6-3-3. Appropriations and bonds authorized for common building--Bond issue prohibited until financing provisions complete.
The governing body of each participating political subdivision may appropriate money or may also issue the general obligation bonds of the subdivision, as provided in chapter 6-8B for the authorization, issuance, and sale of bonds, for the payment of its share of the cost of the building or improvement. No bonds may be issued until provision has been made by each of the other participating subdivisions for the payment of the subdivision's share of the cost.
Source: SL 1949, ch 447, §3; SDC Supp 1960, §65.0716; SL 1984, ch 43, §60; SL 1999, ch 30, §1.
Structure South Dakota Codified Laws
Title 6 - Local Government Generally
Chapter 03 - Joint County-municipal-school District Buildings
Section 6-3-4 - Contents of resolution or ordinance, notice and ballot on bond issue.
Section 6-3-5 - Resubmission of bond proposition after rejection by voters.
Section 6-3-6 - Additional appropriations or bonds when cost exceeds estimates.
Section 6-3-7 - Improvements and equipping of building by participating subdivision.
Section 6-3-8 - Supplemental nature of powers granted.
Section 6-3-10 - Elections on bonds for joint building.
Section 6-3-11 - Resubmission of bond question after rejection by voters.
Section 6-3-12 - Erection and maintenance of joint building in county seat--Selection of site.