PocketLaw | South Dakota Codified Laws

Auditorium revenues appropriated to special fund--Operating expenses paid from fund--Net revenue pledged to separate account for bond retirement and reserves.

Section
9-52-9

Covenants and agreements with bondholders for administration and security of bonds--Bondholders' right to compel performance.

Section
9-52-10

Repealed.

Section
9-52-11

Findings and determinations as binding covenants.

Section
9-52-12

Reference to authorizing resolutions for matters not covered in bonds--Negotiability.

Section
9-52-13

9-52-14. Repealed.

Section
9-52-15

Bondholders' statutory mortgage on auditorium property--Enforcement of lien and compelling performance of duties.

Section
9-52-16

Admission charges and auditorium rentals--Adequacy for expenses, return on municipal investment and retirement of bonds.

Section
9-52-17

Operation for purpose of profit prohibited.

Section
9-52-18

Municipality and board exempt from liability for negligence of officers and employees--Employees' rights preserved.

Sections
9-52-19 - to 9-52-22

Annual report by auditorium board to governing body--Records subject to inspection.

Section
9-52-26

Auditorium board governed by terms of bonds and resolutions.

Section
9-52-27

Receivership on default in bonds or dissipation of auditorium assets--Powers of receiver--Termination of receivership.

Section
9-52-28

Severability of chapter and resolutions.

Section
9-52-29

Sale and lease-back arrangements--Tax exemption.

Section
9-52-30

Sale and lease-back arrangements--Validation of prior actions.

Section
9-52-31

Municipal Auditoriums

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Power to construct, operate, and maintain auditorium.

Lease of auditorium or convention center--Terms--Rent.

Power to create auditorium board.

Auditorium revenue bonds authorized--Purposes for which proceeds used.

Authorization, issuance and sale of bonds--Vote required.

Municipal indebtedness not authorized by chapter.

Revenue bonds payable solely from auditorium revenues--Credit and taxing powers not pledged.

Repealed.

Auditorium revenues appropriated to special fund--Operating expenses paid from fund--Net revenue pledged to separate account for bond retirement and reserves.

Covenants and agreements with bondholders for administration and security of bonds--Bondholders' right to compel performance.

Repealed.

Findings and determinations as binding covenants.

Reference to authorizing resolutions for matters not covered in bonds--Negotiability.

9-52-14. Repealed.

Bondholders' statutory mortgage on auditorium property--Enforcement of lien and compelling performance of duties.

Admission charges and auditorium rentals--Adequacy for expenses, return on municipal investment and retirement of bonds.

Operation for purpose of profit prohibited.

Municipality and board exempt from liability for negligence of officers and employees--Employees' rights preserved.

Repealed.

General powers of auditorium board--Copies of board proceedings as evidence.

Custody and disbursement of auditorium funds--Petty cash fund.

Annual report by auditorium board to governing body--Records subject to inspection.

Auditorium board governed by terms of bonds and resolutions.

Receivership on default in bonds or dissipation of auditorium assets--Powers of receiver--Termination of receivership.

Severability of chapter and resolutions.

Sale and lease-back arrangements--Tax exemption.

Sale and lease-back arrangements--Validation of prior actions.

Sale and lease-back arrangements--Powers additional.