CHAPTER 212

FORMERLY

SENATE BILL NO. 311

A BOND AND CAPITAL IMPROVEMENTS ACT OF THE STATE OF DELAWARE AND CERTAIN OF ITS AUTHORITIES AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS OF THE STATE AND HIGHWAY REVENUE BONDS OF THE DELAWARE TRANSPORTATION AUTHORITY; DEAUTHORLZING CERTAIN GENERAL OBLIGATION BONDS OF THE STATE AND CERTAIN AUTHORITY FOR GUARANTEED INDUSTRIAL REVENUE BONDS: REVERTING AND REPROGRAMMING CERTAIN SURPLUS FUNDS; APPROPRIATING CERTAIN GENERAL AND SPECIAL FUNDS OF THE STATE AND THE DELAWARE TRANSPORTATION AUTHORITY; AMENDING HOUSE BILL NO. 350 OF THE 133RD GENERAL ASSEMBLY (FY 1986 BUDGET BILL), AND SENATE BILL NO. 2 OF THE 133RD GENERAL ASSEMBLY; AUTHORIZING THE PURCHASE, TRANSFER, AND SALE OF CERTAIN REAL PROPERTIES BY THE STATE, CERTAIN OF ITS AUTHORITIES. AND NEW CASTLE COUNTY; CLARIFYING PROVISIONS PERTAINING TO THE DELAWARE ECONOMIC DEVELOPMENT AUTHORITY AND THE DELAWARE TRANSPORTATION AUTHORITY WITH RESPECT TO THE ISSUANCE AND ADMINISTRATION OF BONDS; ESTABLISHING PROCEDURES FOR THE INVESTMENT OF CERTAIN FUNDS; PLACING CERTAIN CONDITIONS ON THE APPROPRIATIONS CONTAINED IN THIS ACT AND PREVIOUS ACTS OF THE STATE; AND MAKING CERTAIN OTHER CHANGES TO THE DELAWARE CODE AND LAWS OF DELAWARE.

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

Approved September 6. 1985.