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Land Development Bond Administration Program

New Bond Administration Service Fee (effective July 1, 2007)

As of Monday, July 1, 2007 each new surety posted must be accompanied with the $300 fee prior to acceptance of that surety.  Land Development offers the Bond Program as an optional and premium administration service to the development community and is designed to ensure the completion of required public improvements. This fee is calculated to recover the administrative and staffing costs to maintain sureties posted.