Delaware Statutes
§ 1709 — Agreements to pay revenue from taxes on tax increment into special fund
A county, which is not the issuing body, may pledge, by written agreement, that some or all of its property taxes levied on the tax increment shall also be paid into a special fund created pursuant to § 1707 of this title. Such agreements shall be between the governing bodies of a municipality and the county. They shall run to the benefit of and be enforceable on behalf of any bondholder.
Free access — add to your briefcase to read the full text and ask questions with AI
Delaware § 1709 (Agreements to pay revenue from taxes on tax increment into special fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
74 Del. Laws, c. 145, § 1