1. (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. (1) The owners of at least 2/3 of the assessed valuation of the real property located within the special development district; and

   2. (2) At least 2/3 of the owners of the acreage located within the special development district, provided that:

      1. a. Multiple owners of a single parcel are treated as a single owner; and
      2. b. A single owner of multiple parcels is treated as 1 owner.
2. (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.

74 Del. Laws, c. 145, § 2; 81 Del. Laws, c. 22, § 3