6-4-1 Percentage of admission charge collected for fund--Restrictions on use of fund.
Percentage of admission charge collected for fund--Restrictions on use of fund.
county, municipality, or school district operating or maintaining, either jointly or severally, an
auditorium, coliseum, public gymnasium, or public community house, shall have the power to
establish a fund and may collect for such fund not exceeding ten percent of the admission charge
paid by each person, except such students or any other group or classification of persons which may
be specifically exempted therefrom by the governing body, for admission to such building for any
recreational, athletic, or educational activity, exhibition, or entertainment, whether conducted or
sponsored by any municipality or any person, firm, organization, or public or private corporation.
The money derived shall be kept separate from all other funds of the governmental subdivision and
shall be known as the auditorium building fund, and shall not be used for any other purpose except
the erection or remodeling of an auditorium, coliseum, public gymnasium, or public community
house, and for the acquisition of sites and equipment therefor.
Source: SL 1953, ch 488, § 1; SDC Supp 1960, § 65.0719.