Performance and maintenance guarantees shall
be provided by a variety of means including, but not limited to, the
following:
A. Security bond. The applicant may obtain a security
bond from a surety bonding company authorized to do business in the
State of New Jersey.
B. Letter of credit. The applicant may provide an irrevocable
letter of credit from a bank or other reputable institution.
C. Escrow account. The applicant shall deposit cash,
or other instruments readily convertible into cash at face value,
either with the Borough or in escrow with a bank.
D. Property. The applicant may provide as a guarantee
land or other property under an agreement approved by the Borough
Solicitor.
E. Subdivision improvement guarantee. An applicant may
provide as a guarantee a subdivision improvement agreement between
the applicant, lender, and Borough.
Developers shall be required, as a condition
for approval of a subdivision or site plan, to pay their pro rata
share of the cost of providing reasonable and necessary street improvement
and water, sewerage and drainage facilities and easements therefor
located outside the property limits of the development but necessitated
or required by construction or improvements within said development.
The following criteria shall be utilized in determining a developer's
proportionate or pro rata share of necessary off-tract improvements:
A. Improvements to be constructed at sole expense of
applicant. In cases where the reasonable and necessary need for an
off-tract improvement or improvements is necessitated or required
by the proposed development application and where no other property
owner receives a special benefit thereby, the applicant may be required,
as a condition of approval, at the applicant's sole expense, to provide
for and construct such improvement as if such were a nontract improvement,
in the manner provided hereafter and otherwise provided by law.
B. Other improvements. In cases where the need for any
off-tract improvement is necessitated by the proposed development
application and where it is determined that properties outside the
development will also be benefited by the improvement, the following
criteria shall be utilized in determining the developer's proportionate
share of such improvements:
(1)
Sanitary sewers. For distribution facilities,
including the installation, relocation or replacement of collector,
trunk and interceptor sewers and the installation, relocation and
replacement of other appurtenances associated therewith, the applicant's
proportionate share shall be computed as follows:
(a)
The capacity and the design of the sanitary
sewer system shall be based on Rules and Regulations for the Preparation
and Submission of Plans for Sewage Systems, NJDEP and all Borough
sewer design standards, including infiltration standards, and all
other stormwater drain standards.
(b)
Developer's pro rata share.
[1]
The capacity of the existing system to service
the entire improved drainage area shall be computed. If the system
is able to carry the total developed drainage basin, no improvement
or enlargement cost will be assigned to the developer. If the existing
system does not have adequate capacity for the total developed drainage
basin, the prorated enlargement or improvement share shall be computed
as follows (where "gpd" means gallons per day):
|
Total enlargement or
improvement cost
|
|
Total tributary gpd
|
|
|
=
|
|
|
Developer's cost
|
|
Development gpd
|
[2]
If it is necessary to construct a new system
in order to service the development, the prorated enlargement share
to the developer shall be computed as follows:
|
Total project cost
|
|
Total tributary gpd
|
|
|
=
|
|
|
Developer's cost
|
|
Development tributary gpd
|
[3]
The plans for the improved system or extended
system shall be prepared by developer's engineer. All work shall be
calculated by the developer and approved by the Borough Engineer.
(2)
Water supply. The applicant's proportionate
share of water distribution facilities including the installation,
relocation or replacement of water mains, hydrants, valves, and associated
appurtenances shall be computed as follows:
(a)
The capacity and the design of the water supply system shall be based on the standards specified in Article
IX of this chapter;
(b)
The Borough Engineer shall provide the applicant
with the existing and reasonably anticipated capacity limits of the
affected water supply system in terms of average demand, peak demand,
and fire demand;
(c)
If the existing system does not have adequate
capacity as defined above to accommodate the applicant's needs, the
pro rata shares shall be computed as follows:
|
Total cost of enlargement or improvement
|
|
Capacity of enlargement or improvement (gpd)
|
|
|
=
|
|
|
Developer's cost
|
|
Development-generated gallons per day to be
accommodated by the enlargement or improvement
|
(3)
Roadways. For street widening, alignment, channelization
of intersections, construction of barriers, new or improved traffic
signalization, signs, curbs, sidewalks, trees, and utility improvements
uncovered elsewhere, the construction or reconstruction of new or
existing streets and other associated streets or traffic improvements,
the applicant's proportionate cost shall be determined as follows:
(a)
The Borough Engineer shall provide the applicant's
engineer with the existing and anticipated peak-hour flows for the
off-tract improvement.
(b)
The applicant shall furnish a plan for the proposed
off-tract improvement, which shall include the estimated peak-hour
traffic generated by the proposed development. The ratio of the peak-hour
traffic generated by the proposed development to the future peak-hour
traffic shall form the basis of the proportionate share. The prorated
share shall be computed as follows:
|
Total cost of the roadway improvement and/or
|
|
Future peak-hour traffic
|
|
|
=
|
|
|
Developer's cost
|
|
Future peak-hour traffic generated by the development
|
(4)
Drainage improvements. For stormwater and drainage
improvements, including the installation, relocation or replacement
of storm drains, culverts, catch basins, manholes, riprap or improved
drainage ditches and appurtenances thereto and the relocation or replacement
of other storm drainage facilities or appurtenances associated therewith,
the applicant's proportionate share shall be determined as follows:
(a)
The capacity and the design of the drainage system to accommodate stormwater runoff shall be based on the standards of Article
IX of this chapter and shall be computed by the developer's engineer and approved by the Borough Engineer.
(b)
The capacity of the enlarged, extended or improved
system required for the development and areas outside of the developer's
tributary to the drainage system shall be determined by the developer's
engineer, subject to approval to the Borough Engineer. The plans for
the improved system shall be prepared by the developer's engineer
and the estimated cost of the enlarged system calculated by the Borough
Engineer. The prorated share for the proposed improvement shall be
computed as follows (where "cfs" stands for cubic feet per second):
|
Total enlargement or improvement cost of drainage
facilities
|
|
Total tributary cfs
|
|
|
=
|
|
|
Developer's cost
|
|
Development cfs
|
(5)
Other improvements. The applicant's proportionate
share of other capital improvements shall be computed as follows:
|
Total cost of enlargement or improvement
|
|
Capacity of enlargement or improvement
|
|
|
=
|
|
|
Developer's cost
|
|
Development share of enlargement or improvement
|
C. Escrow accounts. Where the proposed off-tract improvement
is to be undertaken at some future date, the moneys required for the
improvement shall be deposited to the credit of the Borough in a separate
account until such time as the improvement is constructed. If the
off-tract improvement is not begun within 10 years of deposit, all
moneys and interest shall be returned to the applicant.
D. Computation of pro rata share. In any case in which
an applicant shall not provide the approving authority with the estimates
of a traffic consultant and/or consulting engineer with regard to
estimated improvement costs and all other information necessary to
proportion costs, the approving authority may rely on the estimates
of the Borough Engineer in order to prorate costs.