RELATING TO NEW CASTLE COUNTY AIRPORT
AN ACT AMENDING CHAPTER 295, VOLUME 46, 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 THE ACQUISITION OF LAND OR INTEREST THEREON FOR AIRPORT PURPOSES AND FOR CONSTRUCTION, MAINTENANCE AND OPERATION OF THE 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 295, Volume 46, Laws of Delaware, is amended by striking the words and figure "three per centum (3%)" appearing in the ninth line of Section 1, and substituting in lieu thereof the following: "five per centum (5%)."
Approved July 10, 1953.