A.
For subdivisions and land developments, the applicant shall provide a financial performance guarantee to the Township for the timely installation and proper construction of all stormwater management controls as required by the approved drainage plan in the amount and method of payment provided for in Chapter 355, Subdivision and Land Development.
B.
For other regulated activities, the Township may require a financial guarantee from the applicant in an amount equal to 110% of the estimated construction cost of the stormwater management controls as required by the approved drainage plan.
C.
At the completion of the project, and as a prerequisite for the release of the performance guarantee, the applicant or his representatives shall:
(1)
Provide a certification from a design professional verifying that the inspections have been made and that the construction has been completed according to the approved plans and specifications, and approved revisions thereto.
(2)
Submit testing results, such as for the compaction of an earthen berm, as may be required by the Township.
(3)
Provide a set of record drawings.
D.
After the Township receives the certification, a final inspection shall be conducted by the Township Engineer or designee to verify compliance with this chapter.