HOUSE BILL NO. 326
AN ACT TO PERMIT THE DELMAR SCHOOL DISTRICT TO TRANSFER CERTAIN FUNDS FROM ITS DEBT SERVICE ACCOUNT TO ITS CAPITAL IMPROVEMENT ACCOUNT.
BE IT ENACTED BY THE GENERAL ASSEMBLY OP THE STATE OF DELAWARE:
Section 1. The Board of Education of the Delmar School District is authorized to transfer the sum of $49,000 from its Debt Service Account to its Capital Improvement Account. The sum herein transferred shall be used for certain contract construction projects.
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 July 5, 1979.