15 chapters · 131 sections in this title.
22 Del. C. § 501. Findings and declaration of policy.
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§ 501. Findings and declaration of policy. It is determined and declared as a matter of legislative finding that: (1) Residential decentralization in incorporated cities has been accompanied by an ever increasing trend in the number of persons entering the business sections by pr…
22 Del. C. § 502. Definitions.
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§ 502. Definitions. As used in this chapter, unless the context requires a different meaning: (1) “Authority” means a body politic and corporate created pursuant to this chapter. (2) “Board” means the governing body of the authority. (3) “Bonds” means and includes the notes, bond…
22 Del. C. § 503. Method of incorporation.
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§ 503. Method of incorporation. (a) Whenever the city council or other governing body of a city desires to organize an authority, under this chapter, it shall adopt an ordinance signifying its intention to do so. In the event that such ordinance sets forth the proposed articles o…
22 Del. C. § 504. Purpose and powers.
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§ 504. Purpose and powers. (a) The authority, incorporated under this chapter, shall constitute a public body corporate and politic, exercising public powers of the State as an agency thereof and shall be known as the parking authority of the city, but shall in no way be deemed t…
22 Del. C. § 505. Bonds.
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§ 505. Bonds. (a) The bonds of any authority referred to and authorized to be issued by this chapter shall be authorized by resolution of the board thereof, and shall be of such series, bear such date or dates, mature at such time or times not exceeding 40 years from their respec…
22 Del. C. § 506. Remedies of bondholders.
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§ 506. Remedies of bondholders. (a) The rights and the remedies conferred upon or granted to the bondholders in this section shall be in addition to and not in limitation of any rights and remedies lawfully granted to such bondholders by the resolution or resolutions providing fo…
22 Del. C. § 507. Governing body.
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§ 507. Governing body. (a) The powers of each authority shall be exercised by a board composed of not less than 5 nor more than 7 members, all of whom shall be residents or business owners within the city creating the authority. In municipalities with population greater than 50,0…
22 Del. C. § 508. Acquisition of lands; cost financing by municipality.
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§ 508. Acquisition of lands; cost financing by municipality. The authority may acquire by purchase or eminent domain proceedings either the fee or such rights, title, interest or easement in such lands as the authority deems necessary for any of the purposes mentioned in this cha…
22 Del. C. § 509. Moneys; examination of accounts.
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§ 509. Moneys; examination of accounts. All moneys of any authority, from whatever source derived, shall be paid to the treasurer of the authority. The moneys shall be deposited in the first instance by the treasurer in 1 or more banks or trust companies in 1 or more special acco…
22 Del. C. § 510. Contracts; competitive bidding.
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§ 510. Contracts; competitive bidding. (a) The procurement of material and the award of contracts for construction, repairs or work of any nature made by any authority shall be subject to Chapter 69 of Title 29. (b) No member of the Board of the Wilmington Parking Authority shall…
22 Del. C. § 511. Rules and regulations.
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§ 511. Rules and regulations. The use of the facilities of the authority and the operation of its business shall be subject to the rules and regulations from time to time adopted by the authority. The authority shall not do anything which will impair the security of the holders o…
22 Del. C. § 512. Continuation of powers.
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§ 512. Continuation of powers. The State hereby pledges to and agrees with any person, firm or corporation or federal agency subscribing to or acquiring the bonds to be issued by the authority for the construction, extension, improvement or enlargement of any project or part ther…
22 Del. C. § 513. Termination of authority.
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§ 513. Termination of authority. When any authority shall have finally paid and discharged all bonds, which, together with the interest due thereon, shall have been secured by a pledge of any of the revenues or receipts of a project, it may, subject to any agreements concerning t…
22 Del. C. § 514. Exemption from taxation; payments in lieu of taxes.
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§ 514. Exemption from taxation; payments in lieu of taxes. The effectuation of the authorized purposes of the authorities created under this chapter shall and will be in all respects for the benefit of the residents of incorporated cities for the increase of their commerce and pr…
22 Del. C. § 515. Transfer of existing facilities to authority.
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§ 515. Transfer of existing facilities to authority. (a) Any municipality or owner may sell, lease, lend, grant or convey to any authority any project or any part or parts thereof or any interest in real or personal property which may be used by the authority in the construction,…
22 Del. C. § 516. Indemnification.
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§ 516. Indemnification. (a) The Wilmington Parking Authority shall indemnify any member who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative, by reaso…