In the event that any improvements which may be required have
not been installed as provided in this ordinance or in accordance
with the approved final plan, the Board of Supervisors may enforce
any letter of credit or other financial security by appropriate legal
and equitable remedies. If proceeds of such financial security are
insufficient to pay the cost of installing or making repairs or corrections
to all the improvements covered by said security, the Board of Supervisors
may, at its option, install such improvements in all or part of the
subdivision or land development and may institute appropriate legal
or equitable action to recover the monies necessary to complete the
remainder of the improvements. All of the proceeds, after deducting
the costs of collection, whether resulting from the financial 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 Township purpose.
The Township and/or any applicable authority shall inspect the
improvements during construction. The developer shall pay the cost
of any such inspection in accordance with the provisions of Article
V of the Municipalities Planning Code. The developer shall provide
at least twenty-four-hours' notice prior to the start of construction
of any improvements that are subject to inspection.
The developer shall maintain all streets in the subdivision
or development in travelable condition, including the prompt removal
of snow therefrom, until such time as the streets are accepted by
the township as part of the Township highway system; or, if such streets
are not to be dedicated, until a homeowners' association or other
responsible for the maintenance of the streets has been formed.
Recording of the final plan after approval of the Board has
the effect of an irrevocable offer to:
A. Dedicate all streets and other public ways to public use, unless
such streets are indicated on said plan as private streets.
B. Dedicate all neighborhood parks and all areas shown on the plan as
being local recreation sites to public use.