AN ACT TO AMEND TITLE 7 OF DELAWARE CODE RELATING TO THE FORT DUPONT REDEVELOPMENT AND PRESERVATION CORPORATION.

This Act is to fortify the Declaration of Purpose for the Fort DuPont Complex. This Act requires that at least one of the 4 directors appointed by the Mayor of Delaware City is a resident of the Fort DuPont Complex. This Act prohibits the executive director or any employee of the Corporation any gift from the Corporation, the Board or any member of the Board valued in excess of $200.00 or from renting or leasing any property on the Fort DuPont Complex except for fair market value and only with a rental or lease agreement. This Act requires the Executive Director to provide an annual written report of the activities of the Corporation to the Chair of the Board and the Chair of the Fort DuPont Oversight Committee. This Act also provides that no administrative costs of the Corporation may be requested or paid by an appropriation of the Geneal Assembly beginning January 1, 2022. This Act imposes continuing duties upon the Corporation to prepare and provide an annual report and audit for the Governor and the Captial Improvement Committee of the General Assembly. Finally, this Act establishes the Fort DuPont Oversight Committee that assists and provides oversight to the Board in carrying out its purposes under the statute. The Oversight Committee authority includes reviewing records, including financial records, of the Corporation, reviewing appropriation requests to the General Assembly, attending Corporation Board meetings, and oversight of redevelopment plans and the purchase, sale, lease or disposition of lands or buildings. The Oversight Committee shall consist of 7 members, 5 of which, including the Chair, are appointed by the Governor, 1 is appointed by the Speaker of the House, and 1 by the President Pro Tempore of the Senate.