Delaware Code (Titles 8, 9, 25, 30)
9 Del. C. § 2408
Principal and interest payments; taxes
# (a)
The principal of and interest on the bonds shall be payable when due and payable from money appropriated from time to time by New Castle County.
# (b)
The County Council in fixing the rate of taxation shall annually provide for a sum equal to the amount of such bonds in addition to the amount necessary to pay the interest upon the unpaid bonds as before provided, which shall, when collected and paid to the Department of Finance be set apart by it in a separate account to be opened for that purpose; and the Department of Finance shall apply the said sum annually to the payment of such part of said loan and interest thereon as may from time to time become due under this chapter.
Amendment history
48 Del. Laws, c. 377, § 8; 55 Del. Laws, c. 85, §§ 16A-16C; 63 Del. Laws, c. 142, § 18; 71 Del. Laws, c. 401, § 15
Source: view the official text
In this title (40 sections)
- 9-2309 · Construction or maintenance of sewers for cities or towns
- 9-2310 · Adjustment of assessment for cost of existing sewers included…
- 9-2311 · Bonds; power to issue; terms; authority of County Executive
- 9-2312 · Notice of sale of bonds
- 9-2313 · Deposit accompanying bids
- 9-2314 · Sale of bonds; opinion of County Attorney
- 9-2315 · Preparation, form and execution of bonds
- 9-2316 · Annual assessment; procedure for fixing amount
- 9-2317 · Collection of assessments
- 9-2318 · Rules and regulations governing use of sewage disposal…
- 9-2319 · Grants or loans from federal, state or interstate agencies
- 9-2320 · Validation of prior acts and proceedings
- 9-2321 · Order to connect to sanitary sewer; enforcement
- 9-2401 · Acquisition of land generally; construction and operation of…
- 9-2402 · Acquisition by purchase or eminent domain; condemnation…
- 9-2403 · Powers of County Council as to operation of plant; regulations…
- 9-2404 · Power to borrow money and issue bonds; interest rates
- 9-2405 · Terms of bonds
- 9-2406 · Execution and record of bonds
- 9-2407 · Sale of bonds
- 9-2408 · Principal and interest payments; taxes
- 9-2409 · Deposit and use of proceeds of sale of bonds; liability of…
- 9-2410 · Exemption of bonds from taxation
- 9-2411 · Definitions
- 9-2501 · Definitions
- 9-2502 · Promulgation of building code
- 9-2503 · Existing building; application to
- 9-2504 · Registration and testing of contractors
- 9-2505 · Fees
- 9-2506 · Department of Land Use; administration and enforcement
- 9-2507 · Inspections and certifications of compliance
- 9-2508 · Records
- 9-2509 · Construction of buildings, structures and equipment; use and…
- 9-2510 · Application for permits
- 9-2511 · Use and maintenance of building or structure erected in…
- 9-2512 · Violation of regulations or chapter; notices and orders
- 9-2513 · Penalties
- 9-2514 · Abatement proceedings
- 9-2515 · Exceptions
- 9-2601 · Power of County Council; area subject to regulation