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2009 SESSION

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HB 2029 Subdivision ordinances; bonding requirements.

Introduced by: Daniel W. Marshall, III | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED HOUSE:

Subdivision ordinance; bonding requirements.  Reduces the bonding requirement from 25 percent to 10 percent of estimated construction costs for the administrative allowance required from a developer. This provision will sunset in 5 years.

SUMMARY AS INTRODUCED:

Subdivision ordinance; bonding requirements.  Reduces the bonding requirement from 25 percent to 10 percent of estimated construction costs for the administrative allowance required from a developer. This provision will sunset in 5 years.