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HB 1115 to allow school districts to sell real property...

        
AN ACT

        ENTITLED, An Act  to allow school districts to sell real property by public auction or by using a real estate broker.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
     Section  1.  That § 5-18-18.1 be amended to read as follows:
     5-18-18.1.   The purchase by a school district of perishable food, raw materials used in construction or manufacture of products for resale, contracts for asbestos removal in emergency response actions and contracts for services provided by individuals or firms for consultants, audits, legal services, architectural services and engineering, insurance, real estate services, auction services, or transportation of students are exempt from the provisions of this chapter.
     No contract for the transportation of students may exceed five years. Specific provisions of the contract may be renegotiated during the term of the contract provided that guidelines for making changes are in the contract. Any change made during the term of the contract shall be reported in the school board minutes.
     Section  2.  That chapter 6-13 be amended by adding thereto a NEW SECTION to read as follows:
     In lieu of receiving sealed bids as required by this chapter, a school district may sell real property at public auction or by listing the property with one or more licensed real estate brokers. The school board may accept any offer for purchase of real property provided the offer exceeds ninety percent of the appraised value of the real property as required by §  6-13-2. If a school board sells real property by public auction or through a real estate broker, the school board shall give notice of the sale of the real property as required by §  6-13-4.
An Act to allow school districts to sell real property by public auction or by using a real estate broker.

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I certify that the attached Act originated in the

HOUSE as Bill No. 1115

____________________________
Chief Clerk
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____________________________
Speaker of the House

Attest:

____________________________
Chief Clerk

____________________________
President of the Senate

Attest:

____________________________
Secretary of the Senate

House Bill No. 1115
File No. ____
Chapter No. ______     =========================
Received at this Executive Office this ____ day of _____________ ,

19___ at _____ M.


By _________________________
for the Governor
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The attached Act is hereby approved this ________ day of ______________ , A.D., 19___

____________________________
Governor
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STATE OF SOUTH DAKOTA,
ss.
Office of the Secretary of State

Filed ____________ , 19___
at _________ o'clock __ M.

____________________________
Secretary of State

By _________________________
Asst. Secretary of State