[Ord. 7-2005, 7/13/2005]
1.
Required improvements shall be completed under specifications of the Pennsylvania Department of Transportation, the Pennsylvania Department of Environmental Protection, the Montgomery County Conservation District and other appropriate agencies and the specifications included herein. In the event of conflict, the specifications established by the agency having jurisdiction over such improvement construction shall take precedent.
2.
The subdivider, developer or builder shall, where specified by the Borough Council, construct and install with no expense to the Borough the streets, curbs, sidewalks, water mains, sanitary and storm sewers, streetlights, fire hydrants, street signs, shade trees, monuments and other facilities and utilities specified in this Chapter.
3.
The applicant shall agree in writing to construct streets and other improvements required by this Chapter from the lot or lots to be sold or built upon to an existing improved street. The work shall be performed in strict accordance with approved plans and the Borough standards and specifications, or the applicable provisions of Pennsylvania Department of Transportation Publication 408, latest edition, or any subsequent number or section thereof. No plan shall be finally approved until the developer has completed all of the necessary and appropriate improvements as required as a condition for final approval of a plan; or until such time as the applicant has provided a proper guarantee in the form of a performance bond or bonds in an amount equal to 125% of the estimated improvement costs as determined by the Borough Engineer with surety satisfactory to the Borough Solicitor. In lieu of a performance bond, Borough Council may accept other security guaranteeing performance by the applicant.
4.
Any performance bond shall assure the complete installation of the required improvements within a period not longer than three years, and the proceeds of such bond shall be made payable directly to the Borough for installation of the required improvements. The Borough Council with the consent of all parties to the bond may extend such period upon written application of the subdivider or developer prior to the expiration of such period or upon its own motion at any time prior to a declaration of a default in the bond.