§ 22-130. Interest and costs.  


Latest version.
  • No interest shall be paid to the developer on any performance security held by the village. The developer shall bear the full cost of securing and maintaining all performance securities required by this chapter, including without limitation the performance and payment letter of credit and the guaranty letter of credit.

(Ord. No. 96-0-14, § 2(22-704), 3-14-96)