Delaware Statutes

§ 1803 — Authority granted; section self-executing

Delaware·Title 22·Ch. 18 SPECIAL DEVELOPMENT DISTRICTS
(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 chapter for any of the purposes stated in § 1802(b) of this title, if a request to the municipality is made by both:
(1)The owners of at least2/3of the assessed valuation of the real property located within the special development district; and
(2)At least2/3of the owners of the acreage located within the special development district, provided that: a. Multiple owners of a single parcel are treated as a single owner; and b. A single owner of multiple parcels is treated as 1 owner.
(b)This sec

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Legislative History

74 Del. Laws, c. 145, § 2 ; 81 Del. Laws, c. 22, § 3

Nearby Sections

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