Section 46A-1-13.4 - Authorization of Mni Wiconi rural system--Loans--Accrual of interest.

Section 46A-1-13.6 - Authorization of Lake Andes-Wagner/Marty II Irrigation Project--Research demonstration project required--Loans authorized--Indian lands exempted from payments.

Section 46A-1-13.7 - Sioux Falls Flood Control Project authorized.

Section 46A-1-13.8 - Black Hills Water Management Project and Black Hills Hydrology Study authorized.

Section 46A-1-13.10 - Lewis and Clark Rural Water System authorized.

Section 46A-1-13.11 - Southern Black Hills Water System authorized.

Section 46A-1-13.12 - Belle Fourche irrigation upgrade project authorized.

Section 46A-1-14 - Annual report of activities of board--Contents.

Section 46A-1-15 - Consideration of wild, scenic, and recreational rivers.

Section 46A-1-17 - Borrowing on interim notes--Expenses paid and loans made from proceeds--Issuance of notes.

Section 46A-1-18 - Loan of interim note proceeds to public entity or person for project that state or federal agency is committed to finance--Notes issued prior to financing arrangement.

Section 46A-1-19 - Interim financing--Proper authority required.

Section 46A-1-20 - Interim financing--Independent review of feasibility of project.

Section 46A-1-21 - Interim financing--Proceeds pledged as security--Assignment to district of rights to proceeds.

Section 46A-1-22 - Terms of interim notes.

Section 46A-1-23 - Security for interim notes.

Section 46A-1-24 - Additional covenants and conditions to secure interim notes.

Section 46A-1-25 - Registration of interim notes--Interest payment--Redemption prior to maturity.

Section 46A-1-26 - Execution and attestation of interim notes--Sale.

Section 46A-1-27 - Bond provisions applicable to interim financing.

Section 46A-1-28 - Payment of interim notes on issue of revenue bonds.

Section 46A-1-29 - Plan for project financing to be submitted to Legislature--Authorization for bond issuance--Amount of bonds.

Section 46A-1-30 - Purposes for bond issuance.

Section 46A-1-31 - Bond issuance to finance or refinance statewide water plan projects--Bond issuance to purchase or finance loans by United States Department of Agriculture or to fund revolving fund programs under Clean Water Act or Safe Drinking Wa...

Section 46A-1-32 - Terms of bonds.

Section 46A-1-33 - Pledge of revenues to secure payment of bonds.

Section 46A-1-33.1 - District may contract to manage payment or interest rate risk for bonds.

Section 46A-1-36 - Covenant to collect revenues sufficient for retirement of bonds.

Section 46A-1-37 - Covenant against alienation or encumbrance of projects while bonds outstanding.

Section 46A-1-38 - Covenants as to management of project and accounting for funds.

Section 46A-1-39 - Trust agreements.

Section 46A-1-40 - Additional covenants to secure bonds or make them more marketable.

Section 46A-1-41 - State general obligation not to be created.

Section 46A-1-42 - Bonds not a state obligation--Payment restricted to revenues.

Section 46A-1-43 - Recording not required for bond protection.

Section 46A-1-44 - Validity of bonds not dependent upon signing officers remaining in office or regularity of proceedings.

Section 46A-1-45 - Sale of bonds--Procedure and price.

Section 46A-1-46 - Negotiability of bonds.

Section 46A-1-47 - Bonds as legal investments for fiduciaries and financial institutions.

Section 46A-1-48 - Bond and note proceeds--Payment into state treasury not required.

Section 46A-1-49 - Financing agreements to lend bond proceeds--Board resolution.

Section 46A-1-50 - Financing agreements--Provisions to provide for and secure repayment of bonds and loan.

Section 46A-1-51 - Financing agreements--Proper authority required.

Section 46A-1-52 - Financing agreements--Independent review of feasibility of project.

Section 46A-1-53 - Agreement as to custody and disposition of moneys.

Section 46A-1-54 - Remedies of bondholders.

Section 46A-1-55 - Persons executing district notes or bonds not subject to personal liability.

Section 46A-1-56 - Refunding bonds authorized for matured obligations.

