CHAPTER 114

NEWARK

AN ACT TO AMEND AN ACT ENTITLED "AN ACT CHANGING THE NAME OF THE 'TOWN OF NEWARK' TO THE `CITY OF NEWARK' AND ESTABLISHING A CHARTER THEREFOR" BY CLARIFYING THE PROVISIONS FOR THE FISCAL YEAR AND THE TAX YEAR.

Be it enacted by the General Assembly of the State of Delaware (two-thirds of all Members elected to each House concurring therein):

Section 1. That Section 30, of Chapter 152 of Volume 48, Laws of Delaware, as amended, be and the same is hereby further amended by striking out the period at the end of the last sentence of said section and by adding to said sentence the words:

"but not the tax year."

Section 2. That Section 31, of Chapter 152 of Volume 48, Laws of Delaware, as amended, be and the same is hereby further amended by striking out all of the last paragraph of said section and by inserting in lieu thereof the following new paragraph:

The budget for the current fiscal year and the tax rate for the ensuing tax year shall be established and adopted by the Council not later than February 28 of each year.

Section 3. That Section 34, of Chapter 152, Volume 48, Laws of Delaware, as amended, be and the same is hereby further amended by inserting between the first and second sentences of said section a new sentence as follows:

Said taxes shall be due and payable each year on the first day of July.

Section 4. That Section 46, of Chapter 152 of Volume 48, Laws of Delaware, as amended, be and the same is hereby further amended by striking out from the first sentence of the first

paragraph thereof the words "The Assessor shall annually make a true, just and impartial valuation and assessment" and by inserting in lieu thereof the words:

"The Assessor shall annually prepare an assessment roll"

Section 5. That Section 47, of Chapter 152 of Volume 48, Laws of Delaware, as amended, be and the same is hereby further amended by striking out from the first sentence thereof the words "beginning of the new fiscal year" and by inserting in lieu thereof the words:

"conclusion of the assessment appeals".

Section 6. That Section 47, of Chapter 152 of Volume 48, Laws of Delaware, as amended, be and the same is hereby further amended by striking out from the second paragraph thereof and repealing the words "in the calendar year in which assessed."

Approved May 27, 1957.