Delaware § 3203 Bonds to finance development of industrial, commercial or residential area authorized

Delaware Statutes

§ 3203 — Bonds to finance development of industrial, commercial or residential area authorized

Delaware·Title 9·Part New Castle County·Ch. 32 NEW CASTLE COUNTY TAX INCREMENT FINANCING ACT

In addition to whatever other powers it may have, and notwithstanding any limitation of law, the county may borrow money by issuing and selling bonds, at any time and from time to time, for the purpose of financing the development of an industrial, commercial or residential area. The issuance of general obligation bonds pursuant to this chapter shall comply with any debt limits otherwise applicable to the county.

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In addition to whatever other powers it may have, and notwithstanding any limitation of law, the county may borrow money by issuing and selling bonds, at any time and from time to time, for the purpose of financing the development of an industrial, commercial or residential area. The issuance of general obligation bonds pursuant to this chapter shall comply with any debt limits otherwise applicable to the county.

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