Delaware Code Title 2 Sec. 922 – Payment of purchase price and improvement costs; definition of …
Current as of: 2023 | Check for updates
|
Other versions
The cost of investigating, surveying, planning, acquiring, establishing, constructing, enlarging or improving or equipping airports and other air navigation facilities, and the sites therefor, including structures and other property incidental to their operation, in accordance with this chapter may be paid for by appropriation of moneys available therefor, or wholly or partly from the proceeds of bonds of the political subdivision, as the governing body of the political subdivision shall determine.
Terms Used In Delaware Code Title 2 Sec. 922
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
As used in this section “cost” includes awards in condemnation proceedings and rentals where an acquisition is by lease.
Code 1935, c. 167; 45 Del. Laws, c. 300, § ?6(1); 2 Del. C. 1953, § ?922;