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Building Authority Bond Files, 1966 - 1976

 Series
Identifier: ACC 88-058:

Scope and Contents

Contains South Dakota Building Authority bond files for the years 1966-1976. All files concern the issuance of revenue bonds to finance the construction of buildings or facilities for the state college and university system and include correspondence, staff notes, copies of Building Authority statements on bond issues, bond certificates (specimen), South Dakota Board of Regents meeting minutes and resolutions, and an abstract of title for land in Brookings County. Also included are copies of a plaintiff’s brief, attorney’s correspondence, and a court opinion from Berven v. Board of Regents, a 1972 South Dakota Supreme Court case concerning the constitutionality of the Board of Regents Revenue Bond Act of 1971(Chapter 134 of 1971 Session Laws; SDCL 13-51A-44).

The South Dakota Building Authority was created and organized under Chapter 276 of the 1976 Session Laws (SDCL Chapter 5-12) in order to provide low cost financing for buildings owned by the State of South Dakota. Amounts issued by the Building Authority are not considered to be a debt of the State of South Dakota or any political subdivision thereof. Interest paid on the Building Authority’s tax-exempt bonds and notes is exempt from federal income taxation.

Dates

  • 1966 - 1976

Restrictions

Folder in Box 2 titled “Bonding Act - Court Test” contains attorney-client correspondence and is therefore restricted from public access per SDCL 19-13-2.

Extent

1 Cubic Feet (2 boxes)

Language of Materials

From the Fonds: English

Arrangement

Arranged alphabetically by file name.

Repository Details

Part of the South Dakota State Archives Repository

Contact:
900 Governors Dr
Pierre South Dakota 57501 USA
605-773-3804
605-773-6041 (Fax)