[Amended 10-15-1984 by Ord. No. 450; 11-21-1988 by Ord. No. 488]
A. 
No lot shall be sold or any structure built, altered, moved or enlarged in any planned residential development, unless and until a final development plan has been approved and final plat of subdivision, as defined in § 380-10 of the Subdivision Ordinance, has been recorded and until all site improvements for which the Borough is permitted by the Planning Code to require a completion guarantee have been either constructed or guaranteed.
B. 
All such guarantees shall meet the following standards:
(1) 
Performance guarantee. Prior to the release of the approved final plan for recording, the developer shall guarantee the installation of all required improvements by posting a performance guarantee. The amount, form, terms of release, etc., of the performance guarantee shall be the same as those specified in § 380-10A(3)of the Borough Subdivision Ordinance.
(2) 
Dedication and maintenance guarantee.
(a) 
All streets, recreational facilities, surface drainage, water and sewer facilities, and other improvements shown on the final plan shall be privately owned until such time as they have been offered for dedication to the Borough and accepted by resolution of the Council.
(b) 
Before accepting any such offer of dedication, the Council shall require of the developer a maintenance guarantee. The amount, form, duration, terms of release, etc., shall be the same as those specified in §§ 380-10A(3) and 380-15 of the Borough Subdivision Ordinance.
[Amended 10-15-1984 by Ord. No. 450; 11-21-1988 by Ord. No. 488; 9-19-1989 by Ord. No. 500]
The purposes of this Part 2 are:
A. 
To ensure that the provisions of this chapter which are concerned in part with the uniform treatment of dwelling type, bulk, density, intensity and open space within each zoning district shall not be applied to the improvement of land in a manner that would distort the objectives of the chapter.
B. 
To encourage innovations in residential development and renewal so that the growing demand for housing may be met by greater variety in type, design and layout of dwellings and by the conservation and more efficient use of open space ancillary to said dwellings.
C. 
To provide greater opportunities for better housing and recreation for all who are or will be residents of the Borough.
D. 
To encourage a more efficient use of land and of public services and to reflect changes in the technology of land development so that the economies so secured may inure to the benefit of those who need homes and for other uses.
E. 
To encourage more flexible land development which will respect and conserve natural resources such as streams, lakes, floodplains, groundwater, wooded areas, steeply sloped areas, and areas of unusual beauty or importance to the natural ecosystem.
F. 
To encourage innovations in residential developments that are designed to minimize energy consumption and maximize the use of renewable resources in their layout, transportation, climate control, energy sources, and solid and solid liquid waste treatment systems;
G. 
In aid of the foregoing purposes, to provide a procedure which can relate the type, design and layout of residential development to the particular site and the particular demand for housing existing at the time for development in a manner consistent with the preservation of the property values within existing residential areas, and to ensure that the increased flexibility of regulations over land development established hereby is utilized under administrative standards and procedures which encourage the disposition of proposals for land development without undue delay; and
H. 
To encourage the community development objectives found in § 400-3 of this chapter.
The application for and tentative and final approval of a development plan for a planned residential development prescribed in this part shall be in lieu of all other procedures or approvals otherwise required by the Borough Subdivision Ordinance (Chapter 380), except to the extent specifically provided herein. However, every planned residential development shall be regulated as an environmental disturbance by the Natural Resources Ordinance (Chapter 363, Part 2) and by the Floodplain Ordinance (Chapter 350).