RELATING TO LEVY COURT OF NEW CASTLE COUNTY
AN ACT AMENDING CHAPTER 245, VOLUME 47, LAWS OF DELAWARE, ENTITLED "AN ACT TO AUTHORIZE THE LEVY COURT OF NEW CASTLE COUNTY TO BORROW A SUM NOT IN EXCESS OF ONE MILLION DOLLARS ($1,000,000.00) AND TO ISSUE BONDS THEREFOR, THE SAID SUM TO BE EXPENDED FOR CONSTRUCTION, MAINTENANCE AND OPERATION OF NEW CASTLE COUNTY AIRPORT" BY CHANGING THE MAXIMUM RATE OF INTEREST ON THE BONDS.
Be it enacted by the General Assembly of the State of Delaware:
Section 1. Chapter 245, Volume 47, Laws of Delaware, is amended by striking the words and figure "three per centum (3%)" appearing in the eighth line of Section 1, and substituting in lieu thereof the following: "five per centum (5%)."
Approved July 8, 1953.