CHAPTER 63 - APPROPRIATION FOR PAYMENT OF CERTAIN SCHOOL BOND MATURITIES
AN ACT MAKING APPROPRIATIONS FOR THE PAYMENT OF CERTAIN SCHOOL BONDS MATURING DURING THE FISCAL YEAR BEGINNING JULY 1, 194i, AND ENDING JUNE 30, 1942.
Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:
Section 1. That there is hereby appropriated, out of the General Fund in the State Treasury not otherwise appropriated, the sum of One Hundred Eighty-three Thousand One Hundred Thirty-two Dollars ($183,132.00), or so much thereof as may be necessary, for the purpose of paying the principal of certain school bonds issued by certain of the School Districts and Special School Districts of this State, and maturing during the fiscal year beginning July 1, 1941, and ending June 30, 1942.
Section 2. The names of said School Districts and Special School Districts and the respective amounts of the bonds maturing said fiscal year, referred to in Section 1 of this Act, for which said monies are appropriated, are as follows:
|
Name of School District or
Special School District
|
Year of
Issue
|
Amount of Principal of
Bonds Maturing During Fiscal
Year Beginning July 1, 1941
and Ending June 30, 1942
|
New Castle County:
|
Alexis I. duPont
|
1938
|
$ 10,000.00
|
|
Arden No. 3
|
1924
|
500.00
|
|
Claymont
|
1922
|
11,000.00
|
|
Claymont
|
1928
|
4,000.00
|
|
Delaware City No. 52
|
1929
|
1,000.00
|
|
Eden No. 101
|
1934
|
500.00
|
|
Hockessin No. 29
|
1931
|
1,000.00
|
|
Marshallton No. 77
|
1931
|
1,000.00
|
|
Middletown No. 60
|
1928
|
2,832.00
|
|
Middletown No. 60
|
1939
|
3,000.00
|
|
Mt. Pleasant No. 2
|
1931
|
3,000.00
|
|
Newark
|
1922
|
6,000.00
|
|
New Castle
|
1928
|
2,000.00
|
|
Newport No. 21
|
1932
|
1,000.00
|
|
Oak Grove No. 130
|
1927
|
1,800.00
|
|
Odessa No. 61
|
1934
|
1,000.00
|
|
Richardson Park No. 20
|
1924
|
3,400.00
|
|
Rose Hill/Minquadale No. 47
|
1928
|
1,000.00
|
|
Stanton No. 38
|
1928
|
600.00
|
|
Townsend No. 81
|
1932
|
1,000.00
|
|
Yorklyn No. 91
|
1931
|
1,000.00
|
|
Total New Castle County
|
|
$ 56,632.00
|
|
Kent County:
|
|
|
|
Caesar Rodney
|
1916
|
$ 2,500.00
|
|
Caesar Rodney
|
1938
|
4,600.00
|
|
Clayton No. 118
|
1940
|
1,750.00
|
|
Clayton No. 119
|
1929
|
1,000.00
|
|
Dover
|
1923
|
8,000.00
|
|
Dover
|
1925
|
1,000.00
|
|
Dover
|
1938
|
10,000.00
|
|
Farmington No. 39
|
1928
|
300.00
|
|
Felton No. 54
|
1928
|
1,000.00
|
|
Frederica No. 32
|
1930
|
1,000.00
|
|
Harrington
|
1933
|
1,000.00
|
|
Kenton No. 9
|
1939
|
500.00
|
|
Leipsic No. 11
|
1928
|
200.00
|
|
Magnolia No. 50
|
1934
|
500.00
|
|
Smyrna
|
1929
|
2,500.00
|
|
Total Kent County
|
|
$ 35,850.00
|
Sussex County:
|
|
|
|
|
Bridgeville No. 90
|
1929
|
$ 2,000.00
|
|
Delmar No. 163
|
1927
|
1,000.00
|
|
Ellendale No. 125
|
1930
|
1,000.00
|
|
Greenwood No. 91
|
1930
|
1,000.00
|
|
John M. Clayton No. 97
|
1931
|
1,000.00
|
|
Laurel
|
1927
|
2,000.00
|
|
Laurel
|
1941
|
5,750.00
|
|
Lewes
|
1921
|
2,000.00
|
|
Lincoln *No. 3
|
1930
|
700.00
|
|
Lord Baltimore No. 28
|
1931
|
2,000.00
|
|
Millsboro No. 23
|
1931
|
1,000.00
|
|
Milton No. 8
|
1931
|
2,500.00
|
|
Rehoboth
|
1938
|
8,000.00
|
|
Roxana No. 31
|
1934
|
400.00
|
|
Seaford
|
1939
|
5,000.00
|
|
Seaford
|
1941
|
10,000.00
|
|
Sycamore No. 44
|
1934
|
300.00
|
|
Total Sussex County
|
|
$ 45,650.00
|
|
Wilmington
|
1915
|
$ 15,000.00
|
|
Wilmington
|
1924
|
30,000.00
|
|
Total Wilmington
|
|
$ 45,000.00
|
|
Total Redemption—School District Bonds
|
$ 183,132.00
|
Section 3. The State Treasurer is hereby authorized and directed to pay to the holders of bonds described in Section 2 hereof, the amounts due thereon when and as the same shall fall due within the fiscal year referred to, upon presentation to him of said bonds.
Section 4. No part of the monies hereby appropriated shall be used for the payment of any interest of any of said bonds, or for any purpose other than the payment of the principal, of the bonds listed and described in Section 2 of this Act.
Section 5. The several Boards of Education and other taxing bodies, if any, of the several School Districts and Special School Districts listed in Section 2 of this Act are hereby expressly relieved from the duty of levying and collecting any taxes for the purpose of paying during said fiscal year the principal amount of the said bonds listed and described in Section 2 of this Act; and no such tax shall be levied or collected during said fiscal year for the purpose of paying the principal of the bonds mentioned and described in said Section 2 during the fiscal year aforesaid, provided that nothing herein contained shall be construed as relieving said School Districts or Special School Districts of the payment of interest upon said bonds.
Approved April 18, 1941.