CHAPTER 295

FORMERLY

SENATE BILL NO. 596

AN ACT TO PERMIT THE CAPITAL SCHOOL DISTRICT TO TRANSFER CERTAIN FUNDS FROM ITS DEBT SERVICE ACCOUNT TO ITS OPERATING 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 $80,000 from its Debt Service Account to its Operating Account. The sum herein transferred shall be used for site improvements and renovations at the Central Middle School and William Henry Middle School.

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 May 26, 1978.