The City of Springfield in Bon Homme County, South Dakota, will work closely with any person or organization seeking to establish industrial, commercial, or commercial residential development which benefits the City of Springfield. Springfield will aid any such person or organization to help accomplish that person’s or organization’s objectives. This Section grants a special tax classification to all new industrial, commercial, or commercial residential structures, or structure additions, which have an assessed value of thirty thousand dollars ($30,000) or more.
In order for the classification to take effect, such structures must be located within three (3) miles of Springfield’s corporate limits, or within city limits itself. A commercial residential structure shall contain four or more units to qualify for special tax classification. New agricultural structures, or additions to existing agricultural structures are not included for special tax classification
(Ord. 432, passed 6-4-1997)
Authority: SDCL 9-12-2. SDCL Ch. 10-6 (1996).