Del. Code tit. 31 § 4537

Current through 2024 Legislative Session Act Chapter 531

Section 4537 - Grant of funds by community

Any community located in whole or in part within the area of operation of an authority may grant funds to an authority for the purpose of aiding such authority in carrying out any of its powers and functions under this chapter. To obtain funds for this purpose, the community may levy taxes and may issue and sell its bonds. Any bonds to be issued by the community pursuant to the provisions of this section shall be issued in the manner and within the limitations prescribed by the laws of this State for the issuance and authorization of bonds by a community for any public purpose.

31 Del. C. § 4537

48 Del. Laws, c. 345, § 17; 31 Del. C. 1953, § 4537.;