Delaware Code (Titles 8, 9, 25, 30)
9 Del. C. § 3209
Agreements to pay revenue from taxes on tax increment into special fund
Official textdelcode.delaware.gov
A municipality, school district or other taxing body within the county which is not an issuer 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 § 3207 of this title. Such agreement shall be between the county council and the taxing body and shall run to the benefit of and be enforceable on behalf of any bondholder.
Amendment history
76 Del. Laws, c. 187, § 1
Source: view the official text
In this title (40 sections)
- 9-3003 · Land subdivision regulations
- 9-3004 · Content of land subdivision regulations
- 9-3005 · Issuance of building and occupancy permits [Repealed]
- 9-3006 · Selling before approval; penalty; civil suits
- 9-3007 · Recording unapproved plans; penalty
- 9-3008 · Improvements private until dedicated
- 9-3009 · Approved plan to be recorded
- 9-3010 · Schedule of fees
- 9-3011 · Effect of approved plan on official map
- 9-3012 · Notice to local school districts of residential subdivision…
- 9-3013 · Effect of open space acquisition
- 9-3101 · , 3102. Contributory funded pension program authorized;…
- 9-3201 · Title
- 9-3202 · Definitions
- 9-3203 · Bonds to finance development of industrial, commercial or…
- 9-3204 · Payment of bonds
- 9-3205 · Application of bond proceeds
- 9-3206 · Conditions precedent to issuance of bonds
- 9-3207 · Resolution creating special fund
- 9-3208 · Uses of special fund
- 9-3209 · Agreements to pay revenue from taxes on tax increment into…
- 9-3210 · Ordinance authorizing bonds
- 9-3211 · Exemption of bonds from taxation
- 9-3212 · Nature and incidents of bonds
- 9-3213 · Taxation of leased property in TIF District
- 9-3214 · TIF District consistency with certified comprehensive plan
- 9-3215 · Construction of chapter
- 9-3301 · Definitions
- 9-3302 · Special taxes authorized; purpose; requirements and…
- 9-3303 · Issuance and sale of bonds; section self-executing
- 9-3304 · Bonds payable from special fund; complementary powers of…
- 9-3305 · Actions necessary before issuing bonds
- 9-3306 · When no bonds outstanding
- 9-3307 · Adoption of ordinance to implement authority
- 9-3308 · Taxation of bonds
- 9-3309 · Bond form; signatures; maturity; manner of sale
- 9-3310 · Bonds issued are securities
- 9-3311 · Powers granted are supplemental to other laws
- 9-3312 · Construction of chapter
- 9-3313 · Special taxes on real property as alternative to ad valorem…