FORMERLY SENATE BILL
NO. 530 AS AMENDED BY
SENATE AMENDMENT NO. 1
AND HOUSE AMENDMENT NO. 1
AN ACT TO AMEND SUBCHAPTER IV, .OF CHAPTER 51, TITLE 30, DELAWARE CODE RELATING TO STREET AID FOR MUNICIPALITIES BY INCREASING THE PURPOSES FOR WHICH THE FUNDS MAY BE EXPENDED.
Be it enacted by the General Assembly of the State of Delaware:
Section 1. Amend Section 5165 (a) (2), subchapter IV of Chapter 51, Title 30, Delaware Code, by striking all of said section 5165 (a) (2) and substituting in lieu thereof a new 5165 (a) (2) to read as follows:
(2) Funds available under Section 5163 (b) (2) of this title shall be used as follows:
(1) Not more than fifty (50) per cent of the funds received under Section 5163 (b) (2) of this Title may be used for:
(i) The construction, installation, repair, maintenance or replacement of water mains or sewer mains.
(ii) The preparation or revision of comprehensive plans for urban renewal.
() The payment of principal and interest on any bonds issued for the construction, installation, repair, maintenance or replacement of any water mains or sewer mains notwithstanding that such indebtedness may have been incurred prior to the passage of this Act.
(i) The construction or reconstruction or repair of sidewalks necessary for pedestrian safety.
(2) At least fifty (50) per cent of the funds received under Section 5163 (b) (2) of this Title shall be used for:
(i) Street improvements, including the expenses for maintaining the streets.
(ii) Payment of principal and interest on any bonds issued for street improvements.
() Purchase and repair of street construction and maintenance equipment.
Section 2. The effective date of this Act is January 1, 1972. Approved May 27, 1972.