SENATE BILL NO. 21
AN ACT PROVIDING FOR THE CONVEYANCE OF CERTAIN LANDS BY THE BOARD OF EDUCATION OF THE NEWARK SCHOOL DISTRICT TO THE DELAWARE ACADEMY OF SCIENCE, INC., FOR EDUCATIONAL PURPOSES.
Be it enacted by the General Assembly of the State of Delaware (three-fourths of all the members elected to each House thereof concurring therein):
Section 1. In accordance with Section 4520, Title 7, Delaware Code, the Board of Education of the Newark School District is hereby authorized to convey to the Delaware Academy of Science, Inc., approximately 2.06 acres of land and improvements formerly known as the Iron Hill District situate in Pencader Hundred, New Castle County, Delaware described in accordance with that survey made by C. C. Tarburton on January 2, 1923 and also of record as R45-521 in Deed Record K, Volume 23, Page 216 with the following deed stipulations:
(a) That said property be used solely for educational purposes;
(b) That said property cannot be subsequently sold, leased, or transferred to any other corporation, group or individual without further legislative approval;
(c) That the exterior and any addition thereto to said property shall retain its present design in order to preserve its historic value; and
(d) That said property shall revert to the Board of Education of the Newark School District in the event the Delaware Academy of Science, Inc. ceases to exist; or for violation of the provisions of (a), (b), or (c) above.
Section 2. The effective date of this Act shall be July 1, 1973.
Approved April 6, 1973.