Loading chat...

DE SB110

Bill

Official Source

Status

Passed

7/8/2009

Primary Sponsor

Robert Marshall

Click for details

Origin

Senate

145th General Assembly

AI Summary

  • Amend Section 34 of the Town of Georgetown Charter to authorize borrowing up to $5,000,000 from Federal or State sources without referendum requirements
  • Allow borrowing only when interest rate is fixed at 0% and principal has 100% forgiveness upon successful project completion
  • Require Town Council to conduct public hearing and adopt resolution by majority vote approving the issuance, amount, purpose, and security terms
  • Apply all other existing Charter provisions to these bonds except paragraphs (3)-(8) of subsection (a) of Section 34
  • Enable Georgetown to access grant-funded projects without standard bonding restrictions while maintaining Town Council oversight

Legislative Description

An Act To Amend Title 16 Of The Delaware Code Relating To The Penalties For Failing To Report Suspected Child Abuse Or Neglect.

Last Action

Signed by Governor

7/8/2009

Committee Referrals

Judiciary6/17/2009
Judiciary6/4/2009

Full Bill Text

No bill text available