[Added 9-8-2008 by Ord. No. 2746]
A. Remedies to effect completion of improvements. In
the event that any improvements which may be required have not been
installed as provided in the Subdivision and Land Development Ordinance
or in accord with the approved final plat, Whitehall Township is granted
the power, pursuant to the Pennsylvania Municipalities Planning Code,
to enforce any corporate bond, or other security by appropriate legal
and equitable remedies. If proceeds of such bond, or other security
are insufficient to pay the cost of installing or making repairs or
corrections to all the improvements covered by said security, Whitehall
Township may, at its option, install part of such improvements in
all or part of the subdivision 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 security or from any legal or equitable
action brought against the developer, or both, shall be used solely
for the installation of the improvements covered by such security,
and not for any other municipal purpose.
(1)
Whitehall Township may, in its sole discretion,
extend the completion date or allow additional time for the owner
and/or developer or correct any event of default. If necessary in
such case, the owner and/or developer shall obtain an extension or
renewal of the construction security instrument so that the instrument
is extended for a period of at least 60 days from the date of the
deadline for the correction of the event of default.
(2)
The Township, in effecting the completion of
improvements under default, shall have the right to complete the improvements
itself or contract with a third party for completion, and the developer,
in the improvements agreement, shall grant to the Township, its successors,
assigns agents contractors and employees, a nonexclusive right and
easement to enter the property to construct, maintain, and repair
such improvements. Alternatively, the Township may assign the proceeds
of the construction security instrument to a subsequent developer
or lender who has acquired the development by purchase, foreclosure
or otherwise who will then have the same rights of completion as the
Township, provided such assignment shall occur if and only if the
subsequent developer or lender agrees in writing to complete the unfinished
improvements.
(3)
Until the improvements that are under default
are completed, and accepted by the Township, the Township may suspend
final plan approval, and the developer will not be permitted to sell,
transfer, or otherwise convey lots or homes within the property without
the express written approval of the Township.
B. Events of default. The following shall be considered
events of default:
(1)
The improvements as identified on the approved
land development plan and as further outlined in the construction
cost estimate are not completed by the owner/developer to the satisfaction
of the Township Engineer on or prior to the completion date as set
forth and agreed upon in the subdivision improvements and maintenance
agreements.
(2)
The improvements are not constructed in accordance
with the approved plans and/or specifications.
(3)
The owner and/or developer abandons or vacates
construction of improvements for a period of more than 90 days during
the term of the subdivision improvements agreement, unless said abandonment
is caused by fires, floods, storms, accidents or acts of God, and
Whitehall Township reasonably believes that the remaining improvements
cannot be completed by the completion date.
(4)
The owner and/or developer fails to correct
to the satisfaction of the Township Engineer any failure, fault, or
deficiency in the improvements within 60 days or other specific time
period established by same after written notice from the Engineer
to the owner and/or developer to correct such failure, fault or deficiency.
(5)
The owner and/or developer fails to maintain
adequate construction or maintenance security.
(6)
The owner's and/or developer's insolvency, the
appointment of a receiver for the owner and/or developer or the filing
of a voluntary or involuntary petition in bankruptcy respecting the
owner and/or developer.
(7)
Foreclosure of any lien against the property
or a portion of the property or assignment or conveyance of the property
in lieu of foreclosure.
(8)
Failure of the owner and/or developer or their
lender to extend or renew the construction security as required pursuant
to these regulations as well as the Pennsylvania Municipalities Planning
Code.
The Township shall release the maintenance security
provided that:
A. The condition of the required improvements listed
in the subdivision improvements agreement has been approved by the
Township Engineer.
B. All improvements, easements and rights-of-ways which
are to be dedicated to the Township as shown on the final plan shall
have been dedicated to the Township by the delivery of a special warranty
deed conveying the same to the Township in fee simple, plus developer's
attorney's opinion of record title (or title insurance) that the land
conveyed is good and marketable and free of all liens and encumbrances,
or in such other manner recommended by the Township Solicitor and
approved by the Board of Commissioners.