An Act to raise the appraisal value of surplus property that may be sold by a political subdivision without notice.
Be it enacted by the Legislature of the State of South Dakota:
Section 1. That § 6-13-4 be AMENDED:
6-13-4.
Any surplus
property appraised pursuant to § 6-13-2
at
two thousand
five hundred dollars or less or any animal owned by a municipality
for a zoo may be sold by the governing board at a private or public
sale without notice. The governing board of the political subdivision
shall give notice of the sale of all other surplus property,
including property created as a result of an educational program in a
school, by
publishing a notice of the sale at least twice, with the first
publication not less than ten days prior to the date of the sale. The
first publication
shall
must be in the
official newspapers of the political subdivision and the second
publication may be in any legal newspaper of the state chosen by the
governing board of the political subdivision. If the political
subdivision has no official newspaper, the first publication
shall
must be made in
a legal newspaper with general circulation in the area, to be
selected by the governing board of the political subdivision. The
notice shall describe the property to be sold and the time when bids
will be opened. The governing board may open the bids or may
designate an official and a witness to open all bids prior to the
meeting of the governing board and shall state such in the notice of
sale. Property to be transferred to another political subdivision
pursuant to § 6-5-1
need not be advertised.
Underscores indicate new language.
Overstrikes
indicate deleted language.