<html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 11-9-30 - Methods of paying project costs.</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.sbc94faeb3fd74460a41526b4f3fbd8e3Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sbc94faeb3fd74460a41526b4f3fbd8e3SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sbc94faeb3fd74460a41526b4f3fbd8e3CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.sbc94faeb3fd74460a41526b4f3fbd8e3Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; 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font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sbc94faeb3fd74460a41526b4f3fbd8e3SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 11-9-30 - Methods of paying project costs."><meta property="og:description" content="SDLRC Codified Law 11-9-30 - Methods of paying project costs."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/11-9-30"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="sbc94faeb3fd74460a41526b4f3fbd8e3Normal"><a href="https://sdlegislature.gov/Statutes?Statute=11-9-30" rel="noopener"><span class="sbc94faeb3fd74460a41526b4f3fbd8e3SENU">11-9-30</span></a><span xml:space="preserve" class="sbc94faeb3fd74460a41526b4f3fbd8e3SENU">. </span><span class="sbc94faeb3fd74460a41526b4f3fbd8e3CL">Methods of paying project costs.</span></p><p dir="ltr" class="sbc94faeb3fd74460a41526b4f3fbd8e3Statute"><span class="sbc94faeb3fd74460a41526b4f3fbd8e3DefaultParagraphFont">Payment of project costs may be made by any of the following methods or by any combination of methods:</span></p><p dir="ltr" class="sbc94faeb3fd74460a41526b4f3fbd8e3StatuteNumber1"><span class="sbc94faeb3fd74460a41526b4f3fbd8e3DefaultParagraphFont">(1)    Payment by the political subdivision from the special fund of the district;</span></p><p dir="ltr" class="sbc94faeb3fd74460a41526b4f3fbd8e3StatuteNumber1"><span class="sbc94faeb3fd74460a41526b4f3fbd8e3DefaultParagraphFont">(2)    Payment out of the funds of the political subdivision;</span></p><p dir="ltr" class="sbc94faeb3fd74460a41526b4f3fbd8e3StatuteNumber1"><span xml:space="preserve" class="sbc94faeb3fd74460a41526b4f3fbd8e3DefaultParagraphFont">(3)    Payment out of the proceeds of the sale of municipal bonds issued by the municipality under chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=10-52" rel="noopener"><span class="sbc94faeb3fd74460a41526b4f3fbd8e3DefaultParagraphFont">10-52</span></a><span xml:space="preserve" class="sbc94faeb3fd74460a41526b4f3fbd8e3DefaultParagraphFont"> or </span><a href="https://sdlegislature.gov/Statutes?Statute=10-52A" rel="noopener"><span class="sbc94faeb3fd74460a41526b4f3fbd8e3DefaultParagraphFont">10-52A</span></a><span class="sbc94faeb3fd74460a41526b4f3fbd8e3DefaultParagraphFont">, or both;</span></p><p dir="ltr" class="sbc94faeb3fd74460a41526b4f3fbd8e3StatuteNumber1"><span xml:space="preserve" class="sbc94faeb3fd74460a41526b4f3fbd8e3DefaultParagraphFont">(4)    Payment out of the proceeds of revenue bonds issued by the political subdivision under chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=9-54" rel="noopener"><span class="sbc94faeb3fd74460a41526b4f3fbd8e3DefaultParagraphFont">9-54</span></a><span class="sbc94faeb3fd74460a41526b4f3fbd8e3DefaultParagraphFont">; or</span></p><p dir="ltr" class="sbc94faeb3fd74460a41526b4f3fbd8e3StatuteNumber1"><span class="sbc94faeb3fd74460a41526b4f3fbd8e3DefaultParagraphFont">(5)    Payment out of the proceeds of the sale of tax increment bonds issued by the political subdivision under this chapter.</span></p><p dir="ltr" class="sbc94faeb3fd74460a41526b4f3fbd8e3Normal"><span xml:space="preserve" class="sbc94faeb3fd74460a41526b4f3fbd8e3000000"> </span></p><p dir="ltr" class="sbc94faeb3fd74460a41526b4f3fbd8e3NoIndent"><span xml:space="preserve" class="sbc94faeb3fd74460a41526b4f3fbd8e3DefaultParagraphFont-000001">Source: </span><span class="sbc94faeb3fd74460a41526b4f3fbd8e3SCL">SL 1978, ch 91, § 20; SL 2011, ch 73, § 8; SL 2018, ch 70, § 31; SL 2024, ch 45, § 12.</span></p></div></body></html>