Sec. 4-202. - Housing authority tax exemption; payments in lieu of taxes.
Sec. 4-203. - Parking authority exemption from taxation; payments in lieu of taxes.
Sec. 4-204. - Exemption of school property.
Secs. 4-205—4-225. - Reserved.
Any county, municipality or other political subdivision of this state, by resolution or ordinance duly passed and approved, may exempt from taxation and assessment for public purposes, for a period up to ten (10) years, any structure above or under the ground which may hereafter be constructed and located within the county, municipality, or other political subdivisions of this state and used by the public for the parking of automobiles off the street or highway; provided further, that the exemption shall be limited to that portion of the structure exclusively used for or devoted to the parking of automobiles and vehicles of that nature.
State law reference— Similar provisions, 9 Del. C. § 8108.
Sec. 4-202. - Housing authority tax exemption; payments in lieu of taxes.
The property of an authority is declared to be public property used for essential public purposes, and such property and an authority shall be exempt from all taxes and assessments of the city, the county, the state or any political subdivision thereof. In lieu of such taxes, an authority may agree to make annual payments to such city or county for improvements, services and facilities furnished by such city or county for the benefit of the housing project, in amounts not to exceed the regular taxes which would be levied on such projects by the aforesaid taxing bodies if the project were not exempt therefrom. Bonds and other obligations of an authority are declared to be issued for an essential public and governmental purpose and to be public instrumentalities, and together with interest thereon and income therefrom, shall be exempt from taxes.
State law reference— Similar provisions, 31 Del. C. § 4318.
Sec. 4-203. - Parking authority exemption from taxation; payments in lieu of taxes.
The effectuation of the authorized purposes of the authorities created under this chapter [of the Delaware Code] shall and will be in all respects for the benefit of the residents of incorporated cities for the increase of their commerce and prosperity, since such authorities will be performing essential governmental functions and for the improvement of their health, safety, and living conditions; and in effectuating such purposes, such authorities shall not be required to pay any taxes or assessments upon any property acquired or used by them for such purposes. In lieu of such taxes or special assessments an authority may agree to make payments to the city or the county or any political subdivision. The bonds issued by any authority, their transfer and the income therefrom, including any profits made on the sale thereof, shall at all times be free from taxation within this state.
State law reference— Similar provisions, 22 Del. C. § 514.
Sec. 4-204. - Exemption of school property.
All property, real or personal, vested in the board of education shall be exempt from all kinds of taxes, and from sale or execution or other writ or order in the nature of an execution. It shall also be exempt from the payment of water taxes or rents in all buildings used for school purposes; all sewer connections for school use shall also be without tax or charge.
(23 Del. L. ch. 92, § 14)