Title 22 — Municipalities
15 chapters · 131 sections in this title.
22 Del. C. § 1501. Findings and declaration of policy.
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§ 1501. Findings and declaration of policy. The General Assembly hereby finds and declares that: (1) Preserving and enhancing commercial enterprise in the traditional business centers of the cities and towns of Delaware are critical to the long-term financial well-being of the St…
22 Del. C. § 1502. Definitions.
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§ 1502. Definitions. (a) “Assessable property” means all property owned or used by a commercial enterprise which is located within a business improvement district (whether or not it is subject to a real property tax abatement) and which is not part of a class of property which is…
22 Del. C. § 1503. Establishment.
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§ 1503. Establishment. (a) The Mayor and Council or other governing body of any municipality of this State may create 1 or more business improvement districts comprising all or any portions of any area within such municipality which is either zoned for commercial use or predomina…
22 Del. C. § 1504. Creation and powers of the authority or management company.
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§ 1504. Creation and powers of the authority or management company. (a) The authority or management company authorized by ordinance to govern a district shall be created by the filing of a certificate of authority or incorporation with the Secretary of State, which certificate sh…
22 Del. C. § 1505. Method of assessment.
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§ 1505. Method of assessment. (a) The authority or management company shall assess each assessable property within the district by multiplying the total service and improvement cost as reflected in the adopted budget for each year (less any allocated surplus or estimated revenue …
22 Del. C. § 1506. Prohibitions.
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§ 1506. Prohibitions. (a) No authority or management company shall issue bonds or other forms of securities; nor shall any authority or management company pledge the full faith and credit of the municipality in which its district lies for the payment of its debts, or of the State…
22 Del. C. § 1507. Annual review by municipality.
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§ 1507. Annual review by municipality. Not less frequently than annually, the municipality shall review the performance of each authority or management company created by such municipality and shall prepare for public inspection a report which certifies that: (1) The authority or…