CHAPTER 39

(HB 1130)

Surplus government property,
provisions related to the sale of the property revised.

         ENTITLED, An Act to  revise the provisions related to the sale of surplus governmental property.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:

     Section  1.  That § 6-13-5.2 be amended to read as follows:

     6-13-5.2.   In lieu of receiving sealed bids as required by this chapter, a school district , municipality, or county may sell real property at public auction or by listing the property with one or more licensed real estate brokers. The school board governing body may accept any offer for

purchase of real property provided the offer exceeds ninety percent of the appraised value of the real property as required by §   6-13-2. If a school board governing body sells real property by public auction or through a real estate broker, the school board governing body shall give notice of the sale of the real property as required by §   6-13-4.

     Signed February 23, 2002.

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