Delaware Code (Titles 8, 9, 25, 30)
9 Del. C. § 4159
Principal and interest payments; taxes
# (a)
The principal of and interest on the bonds shall be payable when due and payable from money appropriated by Kent County.
# (b)
The county government 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 Receiver of Taxes and County Treasurer be set apart by him or her in a separate account to be opened for that purpose; and the Receiver of Taxes and County Treasurer shall apply the said sum annually to the payments of such part of said loan and interest thereon as may from time to time become due under the provisions of this subchapter.
Amendment history
57 Del. Laws, c. 748; 59 Del. Laws, c. 345, § 1; 63 Del. Laws, c. 142, § 20; 70 Del. Laws, c. 186, § 1
Source: view the official text
In this title (40 sections)
- 9-4122 · Investment powers
- 9-4123 · Department of Finance
- 9-4124 · Receiver of Taxes and County Treasurer functions
- 9-4125 · Board of Assessment Review
- 9-4131 · Fire companies
- 9-4132 · Kent County Volunteer Firemen’s Association
- 9-4133 · Ambulance service
- 9-4134 · Rescue service
- 9-4135 · Cities and towns; aid for maintenance of public dumping areas
- 9-4136 · Appropriations for community services
- 9-4137 · Appropriations for county records and assessments
- 9-4138 · Sewer authorization loans
- 9-4151 · Personnel Administration Board
- 9-4152 · Establishment by county government
- 9-4153 · Functions
- 9-4154 · Acquisition of land
- 9-4155 · Power to borrow money and issue bonds
- 9-4156 · Terms of bonds
- 9-4157 · Execution and record of bonds
- 9-4158 · Sale of bonds
- 9-4159 · Principal and interest payments; taxes
- 9-4160 · Deposit and use of proceeds of sale of bonds
- 9-4161 · Violations of rules and regulations
- 9-4301 · Short title [Repealed]
- 9-4302 · Definitions [Repealed]
- 9-4303 · Eligibility for retirement benefits; reduction because of…
- 9-4304 · Service in armed forces of the United States or in National…
- 9-4305 · Retirement age; early retirement; mandatory retirement…
- 9-4306 · Retirement pension benefits [Repealed]
- 9-4307 · Disability [Repealed]
- 9-4308 · Submission of pension data to county government for…
- 9-4309 · Pension benefits; time and manner of payment; list of…
- 9-4310 · Retirement of employee [Repealed]
- 9-4311 · Preservation of pension records by Receiver of Taxes and…
- 9-4312 · Arbitration Commission [Repealed]
- 9-4313 · Notice to employee of qualification for pension; resolution of…
- 9-4314 · Effect of receipt of pension or other benefits under other law…
- 9-4315 · Restrictions upon other employment by pensioner [Repealed]
- 9-4316 · Exemption of pension benefits from taxation, attachment;…
- 9-4317 · Funding [Repealed]