[Amended 4-16-2018 by Ord. No. 2018-8]
Prior to the execution of final subdivision plats or deeds, the subdivider shall have installed improvements or shall have furnished performance or related guarantees in accord with Chapter
50, §
50-64 et seq.
The subdivider shall observe the requirements and principles established in Article
X of this chapter in the construction and installation of all required improvements.
All required improvements affecting the public
interest shall be offered for dedication to the Township of Delanco
by deed or such other appropriate instrument. The improvements shall
not be deemed to have been accepted by the Township, however, until
formal action acceptance by ordinance or resolution of the governing
body of the Township of Delanco.
The developer or subdivider shall also post
a maintenance guaranty covering all improvements for a period not
to exceed two years after final acceptance of the improvements, in
the amount of 15% of the cost of the improvement or of the original
installation.
All required improvements shall be offered for
dedication to the Township of Delanco with the exception of water
distribution and sewerage collection lines, subject to existing agreements;
sewers shall be offered for dedication to the Municipal Sewerage Authority
and the water mains and appurtenances are the property of Delaware
Valley Water Company in accordance with the rules and regulations
on a basis that it is satisfactory to the Township Committee.