The county government shall promptly deposit all funds received from the receiver of taxes and county treasurer from the collection of the special assessment or levy in a special sinking fund account, which shall be used for no other purpose than the retiring of the bonds and interest accruing thereon.
Structure Delaware Code
Chapter 5. SUBURBAN COMMUNITY IMPROVEMENTS
Subchapter II. Fire Hydrants and Water Mains
§ 553. Petition to county government for improvements; who may petition; contents.
§ 554. Determination by county government after receipt of petition.
§ 555. Review and approval of data by county engineer.
§ 556. Election to authorize bond issue; fixing time for holding; voting list.
§ 557. Notice of election; contents of notice.
§ 558. Place, time and manner of voting; judge of election.
§ 559. Persons qualified to vote.
§ 560. Certification of result of election; retention of ballots.
§ 561. Notification to county engineer if bond issue authorized.
§ 563. Preparation, form and execution of bonds.
§ 564. Sale of bonds; proceeds of sale; advertising required.
§ 565. Requirements for bidding on bonds.
§ 566. Rejection and acceptance of bids; opinion required.
§ 567. Contracts for improvements; procedure for awarding; terms.
§ 570. Assessment on real property in suburban community; time for making and basis.
§ 571. Determination of portion of total assessment payable annually; special lien; payment.
§ 572. Lien book; preparation and distribution.
§ 573. Notice of assessment; when to be given; contents; interest on delinquent installments.
§ 574. Record of lien on books of board of assessment.
§ 575. Receipt and disposition of assessments; bond.
§ 576. Bill for annual installment of assessment; mailing.
§ 577. Collection of assessments in default; procedure; deficiencies.