SENATE BILL NO. 228
AN ACT TO PERMIT THE CAPITAL SCHOOL DISTRICT TO TRANSFER CERTAIN FUNDS FROM ITS DEBT SERVICE ACCOUNT TO ITS CAPITAL IMPROVEMENT ACCOUNT.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. The Board of Education of the Capital School District is authorized to transfer the sum of $15,000 from its Debt Service Account to its Capital Improvement Account. The sum herein transferred shall be used to complete the construction of drainage, landscaping and exterior improvement projects in the Dover High School Renovation Project.
Section 2. Any funds transferred as provided herein and not expended for the purposes herein specified shall be redeposited in the Debt Service Account.
Approved June 30, 1977.