The faith and credit of the County are pledged to the payment of any bonds issued by the County under this chapter. The County Council shall annually appropriate to the payment of such bonds and the interest thereon the amounts required to pay such bonds and interest as the same become due and payable. Notwithstanding the provisions of any other law the County Council may levy an ad valorem tax, without limitation as to rate or amount, upon all property taxable by the County to raise the moneys necessary to meet any such appropriation.

48 Del. Laws, c. 61, § ?7; 9 Del. C. 1953, § ?2206; 55 Del. Laws, c. 85, § ?14; 71 Del. Laws, c. 401, § ?15;

Terms Used In Delaware Code Title 9 Sec. 2206

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • County: means New Castle County. See Delaware Code Title 9 Sec. 2201