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HB 1130 revise the provisions related to the sale of... Add Not
State of South Dakota  
SEVENTY-SEVENTH SESSION
LEGISLATIVE ASSEMBLY,  2002
 

447H0382  
HOUSE LOCAL GOVERNMENT COMMITTEE ENGROSSED   NO. HB 1130   -   01/31/2002  

        Introduced by: Representatives Murschel, Adelstein, Derby, Hennies (Thomas), Hunhoff, and Van Etten and Senators McCracken, Ham, Reedy, Vitter, and Whiting  


         FOR AN ACT ENTITLED, An Act to  revise the provisions related to the sale of surplus governmental property.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
     Section  1.  That § 6-13-5.2 be amended to read as follows:
     6-13-5.2.   In lieu of receiving sealed bids as required by this chapter, a school district , municipality, or county may sell real property at public auction or by listing the property with one or more licensed real estate brokers. The school board governing body 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 governing body sells real property by public auction or through a real estate broker, the school board governing body shall give notice of the sale of the real property as required by §   6-13-4.


350 copies of this document were printed by the South Dakota
Legislative Research Council at a cost of $.027 per page.
 
.   Insertions into existing statutes are indicated by underscores.
Deletions from existing statutes are indicated by overstrikes.