§ 15.2-2241.1. Bonding requirements for the acceptance of dedication for public use of certain facilitie...
Notwithstanding the provisions of § 15.2-2241, provided the developer and the governing body have agreed on the delineation of sections within a proposed development, the developer shall not be required to furnish to the governing body a certified check, cash escrow, bond or letter of credit in the amount of the estimated cost of construction of facilities to be dedicated for public use within each section of the development until such time as construction plans are submitted for the section in which such facilities are to be located.
(2007, c. 420.)
Sections: Previous 15.2-2235 15.2-2236 15.2-2237 15.2-2238 15.2-2239 15.2-2240 15.2-2241 15.2-2241.1 15.2-2242 15.2-2243 15.2-2243.1 15.2-2244 15.2-2244.1 15.2-2245 15.2-2245.1 NextLast modified: April 16, 2009