HOUSE BILL NO. 1049
AN ACT TO PROVIDE A SUPPLEMENTAL APPROPRIATION TO THE DIVISION OF ECONOMIC DEVELOPMENT OF THE DEPARTMENT OF COMMUNITY AFFAIRS AND ECONOMIC DEVELOPMENT FOR DEBT SERVICE ON CERTAIN INDUSTRIAL DEVELOPMENT BONDS.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. There is appropriated to the Division of Economic Development of the Department of Community Affairs and Economic Development the sum of $89,491 to pay debt service requirement for the fiscal year ending June 30, 1978, as follows:
Industrial Development Bonds - KEWA Metal Salt, Inc.
Debt Service - Principal $50,000
Debt Service - Interest 39,491
Section 2. The sum appropriated herein shall be considered a supplemental appropriation and shall be paid by the State
Treasurer from the General Fund monies not otherwise appropriated. Any funds remaining unexpended or unencumbered as of June 30, 1978, shall revert to the General Fund.
Approved June 15, 1978.