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1999 SESSION

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HB 2226 Subdivision ordinances; performance guarantees.

Introduced by: William J. Howell | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Subdivision ordinances; performance guarantees. Provides that when a governing body makes periodic partial releases of performance guarantees, such partial releases shall not exceed 50 percent of the original amount until sufficient public uses are established for acceptance, unless a maintenance agreement and indemnifying bond have been posted.


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