Section 46A-18-42 - Examination, hearing, and resolution on project--Financing. - South Dakota Statutes

46A-18-42. Examination, hearing, and resolution on project--Financing. After approval by the board, the directors shall examine the plans, hold hearings on the proposals, and by resolution state that the proposed work, or any part thereof, should be accomplished. The resolution shall state whether the cost shall be paid by a general tax levy against all taxable real property located within the district, by a special assessment against real property within the district that will specially benefit by the project or by both a general tax levy and a special assessment with the portion to be paid by each.

Source: SL 1984, ch 293, § 41; SL 1990, ch 366, § 12.