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16 chapters · 184 sections in this title.
22 Del. C. § 1701. Title.
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§ 1701. Title. This chapter, consisting of §§ 1701-1713, shall be known as the “Municipal Tax Increment Financing Act.”74 Del. Laws, c. 145, § 1;
22 Del. C. § 1702. Definitions.
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§ 1702. Definitions. (a) In this chapter the following terms have the meanings indicated, unless the context clearly indicates another or different meaning or intent. (b) “Act” means the Municipal Tax Increment Financing Act. (c) “Adjusted assessed value” means: (1) For real prop…
22 Del. C. § 1703. Bonds to finance development of industrial, commercial or residential area authorized.
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§ 1703. Bonds to finance development of industrial, commercial or residential area authorized. In addition to whatever other powers it may have, and notwithstanding any limitation of law, any municipality may borrow money by issuing and selling bonds, at any time and from time to…
22 Del. C. § 1704. Payment of bonds.
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§ 1704. Payment of bonds. Bonds shall be payable from the special fund described in § 1706(3)b. of this title, and the governing body of the issuer may also pledge its full faith and credit or establish sinking funds, establish debt service reserve funds or pledge other assets an…