Delaware Code (Titles 8, 9, 25, 30)
9 Del. C. § 4708
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 chapter.
Amendment history
56 Del. Laws, c. 103, § 14; 63 Del. Laws, c. 142, § 22; 70 Del. Laws, c. 186, § 1
Source: view the official text
In this title (40 sections)
- 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
- 9-4655 · Certain agreements forbidden
- 9-4656 · Payment of bonds and notes
- 9-4657 · Appropriation may include engineering and other costs
- 9-4658 · Validity of bonds not dependent on preliminary proceedings
- 9-4659 · Legal effect of debt statement
- 9-4660 · Short period of limitations
- 9-4661 · Construction of chapter with other laws
- 9-4701 · Acquisition of land; construction and operation of…
- 9-4702 · Acquisition of land by purchase
- 9-4703 · Powers of county government as to operation of plant;…
- 9-4704 · Power to borrow money and issue bonds
- 9-4705 · Terms of bonds
- 9-4706 · Execution and record of bonds
- 9-4707 · Sale of bonds
- 9-4708 · Principal and interest payments; taxes
- 9-4709 · Deposit and use of proceeds of sale of bonds
- 9-4720 · Definitions
- 9-4721 · Petition to establish garbage collection district
- 9-4722 · Public hearing
- 9-4723 · Creation of garbage collection district
- 9-4724 · Contracts for garbage collection authorized
- 9-4725 · Award of contracts
- 9-4726 · Levy and collection of garbage collection tax
- 9-4727 · Administration of funds
- 9-4728 · Annual rebidding on contracts [Repealed]
- 9-4729 · Continuation and termination of contracts; consolidation of…
- 9-4730 · Annual budgeting
- 9-4801 · Definitions
- 9-4802 · Regional Planning Commission and Regional Planning District;…
- 9-4803 · Regional Planning Commission
- 9-4804 · Office space and equipment
- 9-4805 · Secretary of Commission and other personnel
- 9-4806 · Assistance to Commission by County and City of Dover
- 9-4807 · Master plan of District