CHAPTER 277

FORMERLY

SENATE BILL NO. 253

AN ACT TO AMEND AN ACT, BEING CHAPTER 276, VOLUME 65, LAWS OF DELAWARE, AS AMENDED, ENTITLED "AN ACT TO REINCORPORATE THE TOWN OF GEORGETOWN" TO INCREASE THE INDEBTEDNESS LIMITATION OF THE TOWN COUNCIL OF THE TOWN OF GEORGETOWN.

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. Subsection (b), Section 34, Chapter 276, Volume 65, Laws of Delaware, as amended, be and the same is hereby amended by deleting the words "forty percent (40%)" as they appear in the second line of said subsection and by inserting therein instead the words "fifty percent (50%)".

Section 2. Paragraph 36, Subsection 1, Section 30, Chapter 276, Volume 65, Laws of Delaware, as amended, be and the same is hereby amended by deleting the words "forty percent (40%)" as they appear in the eighth line of said paragraph and by inserting therein instead the words "fifty percent (50%)".

Approved May 19, 1998