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2012 SESSION

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SB 215 Bond administration; reimbursement of administrative costs.

Introduced by: George L. Barker | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Bond administration; reimbursement of administrative costs. Provides that if the owner or developer defaults on construction of certain public facilities, the locality shall be entitled to retain the allowance for administrative costs regardless of who ultimately completes the facilities.


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