Section 9-51-39 - Cost estimates, revenue estimates and method of financing filed with auditor or clerk. - South Dakota Statutes

9-51-39. Cost estimates, revenue estimates and method of financing filed with auditor or clerk. In addition to complying with § 9-51-38, the governing body shall cause to be prepared and filed with the city auditor or town clerk schedules showing the following:
(1) A description of each proposed parking facility;
(2) An estimate of the costs to acquire and improve the public parking facility and an estimate of the cost to annually maintain such facility or facilities;
(3) Estimate of revenues which might be derived by the municipality from the public parking facility;
(4) A proposed method of financing the acquisition and improvement of the public parking facility and an estimate of the total cost of the project, including the percentage of all costs which will be assessed against the privately owned property within the benefit district and the percentage of costs to be paid by the municipality from other sources, describing each source.

Source: SL 1967, ch 231, § 4.