After adoption of a road improvement program, the locality may adopt an ordinance establishing a system of impact fees to fund or recapture all or any part of the cost of providing reasonable road improvements benefiting new development. The ordinance shall set forth the schedule of impact fees.
Va. Code Ann. § 15.2-2322
Adoption of impact fee and schedule
1989, c. 485, § 15.1-498.5; 1997, c. 587; 2007, c. 896.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.