50-7-8. Authority of municipalities to acquire airport--Raising funds for airport--Authorization, issuance and sale of bonds.
The governing body of any municipality may appropriate money, levy a tax or issue the bonds of the municipality to pay the purchase price or award for real property acquired, or to be acquired, for an airport or landing field, and to pay for it, wholly or partly, by an appropriation, tax levy or the proceeds of the bond issue. All bonds shall be authorized, issued and sold as provided in chapter 6-8B.
Source: SDC 1939, §2.0203; SL 1984, ch 43, §125; SL 1992, ch 60, §2.
Structure South Dakota Codified Laws
Chapter 07 - Publicly Owned Airports
Section 50-7-1 - Municipalities includes organized townships and counties.
Section 50-7-6 - Acquisition of land for county airport.
Section 50-7-7 - Statement of intention to establish airport--Protest by voters--Submission to vote.
Section 50-7-9 - Annual appropriations for airports--Taxation.
Section 50-7-10 - Airport sponsors--Powers--Federal grants--Agreements.
Section 50-7-11 - Airport contracts subject to contract laws.
Section 50-7-13 - Administration of existing airports--Creation of airport board.
Section 50-7-14 - Charges for use of airport--Approval of governing body.
Section 50-7-15 - Cooperative agreements--Airport improvements--Reimbursement.
Section 50-7-16 - Interest on amounts to be reimbursed.
Section 50-7-18 - Indemnification agreements--Lands subject to mineral rights or oil and gas leases.