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    • Legislation USA
    • Delaware Code
    • Title 9 - Counties
    • Chapter 54. KENT COUNTY TAX INCREMENT FINANCING ACT
    • § 5404. Payment of bonds.

    Delaware Code
    Chapter 54. KENT COUNTY TAX INCREMENT FINANCING ACT
    § 5404. Payment of bonds.

    Bonds shall be payable from the special fund described in this chapter, and the Levy Court may also establish sinking funds, establish debt service reserve funds, or pledge other assets and revenues towards the payment of the principal, premium, if any, and interest, including special taxes levied and collected pursuant to Chapter 55 of this title.

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    Structure Delaware Code

    Delaware Code

    Title 9 - Counties

    Chapter 54. KENT COUNTY TAX INCREMENT FINANCING ACT

    § 5401. Title.

    § 5402. Definitions.

    § 5403. Bonds to finance development of industrial, commercial, or residential area authorized.

    § 5404. Payment of bonds.

    § 5405. Application of bond proceeds.

    § 5406. Conditions precedent to issuance of bonds.

    § 5407. Resolution creating special fund.

    § 5408. Uses of special fund.

    § 5409. Pledge of revenue from taxes on tax increment into other fund.

    § 5410. Agreements to pay revenue from taxes on tax increment into special fund.

    § 5411. Ordinance authorizing bonds.

    § 5412. Exemption of bonds from taxation.

    § 5413. Nature and incidents of bonds.

    § 5414. Taxation of leased property in TIF District.

    § 5415. TIF District consistency with certified comprehensive plan.

    § 5416. Referendum.

    § 5417. Construction of chapter.

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