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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>69877</law_id><section_number>15.2-2241.1</section_number><catch_line>Bonding requirements for the acceptance of dedication for public use of certain facilities</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="15.2">Counties, Cities and Towns</unit><unit label="subtitle" level="2" order_by="1" identifier="II">Powers of Local Government</unit><unit label="chapter" level="3" order_by="1" identifier="22">Planning, Subdivision of Land and Zoning</unit><unit label="article" level="4" order_by="1" identifier="6">Land Subdivision and Development</unit></structure><text>
						<section><p>Notwithstanding the provisions of &#xA7;&#xA0;<a class="law" title="Mandatory provisions of a subdivision ordinance" href="/15.2-2241/">15.2-2241</a>, provided the developer and the <span class="dictionary">governing body</span> have agreed on the delineation of sections within a proposed <span class="dictionary">development</span>, the developer shall not be required to furnish to the <span class="dictionary">governing body</span> a certified check, cash escrow, <span class="dictionary">bond</span> 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 <span class="dictionary">development</span> until such time as construction plans are submitted for the section in which such facilities are to be located.</p></section></text><history>2007, c. 420.</history><metadata></metadata></law>
