CHAPTER 114 - VALUATION AND ASSESSMENT OF PROPERTY. PROPERTY OF THE TRUSTEES OF THE DELMAR LIONS CLUB, DELMAR, DEVOTED TO THE USE OF A PUBLIC PARK EXEMPTED FROM ASSESSMENT AND TAXATION
AN ACT TO AMEND CHAPTER 44, REVISED CODE OF DELAWARE, 1935 ENTITLED "VALUATION AND ASSESSMENT OF PROPERTY," AS AMENDED BY CHAPTER 118, VOLUME 41, LAWS OF DELAWARE, AND FURTHER AMENDED BY CHAPTER 119, VOLUME 41 LAWS OF DELAWARE; RELATING TO ASSESSABLE PROPERTY; EXCEPTIONS AND EXEMPTIONS; BY PROVIDING FOR EXEMPTION FROM ASSESSMENT AND TAXATION OF CERTAIN PROPERTY.
Be it enacted by the Senate and Home of Representatives of the State of Delaware in General Assembly met:
Section 1. That Chapter 44, Revised Code of Delaware, 1935, entitled "Valuation and Assessment of Property" as amended by Chapter 118, Volume 41, Laws of Delaware, as further amended by Chapter 119, Volume 41, Laws of Delaware, be and the same is hereby amended by adding a new paragraph at the end of Article 1, 1258. Sec. 1. as follows:
The lands, tenements, and property of the Trustees of the Delmar Lions Club located in the Town of Delmar and devoted to the use of a public park shall be exempt from all taxes, assessments, burdens or impositions for State, County and Municipal purposes, so long as the same continues to be devoted to a public use for the benefit of the citizens of Delmar.
Approved April 14, 1941.