AN ACT TO AUTHORIZE THE COMMISSIONERS OF MILLSBORO TO APPLY FUNDS REALIZED FROM CERTAIN BOND ISSUES TO THE MAKING OF REPAIRS, EXTENSIONS, OR IMPROVEMENTS TO THE WATER PLANT AND WATER DISTRIBUTION SYSTEM IN MILLSBORO, AS WELL AS TO THE PURPOSES MENTIONED IN THE LEGISLATIVE ACTS ORIGINALLY AUTHORIZING THE SAID BOND ISSUES.
WHEREAS, by Chapter 186, Volume 45, Laws of Delaware, the General Assembly of the State of Delaware authorized Commissioners of Millsboro to borrow, by means of a bond issue, the sum of One Hundred Thousand Dollars ($100,000.00), for the purpose of providing a sewer system for the Town of Millsboro; and
WHEREAS, by Chapter 215, Volume 46, Laws of Delaware, the authority of the Town to borrow was increased from the above mentioned figure to the total sum of Three Hundred Thousand Dollars ($300,000.00), for the same purpose; and
WHEREAS, it now appears that the Town of Millsboro needs, or may need, to have some of the said money spent upon the water plant and water distribution system, as well as upon the sewer system which alone was originally contemplated; NOW, THEREFORE,
Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met (two-thirds of all the Members elected to each House concurring therein):
Section 1. That any monies which may be realized by Commissioners of Millsboro from the sale of bonds by or under the authority of Chapter 186, Volume 45, Laws of Delaware, or Chapter 215, Volume 46, Laws of Delaware, or both of the said acts, may properly be expended by the Commissioners of Millsboro not only for the purposes named in the said original
acts, but also for any repairs, improvements, or extensions of the municipal water plant of the Town of Millsboro, or the water distribution system, in such proportions as Commissioners of Millsboro determine will best serve the interests of the said town.