9-27-36. Sale or lease of municipal real property for industrial development or public purposes--Terms of lease.
Every municipality shall have power to lease or sell on a negotiated basis and to convey any of its real property to a county or the state or another municipality, or to a nonprofit local industrial development corporation as defined by §9-27-37 and located therein, to be used by such grantee for an authorized public purpose or industrial development purpose as enumerated in §9-54-1. Such lease or sale shall be authorized on the terms and in the manner provided by resolution of the governing body.
Source: SL 1976, ch 63, §1; SL 1977, ch 48, §3.
Structure South Dakota Codified Laws
Title 9 - Municipal Government
Chapter 27 - Acquisition And Disposition Of Real Estate
Section 9-27-1 - Appropriation and condemnation of private property--Resolution of necessity.
Section 9-27-3 - Payment by municipality of prior lien--Foreclosure after municipal failure to pay.
Section 9-27-8 - Proceeds of sale applied to payment of liens--Cancellation of unpaid balance.
Section 9-27-9 - Purchase of tax sale certificates authorized--Amount paid to county.
Section 9-27-29 - Conveyance to school district of property not required for public purposes.
Section 9-27-30 - Resolution for transfer to school district--Deed of conveyance.
Section 9-27-31 - Petition for donation of courthouse site to county--Submission to voters.
Section 9-27-32 - Conveyance to county of courthouse site after approval by voters.
Section 9-27-34 - Exchange of lands with United States.
Section 9-27-34.1 - Exchange of land with private owner--Appraisal--Public notice and hearing.