VALUATION AND ASSESSMENT OF PROPERTY
AN ACT to amend Chapters 43 and 44 of the Revised Code of the State of Delaware in relation to the Board of 'Assessors of New Castle County.
Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:
Section 1. That Chapter 44 of the Revised Code of the State of Delaware be amended by the addition of a new Section to be known as 1128 C. Section 31 C.
1128 C. Section 31 C. It shall be the duty of the contractor or builder erecting any new building or buildings, or making any repairs, alterations or improvements to any old building or buildings located in New Castle County outside of the City of Wilmington, which shall exceed in cost the sum of One Hundred Dollars, to file within thirty days from the date of the beginning of operations, a detailed description and estimated cost of such improvements with the Board of Assessment of New Castle County.
Section 2. That Chapter 44 of the Revised Code of the State of Delaware be amended by the addition of a new Section to be known as 1108 C. Section 11 C.
1108 C. Section 11 C. It shall be the duty of the Trustees of the various school districts of New Castle County outside of the City of Wilmington, upon request of the Board of Assessment of New Castle County, to furnish a complete list for the respective school districts, of all persons, who have arrived at twenty-one years of age since the preceding assessment, or who have become residents in the County and the names of those who have moved from the County since the preceding assessment. The trustees so reporting shall receive as compensation the sum of Ten Cents for each name reported.
Section 3. That Chapter 44 of the Revised Code be amended by repealing Paragraph 1133 B. Section 36 B. and inserting in lieu thereof a new paragraph to be known as 1133 B. Section 36 B.
1133 B. Section 36 B. All property, real and personal, subject to assessment shall be assessed at its true value in money. For such purpose, it shall be lawful for the said Board of Assessment to enter into an agreement with the proper authorities of any City, Town or Municipality in New Castle County to inspect and copy any assessment made for local purposes. If, in the opinion of a majority of the said Board of Assessment such local assessment assesses all property at its true value in money, then the said Board of Assessment shall have the right to adopt such local assessment as the assessment for county purposes, and thereupon such local assessment shall be the lawful assessment for county purposes. If the Board of Assessment, or any member thereof, shall knowingly and willfully value or assess any property upon any other principal than its true value in money, each of the members of said Board participating therein shall be deemed guilty of a misdemeanor and shall be fined in any sum not exceeding One Hundred Dollars.
Approved March 28, A. D. 1921.