CHAPTER 340

MILTON

AN ACT TO AMEND THE CHARTER OF THE "TOWN OF MILTON" AS ESTABLISHED BY CHAPTER 194, VOLUME 45, LAWS OF DELAWARE, BY INCREASING THE AMOUNT OF TAXES THAT MAY BE RAISED FOR MUNICIPAL PURPOSES.

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

Section 1. Section 26, subsection (36), Chapter 194, Volume 45, Laws of Delaware, establishing the Charter of the Town of Milton is amended by striking the following words and figures:

"Provided, that in no event shall the indebtedness of the Town, for any and all purposes, at any one time exceed in the aggregate twenty per centum (20%) of the assessed value of all real and personal property in the Town subject to assessment for the purpose of levying the annual tax hereinbefore mentioned."

and by substituting therefor the following words and figures:

"Provided, that in no event shall the indebtedness of the Town, for any and all purposes, at any one time exceed in the aggregate twenty-five per centum (25%) of the assessed value of all real and personal property in the Town subject to assessment for the purpose of levying the annual tax hereinbefore mentioned."

Section 2. All acts inconsistent herewith are hereby repealed.

Approved March 31, 1958.