In the event of the installation of improvements required by an ordinance adopted pursuant to Section 66485, the local agency shall enter into an agreement with the subdivider to reimburse the subdivider for that portion of the cost of those improvements, including an amount attributable to interest, in excess of the construction required for the subdivision.
Cal. Gov. Code § 66486
Reimbursement
Known as the Subdivision Map Act
The act spans §§ 66410–66499 (279 sections).
Applied in 2 court decisions — leading case 24 Cal. App. 4th 929 - Vallejo Development Co. v. Beck Development Co. (1994)
Most recently applied in 24 Cal. App. 4th 929 - Vallejo Development Co. v. Beck Development Co. (April 1994)
Amended by Stats. 1983, Ch. 704, Sec. 3.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.