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2011 SESSION

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HB 2411 Land use approvals; existing performance bonds may be waived if locality has bonding moratorium.

Introduced by: L. Scott Lingamfelter | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Extension of land use approvals; performance bonds.  Provides that in instances where a locality has enacted a bonding moratorium or deferral option, existing performance bonds or other financial guarantees of completion may be waived or modified by the locality, in which case various land use approval extensions and deadline extensions shall continue to apply.


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