2016 Delaware Code
Title 22 - Municipalities
CHAPTER 18. SPECIAL DEVELOPMENT DISTRICTS
§ 1802. Special taxes authorized; purpose; requirements and restrictions.

(a) Subject to the provisions of this section, and for the purpose stated in subsection (b) of this section, any municipality may:

(1) Create a special development district;

(2) Levy ad valorem or special taxes; and

(3) Issue bonds and other obligations.

(b) The purpose of the authority granted under subsection (a) of this section is to provide financing, refinancing or reimbursement for:

(1) The cost of the design, construction, establishment, extension, alteration or acquisition of adequate storm drainage systems, sewers, water systems, roads, bridges, culverts, tunnels, streets, sidewalks, lighting, parking, parks and recreation facilities, libraries, schools, transit facilities, solid waste facilities and other infrastructure improvements as necessary, whether situated within the special development district or outside the special development district if the infrastructure improvement provides service or benefit to the property within the special development district, for the development and utilization of the land, each with respect to any defined geographic region within the municipality; and

(2) To pay costs associated with tax increment financing undertaken with respect to TIF Districts pursuant to Chapter 17 of this title.

74 Del. Laws, c. 145, § 2.;