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DE HB66

Bill

Official Source

Status

Passed

6/24/2015

Primary Sponsor

Peter Schwartzkopf

Click for details

Origin

House of Representatives

148th General Assembly

AI Summary

  • Amends Section 29a.36 of the City of Rehoboth Beach Charter to replace the indebtedness limit based on a percentage of assessed real estate value with a fixed dollar amount of $75,000,000.

  • Amends Section 40q of the City of Rehoboth Beach Charter to increase the aggregate indebtedness limit from $50,000,000 to $75,000,000.

  • Sets the maximum total indebtedness that the City of Rehoboth Beach can authorize at any one time to $75,000,000 across both charter sections.

Legislative Description

An Act To Amend The Charter Of The City Of Rehoboth Beach Relating To The Authorized Amount Of Total Indebtedness.

Last Action

Signed by Governor

6/24/2015

Committee Referrals

Community/County Affairs4/2/2015
Administration3/25/2015

Full Bill Text

No bill text available