§ 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 […]
§ 1901. Purpose.
§ 1901. Purpose. Healthy and vibrant downtowns are critical components of Delaware’s economic well-being and quality of life. The purpose of this chapter is to leverage the resources of state government in a limited number of designated areas in Delaware’s cities, towns, and unincorporated areas in a multifaceted effort to: (1) Spur private capital investment […]
§ 1902. Definitions.
§ 1902. Definitions. As used in this chapter: (1) “Committee” means the Cabinet Committee on State Planning Issues established pursuant to § 9101 of Title 29. (2) “District plan” means the strategic plan or other detailed description of the overall strategy for the development of a proposed district submitted by the municipality or unincorporated area […]
§ 1804. Bond payable from special fund; complementary powers of governing body; proceeds.
§ 1804. Bond payable from special fund; complementary powers of governing body; proceeds. (a) Bonds shall be payable from the special fund required under § 1805 of this title. (b) If the governing body of the municipality issues bonds under this chapter, the governing body may also: (1) Establish sinking funds; (2) Establish debt service […]