Section 1-33-56 - Purchase of central processing unit authorized--Equipment reserve replacementaccount. - South Dakota Statutes

1-33-56. Purchase of central processing unit authorized--Equipment reserve replacement account. The Legislature hereby declares that it is in the interest of the state to enter into an agreement to purchase a central processing unit for the state computer system. The Bureau of Information and Telecommunications is hereby authorized to enter into an agreement to purchase on a sixty-month basis a central processing unit to provide the state with needed computer capacity.
The data processing internal service fund established in the treasury is hereby divided into an administrative account and an equipment reserve replacement account. The fee schedule for the use of the equipment mentioned above shall be designed to the extent practicable to recover cost as if the equipment were under a regular lease agreement. The difference between such costs and the amount necessary to pay the purchase agreement shall be established in the equipment reserve replacement account to be used at a future date.

Source: SL 1970, ch 30, §§ 1, 3; SDCL Supp, § 4-7-23.1; SDCL, § 1-14-12.4; SL 1994, ch 412 (Ex. Ord. 94-4), § 21.