There Is a Newer Version of the Delaware Code
2012 Delaware Code
Title 22 - Municipalities
CHAPTER 17. MUNICIPAL TAX INCREMENT FINANCING ACT
§ 1703. Bonds to finance development of industrial, commercial or residential area authorized.
22 DE Code § 1703 (2012 through 146th Gen Ass) What's This?
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 time, for the purpose of financing the development of an industrial, commercial or residential area.
74 Del. Laws, c. 145, § 1.;
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