§ 1803. Authority granted; section self-executing.

171 words·~1 min read·/de/title-22/chapter-18-special-development-districts/1803

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)In addition to other powers any municipality may have, and notwithstanding the provisions of any other public local law, or public general law, or the charter of any municipality, a municipality may borrow money by issuing and selling bonds, or impose ad valorem or special taxes under this chapter for any of the purposes stated in § 1802(b) of this title, if a request to the municipality is made by both:

(1)The owners of at least 2 / 3 of the assessed valuation of the real property located within the special development district; and

(2)At least 2 / 3 of the owners of the acreage located within the special development district, provided that:

a. Multiple owners of a single parcel are treated as a single owner; and

b. A single owner of multiple parcels is treated as 1 owner.

(b)This section is self-executing and does not require the municipality to enact legislation or, if applicable, to amend its charter to exercise the powers granted under this section.