Section 1802 - Special taxes authorized; purpose; requirements and restrictions(a)(1) For any purpose stated in subsection (b)(1) or (2) of this section, any municipality may:(i) Create a special development district;(ii) Levy ad valorem or special taxes; and(iii) Issue bonds and other obligations.(2) For any purpose stated in subsection (b)(3) of this section, any municipality may: (i) Create a special development district;(ii) Levy ad valorem or special taxes; and(iii) pledge funds under an agreement described in subsection (b)(3) of this section to secure payment on Other Obligations.(b) The purpose of the authority granted under subsection (a) of this section is :(1) To provide financing, refinancing, or reimbursement for the cost of the design, construction, establishment, extension, alteration or acquisition of adequate storm drainage systems, sewers, water systems, roads, bridges, culverts, tunnels, streets, sidewalks, lighting, parking, parks and recreation facilities, libraries, schools, transit facilities, solid waste facilities and other infrastructure improvements as necessary, whether situated within the special development district or outside the special development district if the infrastructure improvement provides service or benefit to the property within the special development district, for the development and utilization of the land, each with respect to any defined geographic region within the municipality; (2) To provide financing, refinancing, or reimbursement for the costs associated with tax increment financing undertaken with respect to TIF Districts pursuant to Chapter 17 of this title; and(3) To pledge under a written agreement the ad valorem or special taxes levied under this chapter to secure the payment, or reimbursement of a payment, of Other Obligations. Such agreement shall be between the municipality and the issuing body, and shall run to the benefit of and be enforceable on behalf of any holder, of Other Obligations.Amended by Laws 2017, ch. 22,s 2, eff. 5/30/2017.74 Del. Laws, c. 145, § 2.;