Section 31-15-8 - Negotiations for purchase or acquisition of toll bridge. - South Dakota Statutes

31-15-8. Negotiations for purchase or acquisition of toll bridge. The governing body may agree with the owner or owners of the toll bridge described in § 31-15-3 as to the value thereof and purchase the same at such agreed price or value, and said governing board is hereby authorized to negotiate for the purchase or acquisition of such toll bridge and procure an option thereon and shall have power to negotiate with, and for a nominal consideration procure, an option for the purchase of such bridge.

Source: SL 1945, ch 118, § 3; SDC Supp 1960, § 28.1435.