South Dakota Codified Laws
Chapter 55 - Business Improvement Districts
Section 9-55-3 - Uses to which generated funds may be put.

9-55-3. Uses to which generated funds may be put.
Any money generated pursuant to §9-55-2 may be used for any one or more of the following purposes:
(1)The acquisition, construction, maintenance, and operation of public off-street parking facilities for the benefit of the district area;
(2)Improvement of any public place or facility in the district area, including landscaping and plantings;
(3)Construction or installation of convention or event centers, pedestrian shopping malls or plazas, sidewalks, including moving sidewalks, parks, meeting and display facilities, bus stop shelters, lighting, benches or other seating furniture, sculptures, trash receptacles, shelters, fountains, skywalks, and pedestrian and vehicular overpasses and underpasses or any useful or necessary public improvement;
(4)Leasing, acquiring, constructing, reconstructing, extending, maintaining, or repairing parking lots or parking garages, both above and below ground, or other facilities for the parking of vehicles, including the power to install such facilities in public areas, whether such areas are owned in fee or by easement, in the district area;
(5)Creation and implementation of a plan for improving the general architectural design of public areas in the district area;
(6)The development of any activities and promotion of the district area;
(7)Maintenance, repair, and reconstruction of any improvements or facilities authorized by this chapter;
(8)Any other project or undertaking for the betterment of the facilities in the district area, whether the project is capital or noncapital in nature;
(9)Enforcement of parking regulations within the district area; and
(10)Employing or contracting for personnel, including administrators for any improvement or promotional program under this chapter, and providing for any service necessary or proper to carry out the purposes of this chapter.

Source: SL 1986, ch 81, §3; SL 2005, ch 54, §1.

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 9 - Municipal Government

Chapter 55 - Business Improvement Districts

Section 9-55-1 - Definition of terms.

Section 9-55-2 - Imposition of special assessment or general business license and occupation tax.

Section 9-55-3 - Uses to which generated funds may be put.

Section 9-55-4 - Creation of business improvement district--Established business area.

Section 9-55-5 - Appointment of business improvement board--Designation of boundaries of district--Duties of board--Proposal of more than one district as part of same development plan.

Section 9-55-6 - Composition of board--Vacancies--Terms--Officers.

Section 9-55-7 - Creation of districts by resolution of intent--Contents--Basis of occupation tax or special assessment.

Section 9-55-8 - Notice of hearing.

Section 9-55-9 - Petition for hearing.

Section 9-55-10 - Duties of governing body at hearing--Termination of hearing--Issuance of bonds for convention center from proceeds of general occupational tax.

Section 9-55-11 - Procedure for change of boundaries.

Section 9-55-12 - Establishment or rejection of districts--Adoption of ordinance establishing district--Contents.

Section 9-55-13 - Special assessment against real property located in district--Procedure.

Section 9-55-14 - Levy of general business occupation tax in addition to or in place of special assessments.

Section 9-55-15 - Procedure for implementation of tax.

Section 9-55-16 - Reassessment or changes in rate of levy of special assessment or occupation tax--Procedure.

Section 9-55-17 - Limitations on amount of assessments or taxes.

Section 9-55-18 - Purpose of taxation or assessment by municipality--Limitations on taxation and assessment--Method of taxation or assessment.

Section 9-55-18.1 - Issuance and sale of bonds--Permissible uses of proceeds--Business improvement district to remain in effect.

Section 9-55-19 - Procedure for abolishment of district.

Section 9-55-20 - Disposition of proceeds of tax or assessment upon abolishment.

Section 9-55-21 - Use of donated funds or grants.

Section 9-55-22 - Dissolution of district imposing occupational tax on rooms rented.