General Assembly Proposed Bill No. 490
January Session, 2011 LCO No. 1387
Referred to Committee on Planning and Development
Introduced by:
SEN. FASANO, 34th Dist.
General Assembly
Proposed Bill No. 490
January Session, 2011
LCO No. 1387
Referred to Committee on Planning and Development
Introduced by:
SEN. FASANO, 34th Dist.
AN ACT CONCERNING THE TIME FOR POSTING A PERFORMANCE BOND.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to provide that, when a performance bond is required for a subdivision or site plan application, the applicant may post such bond before or after the subdivision or site plan is recorded on the land records of the municipality provided no work begins on the subdivision or site plan until after the applicant posts such bond.
Statement of Purpose:
To give applicants for a subdivision or site plan more flexibility regarding the time that a performance bond is posted.