Railroad authority authorized to
acquire certain facilities owned by other railroads.
It being declared in the public interest, the South Dakota Railroad Authority,
pursuant to chapter 49-16B, may acquire, by any of the means permitted in chapter 49-16B,
property, real, personal, and mixed from the East Central Regional Railroad Authority, consisting
of easements, rights-of-way, trackage, bridges, rail lines, and spurs, located between mileposts
160.3 at Huron, South Dakota, and milepost 145.0 at Yale, South Dakota, inclusive, and certain
industrial trackage at Huron, South Dakota. The property acquired by the authority, and any
improvements thereto undertaken as provided in this Act, are declared to be projects within the
49-16B-10. Any property acquired by the authority pursuant to this Act may be
acquired subject to existing mortgages on or security interests in the property.
The authority may undertake, either directly or through a lessee or sublessee, the
improvements to the portion of the property described in section 1 of this Act as the authority may
deem to be necessary to cause the property to be suitable for the uses to be made of it.
Whereas, this Act is necessary for the immediate preservation of the public peace,
health, or safety, an emergency is hereby declared to exist, and this Act shall be in full force and
effect from and after its passage and approval.