CHAPTER 61 - TRANSFER OF CERTAIN MONEY TO CURRENT FUND OF THE ROSE HILL AND MINQUADALE SCHOOL DISTRICT NO. 47
AN ACT TO AUTHORIZE AND DIRECT THE STATE TREASURER TO TRANSFER TO THE CURRENT FUND OF THE ROSE HILL AND MINQUADALE SCHOOL DISTRICT, NO. 47, THE SUM OF FIVE HUNDRED DOLLARS APPEARING IN THE STATE TREASURY AS THE DEBT SERVICE ACCOUNT TO THE CREDIT OF THE SAID SCHOOL DISTRICT NO. 47.
WHEREAS, the sum allotted to the Rose Hill and Minquadale School District No. 47 by the State Board of Education for maintenance and upkeep has proven insufficient to meet the expense of properly maintaining the two schools in the district; and
WHEREAS, insufficient funds exist to complete alterations in the water system of the Rose Hill School to provide hot water for the shower rooms; and
WHEREAS, the Rose Hill and Minquadale School District No. 47 has over a period of years accumulated a substantial surplus in its Debt Service Account, more than sufficient to meet its needs in that account, and
WHEREAS, the Board of Trustees of the Rose Hill and Minquadale School District No. 47 hereby petitions the General Assembly to authorize transfer of Five Hundred Dollars from the Debt Service Account to the Current Maintenance Account of the said School District, therefore
Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:
Section 1. That the State Treasurer of the State of Delaware be and hereby is authorized to transfer the sum of Five Hundred Dollars from the Debt Service Account of Rose Hill and Minquadale School No. 47 to the Current Maintenance Account of the Rose Hill and Minquadale School District No. 47 to be used to complete alterations in the water system of Rose Hill School and maintaining the two schools in the said District.
Approved April 14, 1941.