Section 11-9-30 - Methods of paying project costs. - South Dakota Statutes

11-9-30. Methods of paying project costs. Payment of project costs may be made by any of the following methods or by any combination thereof:
(1) Payment by the municipality from the special fund of the tax incremental district;
(2) Payment out of the municipality's general funds;
(3) Payment out of the proceeds of the sale of municipal improvement bonds issued by the municipality under chapter 9-44;
(4) Payment out of the proceeds of revenue bonds issued by the municipality under chapter 9-54;
(5) Payment out of the proceeds of the sale of tax incremental bonds or notes issued by the municipality under this chapter.

Source: SL 1978, ch 91, § 20.