§ 1810. Bonds issued are securities.
§ 1810. Bonds issued are securities. Bonds issued under this chapter are securities in which all public officers and public bodies of the State and its political subdivisions, all insurance companies, state banks and trust companies, national banking associations, savings banks, savings and loan associations, investment companies, executors, administrators, trustees and other fiduciaries may properly […]
§ 1811. Powers granted are supplemental to other laws.
§ 1811. Powers granted are supplemental to other laws. The powers granted under this chapter shall be regarded as supplemental and additional to powers conferred by other laws, and may not be regarded as in derogation of any powers now existing. 74 Del. Laws, c. 145, § 2;
§ 1812. Construction of chapter.
§ 1812. Construction of chapter. This chapter, being necessary for the welfare of the State and its residents, shall be liberally construed to effect the purpose stated in § 1802(b) of this title. 74 Del. Laws, c. 145, § 2;
§ 1813. Special taxes on real property as alternative to ad valorem taxes.
§ 1813. Special taxes on real property as alternative to ad valorem taxes. (a) As an alternative to levying ad valorem taxes under this chapter, the governing body of the municipality may levy special taxes on real property in a special development district to cover the cost of infrastructure improvements. (b) In determining the basis […]
§ 1802. Special taxes authorized; purpose; requirements and restrictions.
§ 1802. Special taxes authorized; purpose; requirements and restrictions. (a) (1) For any purpose stated in paragraph (b)(1) or (b)(2) of this section, any municipality may: a. Create a special development district; b. Levy ad valorem or special taxes; and c. Issue bonds and other obligations. (2) For any purpose stated in paragraph (b)(3) of […]
§ 1803. Authority granted; section self-executing.
§ 1803. Authority granted; section self-executing. (a) In addition to other powers any municipality may have, and notwithstanding the provisions of any other public local law, or public general law, or the charter of any municipality, a municipality may borrow money by issuing and selling bonds, or impose ad valorem or special taxes under this […]