A.
For subdivisions and land developments, the applicant shall provide a financial guarantee to the Borough for the timely installation and proper construction of all stormwater management controls as required by the approved drainage plan equal to or greater than the full construction cost of the required controls or in the amount and method of payment provided for in the SALDO.
B.
For other regulated activities, the Borough may require a financial guarantee from the applicant.
C.
At the completion of the project, and as a prerequisite for the release of the performance guarantee, the applicant or his representatives shall: