CHAPTER 7

FORMERLY

HOUSE BILL NO. 106

AS AMENDED BY HOUSE AMENDMENT NO. 1

AN ACT TO VALIDATE THE ACTS DONE AND PROCEEDINGS TAKEN BY THE TOWN OF BLADES, A MUNICIPAL CORPORATION, AND BY ITS OFFICERS AND AGENTS IN RELATION TO THE ISSUANCE OF THE "TWO HUNDRED ELEVEN THOUSAND DOLLARS ($211,000.00) BLADES WATER ISSUE OF 1981" AND TO LEGALIZE AND VALIDATE SAID BONDS AND TO PROVIDE FOR THE PAYMENT OF SAID BONDS.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE (Two-thirds of all members elected to each House thereof concurring therein):

Section 1. All acts done and proceedings taken by the Town of Blades, a municipal corporation of the State of Delaware, and by its officers and agents in relation to the issuance of bonds of said Town which are designated as "Two Hundred Eleven Thousand Dollars ($211,000.00) Blades Bond Issue of 1981" and are 3f the aggregate principal amount not to exceed Two Hundred Eleven Thousand Dollars ($211,000.00), and are to be dated on the date of delivery, are hereby legalized and validated; and said bonds are hereby legalized and validated and declared to be general obligations of said Town, notwithstanding any defect or irregularity in the advertising or the giving of notice concerning the Special Election held on July 7, 1980. For the payment of the principal of and interest on said bonds, as such principal and interest shall become Iuc, the Town of Blades shall have the power to levy taxes upon all taxable property in the Town of Blades it such rate and in such amount as may be necessary to pay the principal of and interest on said bonds.

Approved March 25,1981.