When the developer has completed the required public improvements in a plan, the developer shall notify the Borough, in writing, by certified or registered mail. Within 10 days of the receipt of such notification, Borough Council shall authorize the Borough Engineer to inspect the public and private improvements in the land to determine compliance with the design standards specified in Article
VI of this chapter and the Borough Construction Standards (Article
IX).
Upon completion of the public and private improvements
in a plan, "as-built" plans of the improvements shall be filed with
the Borough by the developer within 10 days of the mailing of the
notice of completion.
In the event that the public and private improvements
required to be installed by the provisions of this chapter are not
installed in accordance with the requirements of this chapter or the
approved final plat, Borough Council shall have the power to enforce
the performance security by appropriate legal and equitable remedies
provided by the laws of the Commonwealth of Pennsylvania. If proceeds
from the performance security are insufficient to pay the cost of
installing or making repairs or corrections to all the improvements
guaranteed by such performance security, Borough Council may, at its
option, install part of such improvements in all or part of the subdivision,
consolidation or land development and may institute appropriate legal
or equitable action to recover the moneys necessary to complete the
remainder of the improvements. All of the proceeds, whether resulting
from the performance security or from any legal or equitable action
brought against the developer, or both, shall be used solely for the
installation of the improvements guaranteed by such performance security
and not for any other municipal purpose.