CHAPTER 120
AN ACT TO AMEND CHAPTER 345, VOLUME 52, LAWS OF DELAWARE, RELATING TO THE ENLARGEMENT AND IMPROVEMENT OF THE SYSTEM OF FREE PUBLIC SCHOOLS OF DELAWARE AND THE FINANCING OF THE SAME BY THE ISSUANCE OF BONDS OF THE STATE AND OF CERTAIN DISTRICTS, BY PROVIDING THAT CERTAIN SCHOOL DISTRICTS BE INCLUDED AND PERMITTED TO FINANCE CAPITAL IMPROVEMENTS THEREUNDER AND APPROPRIATING THE NECESSARY FUNDS.
Be it enacted by the General Assembly of the State of Delaware (three-fourths of all the Members elected to each Branch concurring therein):
Section 1. Section 13, Chapter 345, Volume 52, Laws of Delaware is amended by adding the following entry to the table contained therein:
Maximum Maximum Maximum
Names of District Total State Local
Cost Share Share
Georgetown Special $525,000 $315,000 $210,000
Magnolia #50 106,530 63,918 42,612
Section 2. Section 13, Chapter 345, Volume 52, Laws of Delaware, is further amended by changing the figures as they appear opposite Delmar #163 and substituting in lieu thereof the following figures:
Maximum Maximum Maximum
Names of District Total State Local
Cost Share Share
Delmar #163 $464,000 $278,000 $185,000
Section 3. Section 13, Chapter 345, Volume 52, Laws of Delaware is amended by changing the figures as they appear opposite Seaford Special and substituting in lieu thereof the following figures :
Maximum Maximum Maximum
Names of District Total State Local
Cost Share Share
Seaford Special $541,950 $325,170 $216,780
Section 4. Section 13, Chapter 345, Volume 52, Laws of Delaware is further amended by changing the figures as they appear opposite Dover Special and substituting in lieu thereof the following figures:
Maximum Maximum Maximum
Names of District Total State Local
Cost Share Share
Dover Special $3,822,445 $2,293,467 $1,528,978
Section 5. Chapter 345, Volume 52, Laws of Delaware, is further amended by changing the words and figures showing the totals, Maximum Total Cost, Maximum State Share, and Maximum Local Share in Section 13 and in other sections of said chapter to reflect the amounts of the authorization as provided in Sections 1, 2, 3 and 4 of this Act.
Approved June 23, 1961.