§ 1908. Formal review and termination of districts.
§ 1908. Formal review and termination of districts. (a) If a municipality (or a county in the case of an unincorporated area) fails to fulfill its obligations pursuant to § 1905 of this title or as otherwise set forth in this chapter, then the Office may recommend to the Committee that the district be placed […]
§ 1907. Amendments to district boundaries and incentives.
§ 1907. Amendments to district boundaries and incentives. A municipality or county may apply to the Office to amend the boundaries of the district or to amend 1 or more district incentives, provided that any revised incentive proposed by the municipality or county shall be equal or superior to the incentive for which the amendment […]
§ 1921. Qualifications for Downtown Development District Grants.
§ 1921. Qualifications for Downtown Development District Grants. (a) Subject to the limitations set forth in this subchapter, any qualified district investor making a qualified real property investment in a district shall be entitled to a grant in an amount up to 20% of the qualified real property investments made by such qualified district investor […]
§ 1922. Limitations and conditions.
§ 1922. Limitations and conditions. (a) The availability of Downtown Development District Grants in any given year shall be subject to appropriation by the General Assembly. (b) In addition to its other powers and responsibilities hereunder, DSHA is expressly authorized to establish such other limitations and conditions with respect to grants as may be necessary […]
§ 1923. Policies and procedures for allocation of Downtown Development District Grants.
§ 1923. Policies and procedures for allocation of Downtown Development District Grants. (a) Qualified district investors shall be eligible to receive DDD Grant provided for in this chapter to the extent that they apply for and are approved for grant allocations through DSHA. (b) The accuracy and validity of information on qualified real property investments […]
§ 1924. Administration.
§ 1924. Administration. (a) DSHA shall have the primary responsibility for administering the DDD Grant program. In connection therewith, DHSA’s powers and duties shall include but not be limited to the following: (1) Adopting such rules and procedures as may be necessary or desirable to effectuate the provisions of this chapter; (2) Administering, enforcing, and […]
§ 2001. Limitation of municipal taxing powers [For application of this section, see 79 Del. Laws, c. 382, § 2 and 80 Del. Laws, c. 140, § 3].
§ 2001. Limitation of municipal taxing powers [For application of this section, see 79 Del. Laws, c. 382, § 2 and 80 Del. Laws, c. 140, § 3]. (a) Every municipal corporation in this State, regardless of population, shall only have the power to impose, levy, assess, or collect a tax of any kind whatsoever […]
§ 1806. When no bonds or other obligations outstanding.
§ 1806. When no bonds or other obligations outstanding. (a) When no bonds are outstanding, the municipality may use money in the special fund for payment or reimbursement of debt service on other obligation that the municipality is obligated to pay under an agreement described in § 1802(b)(3) of this title. (b) When no bonds […]
§ 1905. Designation, renewal, and amendment of districts.
§ 1905. Designation, renewal, and amendment of districts. (a) No more than 15 districts shall be designated at any 1 time. Designation of the first 3 districts shall include 1 district in each county. (b) Districts shall be designated for an initial 10-year period. Upon recommendation of the Committee, the Governor may renew districts for […]
§ 1807. Adoption of ordinance to implement authority.
§ 1807. Adoption of ordinance to implement authority. (a) In order to implement the authority conferred upon it by this chapter to issue bonds, the governing body of the municipality shall adopt an ordinance that: (1) Specifies and describes the proposed undertaking and states that it has complied with § 1805 of this title; (2) […]