CHAPTER 127

FORMERLY

SENATE BILL NO. 150

AS AMENDED BY HOUSE AMENDMENT NO. 2

AN ACT TO AMEND AN ACT ENTITLED "AN ACT TO INCORPORATE THE TOWN OF SLAUGHTER BEACH", 37 DELAWARE LAWS CHAPTER 167, AS AMENDED BY PROVIDING FOR THE CLOSING OF STREETS, VACATING OR ABANDONMENT OF STREETS (INCLUDING THE AWARD OF COMPENSATION THEREFORE), MUNICIPAL TAX LIENS, AND REVISING THE LIMITATIONS OF THE TOWN'S TAXING POWER.

BE IT ENACTED 13Y THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE (Two-thirds of all members elected to each House thereof concurring therein):

Section 1. Amend 37 Delaware Laws Chapter 167, as amended by inserting in Section 6 thereof ("Officers of the Town") at the end of the subsection captioned "Town Collector", the following:

The provisions of Title 9, Chapter 87 of the Delaware Code shall he deemed and held to apply to all taxes levied and imposed under the provisions of this Act except that the lien for taxes as provided in 58705 (b) of said Chapter 87 shall for purposes of Town taxes, remain a lien for a period of five years from the date the Town Council delivers the transcript of the assessment list to the tax collector for collection of taxes in accordance therewith.

Section 2. Amend Chapter 37 Delaware Laws Chapter 167 as amended by deleting the words "Ten 'thousand Dollars ($10,000.00)" as they appear In Section 7 thereof and substituting in place thereof the words "II sum of money equal to 2% of the total assessed value of all the real estate subject to taxation located within the municipal limits."

Section 3. This Act shall become effective on August 1, 1981.

Approved July 9, 1981.