CHAPTER 343
AN ACT TO AMEND CHAPTER 121 VOLUME 28 LAWS OF DELAWARE ENTITLED "AN ACT CREATING A BOARD OF ASSESSMENT FOR THE CITY OF WILMINGTON AND PROVIDING THE MEANS AND METHOD BY WHICH SAID BOARD SHALL ASSESS PROPERTY THEREIN FOR THE PURPOSE OF RAISING REVENUE FOR CITY AND SCHOOL PURPOSES" RELATING TO EXEMPTION OF REAL ESTATE FROM TAXATION.
Be it enacted by the General Assembly of the State of Delaware (two-thirds of all the Members elected to each Branch thereof concurring therein):
Section 1. Section 7, Chapter 121, Volume 28, Laws of Delaware is hereby amended by adding thereto a new paragraph to read as follows:
The Board of Assessment shall receive all applications to have real property exempt from taxation for City and School purposes. The Board shall have exclusive power to exempt real property from taxation provided that the applicant complies with any and all Laws of the State of Delaware relative thereto.
Section 2. Any and all Laws of the State of Delaware which are inconsistent with the provisions of this Act are hereby repealed to the extent of such inconsistency.
Approved July 9, 1960.