Del. Code tit. 9 § 5407

Current through 2024 Legislative Session Act Chapter 269
Section 5407 - Resolution creating special fund

The Levy Court may adopt a resolution creating a special fund with respect to a TIF District, even though no bonds authorized by this chapter have been issued by the county with respect to that TIF District or are then outstanding. The taxes allocated to such special fund by § 5406(3)b. or c. of this title shall thereafter be paid over to such special fund as long as such resolution remains in effect.

9 Del. C. § 5407

Added by Laws 2017, ch. 25,s 1, eff. 5/30/2017.