§ 11-7A-1 Definition of terms
§ 11-7A-2 Municipal powers in implementation of certain public projects
§ 11-7A-3 Restrictions on municipal financing of redevelopment and housing projects–Sourcesof funds used
§ 11-7A-4 Supplemental nature of powers
§ 11-7A-5 Short title of law
§ 11-7A-6 Municipal acquisition of federal housing projects–Sources of funds used
§ 11-7A-7 Approval required for municipal projects
§ 11-7A-8 Rebate of municipal property taxes to further housing goals

Terms Used In South Dakota Codified Laws > Title 11 > Chapter 7A - Municipal Powers in Aid of Housing and Development

  • Appraisal: A determination of property value.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2