CHAPTER 185
HOUSING AUTHORITIES
AN ACT TO DECLARE VALID AND LEGAL THE CREATION, ESTABLISHMENT AND ORGANIZATION OF HOUSING AUTHORITIES, AND TO DECLARE VALID AND LEGAL AND TO APPROVE ALL BONDS, NOTES, AGREEMENTS, PAYMENTS TO PUBLIC BODIES IN THE STATE AND UNDERTAKINGS OF SUCH HOUSING AUTHORITIES, AND ALL PROCEEDINGS, ACTS AND THINGS UNDERTAKEN OR DONE WITH REFERENCE THERETO.
Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:
Section I. That the creation, establishment and organization of housing authorities under the provisions of the Housing Authority Law (Chapter 160 of the Revised Code of 1935, as amended), together with all proceedings, acts and things heretofore undertaken or done with reference thereto, are hereby validated and declared legal in all respects.
Section 2. That all agreements and undertakings of such housing authorities heretofore entered into relating to financing, or aiding in the development or operation of any housing projects, including (without limiting the generality of the foregoing) loan and annual contributions contracts, agency contracts and leases, agreements with municipalities or other public bodies (including those which are pledged or authorized to be pledged for the protection of the holders of any notes or bonds issued by such housing authorities or which are otherwise made a part of the contract with such holders of notes or bonds) relating to cooperation in aid of housing projects, furnishing of municipal services and facilities and the elimination of unsafe and insanitary dwellings and contracts for the construction of housing projects, together with all proceedings, acts and things heretofore undertaken or done with reference thereto, are hereby validated and declared legal in all respects.
Section 3. That all proceedings, acts and things heretofore undertaken or done in or for the authorization, issuance execution and delivery of notes and bonds by housing authorities for the purpose of financing or aiding in the development or construction of a housing project or projects are hereby validated and declared legal in all respects. Any payments to public bodies in the State heretofore made by a housing authority are hereby validated and declared legal in all respects, and a housing authority is hereby authorized to make payments to public bodies in the State in such amounts as it finds desirable, notwithstanding any statutory limitation on the amount of such payments. All notes and bonds heretofore issued by housing authorities are hereby validated and declared legal in all respects.
Section 4. That this Act shall become effective from and after its passage and approval by the Governor.