If the results of the election be for the resolution in aid of the library, the Kent County Levy Court shall borrow the amount specified in the resolution and for this purpose may issue a bond or bonds for the amount. Such bond or bonds shall be in such form and denomination, shall bear such date and be at such rate of interest without limitation which may be determined by resolution of the Kent County Levy Court and shall mature at such time or times as the Kent County Levy Court determines. Any bond issued shall be signed by the President of the Kent County Levy Court and attested by the Clerk of Peace, and shall be sealed with the county seal. The faith and credit of Kent County shall be deemed to be pledged by every bond issued under this subchapter.
Structure Delaware Code
Subchapter II. Method of Creating and Operating Library Systems in Kent County
§ 803. Authority to establish systems.
§ 804. Payment of costs of countywide library system.
§ 805. Library districts — Establishment; budget.
§ 806. Library districts — Tax rate.
§ 807. Library districts — Tax levy.
§ 808. Library districts — Delivery of duplicate assessment list.
§ 809. Library districts — Tax collection warrant.
§ 810. Library districts — Collection of library district taxes; lien on real property.
§ 811. General borrowing power.
§ 812. Adoption of resolution.
§ 813. Submission of resolution to voters.
§ 814. Notice of resolution; publication; form.
§ 817. Bonds — Issuance; form.
§ 818. Bonds — Payment of interest and principal; sinking fund.
§ 819. Bonds — Assumption of existing library district bonds.