AN ACT TO AMEND CHAPTER 196, VOLUME 22, PART ONE, LAWS OF DELAWARE, BEING AN ACT ESTABLISHING A BOARD OF PUBLIC WORKS FOR THE TOWN OF LEWES AND DEFINING ITS POWERS, BY REPEALING SENATE BILL NO. 213, WHICH WAS PASSED BY 118TH GENERAL ASSEMBLY AND APPROVED BY THE GOVERNOR ON MAY 5, 1955, AND BY GRANTING TO THE SAID BOARD THE AUTHORITY TO MAKE CERTAIN ADDITIONS AND IMPROVEMENTS TO THE MUNICIPAL ELECTRIC LIGHT PLANT AND DISTRIBUTION SYSTEM AND TO THE WATER PUMPING AND DISTRIBUTION FACILITIES, ON CREDIT, PLEDGING THE REVENUES FROM THOSE TWO UTILITIES FOR THE PAYMENT OF THE COST THEREOF.
Be it enacted by the General Assembly of the State of Delaware (two-thirds of the Members of each Branch thereof concurring therein):
Section 1. That Senate Bill No. 213, passed by the 118th General Assembly and approved by the Governor on May 5, 1955, be, and it is hereby, repealed.
Section 2. That Section "3" of Chapter 196, Volume 22, Laws of Delaware, as amended, be, and the same is hereby, further amended, by adding at the end of the aforesaid amended section the following language:
3 (d). The said Board of Public Works is hereby authorized and empowered at any time in the years 1955 and 1956, but not thereafter, to purchase such land, machinery, and equipment, and to employ such engineering or other professional services, as it deems necessary for the maintenance, replacement, enlargement, alteration, repair, or improvement of the municipal electric light and power plant, and the municipal water pumping, purifying, treating and distribution facilities, at Lewes, and to cause the same to be properly installed, paying
for all professional services necessarily required in such project, and paying for all materials and labor required for the aforesaid project, either out of monies on hand, or monies to be raised by the sale of the revenue certificates hereinafter provided for, or partly out of funds on hand and partly by means of revenue certificates.
3 (e). The maximum amount of indebtedness to be incurred in connection with the special projects hereinabove provided for in '3(d)' is Ninety Thousand ($90,000.00) Dollars. A sum up to the said maximum amount may be raised by the sale of revenue certificates in such form and denominations as the Board of Public Works may find appropriate, giving to the holders of the said certificates the right to resort to the net revenues from the municipal water works and municipal electric light plant, or either of them, but the said revenue certificates shall not constitute a pledge of the faith and credit of the municipality nor be deemed a general obligation.
3 (f). Any of the steps authorized in 3 (d) and 3 (e) above which may have been taken in advance of the enactment of this law are hereby ratified.
Approved July 14, 1955.