SDCL § 11-9-8: Creation of district--Governing body resolution--Required findings.
Where this section sits in the code
- TITLE 11. PLANNING, ZONING AND HOUSING PROGRAMS
- CHAPTER 11-9. TAX INCREMENT FINANCING DISTRICTS
The resolution required by § 11-9-5 must contain the following findings:
(1) Not less than fifty percent, by area, of the real property within the district is a blighted area or not less than fifty percent, by area, of the real property within the district will stimulate and develop the general economic welfare and prosperity of the state through the promotion and advancement of industrial, commercial, manufacturing, agricultural, or natural resources development; and
(2) The improvement of the area is likely to significantly enhance the value of substantially all other real property in the district.
It is not necessary to identify the specific parcels meeting the criteria.
Collected 2026-09-03T15:18:56Z. Source file · JSON