(a) In addition to other powers any municipality may have, and notwithstanding the provisions of any other public local law, or public general law, or the charter of any municipality, a municipality may borrow money by issuing and selling bonds, or impose ad valorem or special taxes under this chapter for any of the purposes stated in § 1802(b) of this title, if a request to the municipality is made by both: (1) The owners of at least 2/3 of the assessed valuation of the real property located within the special development district; and (2) At least 2/3 of the owners of the acreage located within the special development district, provided that: a. Multiple owners of a single parcel are treated as a single owner; and b. A single owner of multiple parcels is treated as 1 owner. (b) This section is self-executing and does not require the municipality to enact legislation or, if applicable, to amend its charter to exercise the powers granted under this section.
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