CHAPTER 48

APPROPRIATION

AN ACT AUTHORIZING THE STATE TREASURER TO TRANSFER THE FUND APPEARING IN THE DEBT SERVICE ACCOUNT TO THE CREDIT OF THE MILFORD SPECIAL SCHOOL DISTRICT TO THE CURRENT FUND OF THE MILFORD SPECIAL SCHOOL DISTRICT.

WHEREAS, there is the sum of Three Thousand Eight Hundred Ninety-six Dollars and Sixteen Cents in the Debt Service Account to the credit of the Milford Special School District which said sum has remained idle and dormant since July 1st, 1926 and represents a balance of the fund which was raised by local taxation by the Board of Education of the Milford Special School District for the purpose of taking care of the expiring bond issues of 1904 and 1905 with accrued interest thereon, and

WHEREAS, it is necessary to transfer such fund to the current fund of the Milford Special School District for the purpose of carrying on its program of improvement in the Milford Special School District; now 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 be and he is hereby authorized and directed to transfer the sum of Three Thousand Eight Hundred Ninety-six Dollars and Sixteen Cents ($3,896.16) presently in the Debt Service Account of the Milford Special School District to the current fund of said school district for use by the Board of Education of the Milford Special School District for improvements of school property in said district.

Approved April 20, 1939.