Del. Code tit. 9 § 2805

Current through 2024 Legislative Session Act Chapter 494

Section 2805 - Payment of bonds; faith and credit of County; tax levy

The faith and credit of the County are pledged to the payment of any bonds issued under this chapter. The County Council shall, annually, appropriate to the payment of such bonds and the interest thereon the amounts required to pay such bonds and interest as the same becomes due and payable. Notwithstanding the provisions of any other law, the County Council may levy an ad valorem tax, without limitation as to the rate or amount upon all property taxable by the County to raise the moneys necessary to meet any such appropriation.

9 Del. C. § 2805

9 Del. C. 1953, § 2805; 54 Del. Laws, c. 233; 71 Del. Laws, c. 401, § 15.;