S.D. Codified Laws § 11-7-53.2

Approval of housing development project plan required before issuance of bonds or obligations

Known as the County and Municipal Housing and Redevelopment Law

The act spans §§ 11–11 (112 sections).

Source: SL 1995, ch 80, § 3.

Before the issuance of bonds or obligations for a housing development project proposed by a commission under § 11-7-53.1, the commission shall prepare and submit for the governing body's approval a plan addressing the following requirements:

(1) The housing needs of the municipality and the data demonstrating those needs;

(2) The plan of the municipality to meet identified housing needs, and the specific methods to be used to carry out the plan;

(3) Target areas, if any, of the municipality for each method; and

(4) A general description of the program or programs to be implemented to meet the housing needs identified in the plan.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.