Section 46A-1-57 - Sale of refunding bonds for matured obligations--Application of proceeds--Cancellation of instruments paid.

Section 46A-1-58 - Refunding bonds authorized for unmatured obligations.

Section 46A-1-59 - Sale of refunding bonds for unmatured obligations--Use of proceeds.

Section 46A-1-60 - Water and environment fund--Establishment--Moneys in fund.

Section 46A-1-60.1 - Water pollution control revolving fund program and state drinking water revolving fund program established--Program subfunds created--Deposits into subfunds and use thereof.

Section 46A-1-60.2 - Disbursements from and administration of water pollution control revolving fund program and state drinking water revolving fund program--Sections 46A-1-61 to 46A-1-69 inapplicable.

Section 46A-1-60.3 - Rules for selection of projects to receive funds from water pollution control revolving fund program and state drinking water revolving fund program and administration of same.

Section 46A-1-61 - Authorization required for disbursements from fund--Form of appropriation from fund--Limit on grants.

Section 46A-1-62 - Disbursements from capital projects fund.

Section 46A-1-63 - Energy industry use funds deposit--Deposit of funds recovered through lawsuit or settlement.

Section 46A-1-63.1 - Consolidated water facilities construction program--Disbursements.

Section 46A-1-64 - Limit on loans or grants to projects in water facilities plan--Security for loans.

Section 46A-1-65 - Criteria for selection of projects to receive loans or grants--Regulation of loans or grants.

Section 46A-1-66 - Interest on loans.

Section 46A-1-67 - Term of loans--Capitalization and refinancing of loans for purposes other than construction.

Section 46A-1-67.1 - Repayment of loan may be deferred until execution of contract for project construction.

Section 46A-1-68 - Loan terms set by Legislature.

Section 46A-1-68.1 - Deposit of money received from fund.

Section 46A-1-69 - Suspension of annual installment due on loan for irrigation project.

Section 46A-1-70 - Financial reporting of projects--Auditing.

Section 46A-1-71 - Legislative findings regarding need for program of statewide water development and financing.

Section 46A-1-72 - Pipeline or aqueduct construction authorized--Use of water.

Section 46A-1-73 - Financing of pipelines or aqueducts--Bonds--Loans.

Section 46A-1-78 - Moratorium on Oahe project construction as public policy of state--Study of alternate projects--Negotiation of settlement for land losses.

Section 46A-1-81 - Amount of funds required for dredge maintenance and repair and other expenses.

Section 46A-1-82 - Environment and water resources trust fund established--Subfund.

Section 46A-1-83 - State solid waste management program established.

Section 46A-1-83.2 - Expenditure of fees deposited in environment and water resources trust fund--Access to fund--Appropriation.

Section 46A-1-84 - Adoption of rules to award financial assistance to sponsors of solid waste management projects--Purpose and preference of awards.

Section 46A-1-88 - Conversion of study loans to grants.

Section 46A-1-91 - Financial assistance for recycling and processing facilities for waste tires.

Section 46A-1-92 - Legislative findings and authorization of certain water development projects.

Section 46A-1-93 - Priority in administration of funds.

Section 46A-1-94 - Perkins County rural water system.

Section 46A-1-95 - Clean lakes program, nonpoint source program, water quality monitoring program, and wetland grant program established.

Section 46A-1-96 - Special purpose water district loan program established--Funding.

Section 46A-1-97 - Board authorized to contract for financial services.

Section 46A-1-98 - Confidentiality of trade secrets or commercial or financial information received by board or department.

Section 46A-1-99 - Additional financial assistance for solid waste management and recycling facilities.

Section 46A-1-100 - Definition of terms.

Section 46A-1-101 - State brownfields revitalization and economic development program established--Subfunds created--Deposit and use of money.

Section 46A-1-102 - Disbursement and administration of money from subfunds--Rules--Application of provisions.

Section 46A-1-103 - Promulgation of rules by board--Content.

Section 46A-1-104 - Continuous appropriation of brownfields revitalization and economic development program subfunds--Purpose.

Section 46A-1-105 - Establishment of brownfields program by eligible entity.

Section 46A-1-106 - Powers of eligible entity establishing brownfields program.