King George County Unincorporated, Virginia · General provision
Section 10-4-3
Extracted standards
4 individual requirements pulled out of this section’s prose, each with the sentence it came from.
Other
- Additional guarantee percentage10 pct
an additional 10% of the total estimated cost of construction
- Maximum completion period for guaranteed improvements24 months
The maximum period for the developer to complete guaranteed improvements shall be 24 months
- Maximum partial release percentage90 pct
Up to 90% of the original amount of the performance guarantee may be released through periodic partial releases
- Partial release after completion percentage30 pct
Upon the completion of at least 30% of the improvements covered by a performance guarantee, the applicant may file a written request for a partial release
From the ordinance
The guarantee shall be provided in the following amount: Total estimated cost of construction... Plus, an additional 10% of the total estimated cost of construction