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2025 Delaware Code
Title 9 - Counties
Chapter 6. SUBURBAN PARKS AND RECREATION
Subchapter IV. County Bonds; Assessments and Costs
§ 651. Special sinking fund.
Universal Citation:
9 DE Code § 651 (2025)
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§ 651. Special sinking fund.
The county government shall promptly deposit all funds received from the receiver of taxes from the collection of the taxes levied pursuant to the provisions of § 654 of this title, in a special account, which shall be used for no other purpose than the retiring of the bonds and interest accruing thereon, and for maintaining and improving the parks or recreation areas of the suburban park community, and paying the necessary expenses of the suburban park community including all costs of supervision and recreational promotion.
9 Del. C. 1953, § 651; 49 Del. Laws, c. 112, § 1; 57 Del. Laws, c. 762, § 4B;
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