[Ord. No. 337, 5/15/2024]
(a)
For subdivisions and land developments, the applicant shall provide
a financial guarantee to the Township for the timely installation
and proper construction of all stormwater management controls as:
1) required by the approved drainage plan equal to or greater than
the full construction cost of the required controls, or 2) in the
amount and method of payment provided for in the Subdivision and Land
Development Ordinance[1] in accordance with the provisions of Sections 509, 510
and 511 of the Pennsylvania Municipalities Planning Code.[2]
(b)
For other regulated activities, the Township may require a financial
guarantee from the applicant.
(c)
At the completion of the project, and as a prerequisite for the release
of the performance guarantee, the applicant or his representatives
shall:
(d)
After the Township receives the certification, a final inspection
shall be conducted by the Township or designee to certify compliance
with this chapter.