The initial submission of a preliminary or tentative
planned residential development plan shall be accompanied by the appropriate
fee. Such fees shall be as set forth by resolution of the Board of
Commissioners from time to time.
No subdivision and/or land development plan
shall be finally approved unless all improvements and common amenities
required by the subdivision ordinance and subdivision regulations
have been installed or unless financial security has been deposited
with the Township in an amount sufficient to cover the costs of all
the improvements and common amenities, in accordance with the provisions
of § 509 of the Pennsylvania Municipalities Planning Code,
being Act 247 of 1968, as from time to time amended. Improvements and common
amenities, as used herein, shall include all improvements required
by the subdivision ordinance and subdivision regulations, whether
such improvements are to become public improvements dedicated to the
Township or to remain the private property of the owner/developer
or to become a part of the common elements of a condominium development.