SDCL 13-62-15 Lease of Buildings-Conditions

• Library: South Dakota Statutes
• Edition: 2023
• Currency: Current through the 2023 Legislative Session
• Year: 2023
• Citation: SDCL 13-62-15

The Board of Regents may lease for commercial purposes portions of School for the Deaf buildings that are no longer regularly and actively used by the School for the Deaf in the conduct of school's operations. The purposes, terms, and conditions of each lease shall be both economical and consistent with the stewardship of public property. The board may permit a lessee to undertake renovations on the following conditions:

(1) The construction is of comparable kind and quality as the original structure;

(2) The board has the right to prior review and approval of renovation designs and specifications that may affect shared building structural systems and related equipment and infrastructure;

(3) The lessee provides such as-built documentation as the board may require; and