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Irrigation District Contracts and Financing (South Dakota Codified Laws: Title 46A Water Management; Chapter 46A-6)

Country/Territory
United States of America
Territorial subdivision
South Dakota
Document type
Legislation
Date
2018
Source
FAO, FAOLEX
Subject
Water
Keyword
Irrigation Local government Procedural matters Governance Freshwater resources management Policy/planning Financing Contract/agreement Surface water Servitude Expropriation Water supply Waterworks Special fund
Geographical area
Americas, Arctic, East Pacific, North America, North Atlantic
Abstract

This chapter of South Dakota Codified Laws concerns irrigation district contracts and financing. Among others, it provides for the prohibition of unauthorized debts and liabilities; contracts for supply of water to irrigate lands, and source of supply; payment within one year of purchase price of water supply, and tax levy; contract to supply water to irrigate lands, payments extending more than one year, submission to voters for approval or disapproval, general or special election, notice, conduct of election, approval of contract by voters, and annual tax levy to pay amount due; eligibility to vote on water supply contract; drainage of land by district, special assessments and funds, surveys, eminent domain, and contract with United States; contract with United States for drainage of lands in district, and contract by board of directors for drainage of contiguous outside lands, assumption of cost and repayment to United States; submission of federal contract to voters at general or special election, notice, and approval by voters; supplemental or amendatory contracts with United States, and amount of principal indebtedness not increased; election and judicial confirmation not required for supplementary or amendatory contracts; prior supplemental contracts with United States validated; covenants and agreements to protect security and payment of bonds; bonds of district to be delivered to United States under reclamation contract, form, terms, and denominations; issuance of bond not necessary, and cost and expenses of property and works covered by contract between district and United States; payment of bonds and interest, and annual assessment upon real property of district; debt service fund, investment in federal or state bonds or certificates of deposit, deposits in banks within state; interest on due and unpaid interest coupons of bonds, election to authorize, form of ballots; interest on unpaid coupons, majority vote of electors, adoption declared by board, levy for capital projects fund, and stamping of coupons by county treasurer; contract with United States guaranteeing bonds of district or extending financial credit; compliance with federal and state laws, and rights of district to contract; special court proceeding to confirm contracts or assessments, procedure, partial approval, and curing of defects; confirmation of issue and sale of bonds by board of directors, judicial examination in special proceeding, approval or disapproval by circuit court; petition of board of directors for confirmation of issue and sale of bonds, filed in circuit court, and contents; claims against district; and annual audit of district when loan agreement in effect--Filing of copies.

Full text
English
Website
sdlegislature.gov