Delaware Code (Titles 8, 9, 25, 30)
9 Del. C. § 651
Special sinking fund
Official textdelcode.delaware.gov
The county government shall promptly deposit all funds received from the receiver of taxes from the collection of the taxes levied pursuant to the provisions of § 654 of this title, in a special account, which shall be used for no other purpose than the retiring of the bonds and interest accruing thereon, and for maintaining and improving the parks or recreation areas of the suburban park community, and paying the necessary expenses of the suburban park community including all costs of supervision and recreational promotion.
Amendment history
49 Del. Laws, c. 112, § 1; 57 Del. Laws, c. 762, § 4B
Source: view the official text
In this title (40 sections)
- 9-603 · Tax exemption of parks and recreation areas
- 9-604 · Application of chapter
- 9-610 · Creation; membership; terms; qualifications; vacancy
- 9-611 · Organization; officers
- 9-612 · Powers and duties
- 9-613 · Compensation; expenses
- 9-614 · Rules and regulations
- 9-615 · Office space
- 9-616 · Limitation upon authority
- 9-625 · Petition to county government; who may petition; contents
- 9-626 · Study of suburban park community plan by commission; hearings;…
- 9-627 · Determination of status by county government
- 9-628 · Preparation of survey, plans, specifications and estimates
- 9-629 · Limitation on cost of park and improvements
- 9-630 · Election to approve suburban park community and authorize bond…
- 9-631 · Notice of election
- 9-632 · Place of holding election; times; manner of voting
- 9-633 · Tabulating votes; certificate of result
- 9-634 · Formation of suburban park community by county government
- 9-650 · Bonds; power of county government to issue; terms
- 9-651 · Special sinking fund
- 9-652 · Cancellation of bonds
- 9-653 · Payment and retirement of bonds
- 9-654 · Assessment
- 9-655 · Costs of parks, improvements and maintenance
- 9-670 · Acquisition of land for parks; title and ownership; gifts
- 9-671 · Contracts for improvements; competitive bids
- 9-672 · Awarding of contracts; procedure
- 9-673 · Supervision by commission; duty to maintain; payment…
- 9-680 · Revision of established suburban park community; expansion and…
- 9-701 · Purpose
- 9-702 · Definitions
- 9-703 · Tax exemption of parks and recreation areas
- 9-710 · Petition to form district
- 9-711 · Filing of petition
- 9-712 · Calling election; appointment of election officials
- 9-713 · Form of ballot
- 9-714 · Canvass of returns
- 9-715 · When district organized
- 9-716 · First election nominations