Delaware Code (Titles 8, 9, 25, 30)
9 Del. C. § 4635
Period of usefulness
# (a)
The following maximum periods of usefulness are hereby prescribed for the respective projects authorized by this chapter, and the period of usefulness of any project, determined in any bond resolution shall, in no event, exceed the maximum period hereby prescribed for that project.
# (b)
The acquisition, construction or reconstruction of a sewage system or an addition thereto, whether or not including treatment or disposal plants or buildings, original furnishings, equipment, machinery or apparatus, or the replacement of such equipment, machinery or apparatus, is 40 years; the replacement or the later addition of furnishings is 10 years.
Amendment history
56 Del. Laws, c. 103, § 13
Source: view the official text
In this title (40 sections)
- 9-4615 · Expense of the improvement
- 9-4616 · Increase and improvement of facilities
- 9-4617 · Increase of maximum amount to be expended
- 9-4618 · Method of assessment
- 9-4619 · Extension of the district
- 9-4620 · Changes in zones of assessment
- 9-4621 · Order to connect to sewer; enforcement
- 9-4622 · Surveys and inspection by county government; penalty for…
- 9-4623 · Annexation
- 9-4624 · Dissolution and diminishing area of sewer districts
- 9-4625 · Exception to limitation on borrowing power
- 9-4626 · Power to incur indebtedness by issuing bonds and notes
- 9-4627 · Bond resolution vote required
- 9-4628 · Form and content of bond resolution
- 9-4629 · Procedure for passage of bond resolution
- 9-4630 · Effective date of bond resolution
- 9-4631 · Authorization of notes in anticipation of bonds
- 9-4632 · Other proceedings by resolution
- 9-4633 · Payment of bonds
- 9-4634 · Payment of installment
- 9-4635 · Period of usefulness
- 9-4636 · Consolidation of bond issues
- 9-4637 · Public sale of bonds
- 9-4638 · Contents of notice of sale — Generally
- 9-4639 · Contents of notice of sale — Award of bonds at single interest…
- 9-4640 · Contents of notice of sale — Multiple rate bidding
- 9-4641 · Contents of notice of sale — Deposit
- 9-4642 · Contents of notice of sale — Rejection of proposals
- 9-4643 · Proposals opened publicly
- 9-4644 · Private sale to public agencies
- 9-4645 · Form of bonds
- 9-4646 · Form of notes
- 9-4647 · Execution of bonds and notes
- 9-4648 · Bonds and notes redeemable prior to maturity
- 9-4649 · Interest rates
- 9-4650 · Application of proceeds
- 9-4651 · Bonds and notes negotiable
- 9-4652 · Reconversion of fully registered bonds
- 9-4653 · Reissuance of bonds or notes lost or destroyed
- 9-4654 · Reissuance of defaced or partially destroyed bonds or notes