In this chapter, the following terms shall have the meanings indicated:

(1) “Bonds” or “bond” means a special obligation bond, revenue bond, note, or other similar instrument issued by the County in accordance with this chapter.

(2) “Chief financial officer” means the Director of the Kent County Department of Finance or his or her designee designated by the Director of the Kent County Department of Finance.

(3) “Cost” includes the cost of:

a. Construction, reconstruction, and renovation, and acquisition of all lands, structures, real or personal property, rights, rights-of-way, franchises, easements, and interests acquired or to be acquired by a municipal, local, county, state, or federal government or any agency, department, or office thereof for a public purpose;

b. All machinery and equipment including machinery and equipment needed to expand or enhance the services of a municipal, local, county, state, or federal government or any agency, department, or office thereof to the special development districts created pursuant to § 5502 of this title;

c. Financing charges and interest prior to and during construction, and, if deemed advisable by the County, for a limited period after completion of the construction, interest, and reserves for principal and interest, including costs of county bond insurance and other type of financial guaranty, liquidity support, and costs of issuance;

d. Extensions, enlargements, additions, and improvements;

e. Architectural, engineering, financial, and legal services;

f. Plans, specifications, studies, surveys, and estimates of cost and of revenues;

g. Administrative expenses necessary or incident to determining to proceed with the improvements, including infrastructure improvements; and

h. Other expenses as may be necessary or incident to the construction, acquisition, financing, and operation of the improvements, including infrastructure improvements, including administrative expenses charged to collect and/or administer the tax revenues.

(4) “County” means Kent County.

(5) “County Administrator” means the Kent County Administrator or his or her designee designated by the Kent County Administrator.

(6) “Issuing body” means a municipality or other political subdivision, department or agency of the State (other than the County) when it acts to issue a bond, a note, or other similar instrument.

(7) “Levy Court” means the Kent County Levy Court.

(8) “Other obligations” or “other obligation” means a bond, a note, or other similar instrument issued by an issuing body for any the purposes stated in § 5502 of this title.

81 Del. Laws, c. 26, § 1; 70 Del. Laws, c. 186, § 1.