§ 4314. Issuance of evidences of indebtedness; rights of creditors.
§ 4314. Issuance of evidences of indebtedness; rights of creditors. Subject to the restrictions set forth in this chapter, an authority may incur any indebtedness, issue any obligations and give any security therefor which it deems necessary or advisable in connection with any project undertaken by it under this chapter. Authorization for the issuance of […]
§ 4315. Supervision of projects by the DSHA.
§ 4315. Supervision of projects by the DSHA. Whenever any project of any agency, including public or private organizations or corporations, is financed in whole or in part by this State pursuant to Chapter 40 of this title, the Housing Director of DSHA may: (1) Order any agency undertaking or operating a project to make, […]
§ 4316. Material and labor contracts; bids.
§ 4316. Material and labor contracts; bids. All materials furnished to and all labor for an authority in excess of the probable cost of $500, except materials and labor used in the maintenance and operation of housing projects and employees directly under the authority, shall be supplied or done under contract made after competitive bids […]
§ 4317. Dissolution.
§ 4317. Dissolution. Whenever an authority desires to discontinue its operations, it shall make application to DSHA for permission to dissolve. Permission to dissolve shall be given only upon the showing, satisfactory to DSHA, that all projects undertaken by the authority have been completed or abandoned with the approval of DSHA, that provision satisfactory to […]
§ 4318. Tax exemption; payments in lieu of taxes.
§ 4318. Tax exemption; payments in lieu of taxes. The property of an authority is declared to be public property used for essential public purposes, and such property and an authority shall be exempt from all taxes and assessments of the city, the county, the State or any political subdivision thereof. In lieu of such […]
§ 4304. Wilmington Housing Authority.
§ 4304. Wilmington Housing Authority. The Wilmington Housing Authority shall consist of 9 commissioners, 7 of whom shall be appointed by the Mayor of the City of Wilmington, 1 of whom shall be appointed by the Governor and 1 of whom shall be appointed by the County Executive of New Castle County. Each commissioner shall […]
§ 4319. Exemption from execution sale.
§ 4319. Exemption from execution sale. All real property of an authority shall be exempt from levy and sale by virtue of an execution, and no execution or other judicial process shall issue against the same nor shall judgment against an authority be a charge or lien upon its real property. This section shall not […]
§ 4304A. Newark Housing Authority.
§ 4304A. Newark Housing Authority. The Newark Housing Authority shall consist of 7 commissioners, 4 of whom shall be appointed by the Mayor of the City of Newark, and 3 of whom shall be appointed by the Governor. Each commissioner shall serve for a term of 3 years unless replaced by an interim commissioner before […]
§ 4320. Form and sale of bonds.
§ 4320. Form and sale of bonds. Bonds, notes and certificates of indebtedness of an authority may be issued in 1 or more series, may bear such date or dates, may mature at such time or times from their respective dates, may bear interest at such rate or rates not in excess of 4% over […]
§ 4305. Interest of authority member or employee in projects.
§ 4305. Interest of authority member or employee in projects. No member or employee of an authority shall acquire any interest, direct or indirect, in a project or in any property then or thereafter included or planned to be included in a project, nor retain any interest direct or indirect in any property acquired subsequently […]