Delaware Code
Subchapter II. Fire Hydrants and Water Mains
§ 579. Payment and retirement of bonds and interest.

Prior to the time of the retirement of the bonds, or any of them, or the time when interest shall become payable thereon, the county government shall make available sufficient funds in a state or national bank where the principal and interest are payable, to cover the retirement of such bonds or the payment of interest thereon.

Structure Delaware Code

Delaware Code

Title 9 - Counties

Chapter 5. SUBURBAN COMMUNITY IMPROVEMENTS

Subchapter II. Fire Hydrants and Water Mains

§ 551. Definitions.

§ 552. Bonds; power of county government to issue; terms of; faith and credit of county pledged to payment of bonds.

§ 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.

§ 562. Bonds; issuance of by county government; resolution authorizing issuance and fixing terms of; use of general funds in lieu of issuing bonds.

§ 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.

§ 568. Payment to contractor.

§ 569. Improvements incorporated into contractor's system; responsibility for maintenance; inspections of fire hydrants and connecting water mains; testing of fire-fighting equipment.

§ 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.

§ 578. Special sinking fund.

§ 579. Payment and retirement of bonds and interest.

§ 580. Cancellation of bonds.