SENATE SUBSTITUTE NO. 1
SENATE BILL NO. 402
AS AMENDED BY HOUSE AMENDMENT NO. 1
AN ACT TO AMEND CHAPTER 5, TITLE 22, DELAWARE CODE, RELATING TO ACQUISITION OF PROPERTY OR PROPERTY RIGHTS BY MUNICIPAL PARKING AUTHORITIES.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. Amend §508. Chapter 5, Title 22. Delaware Code, by inserting between the first and second sentence thereof the following:
"When acquiring property or property rights the authority shall in arriving at a fair and reasonable price, consider the fair market value u required by Chapter 61. Title 10. Relocation shall be paid according to the terms set forth in Chapter 93, Title 29."
Approved June 27, 1986.