Every municipality shall have power to borrow money on the credit of the corporation for the purpose of constructing buildings and making improvements for public parks, and to issue its negotiable bonds therefor in the manner provided by law.
S.D. Codified Laws § 9-38-4
Bonding power for park improvements
Source: SL 1933 (SS), ch 14; SDC 1939, § 45.2535.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.