A.
The applicant shall provide a financial guarantee to the Township
for the timely installation and proper construction of all stormwater
management controls as required by the approved SWM site plan and
this chapter, equal to 110% of the full construction cost of the required
controls in accordance with the Municipalities Planning Code.
B.
At the completion of the project and as a prerequisite for the release
of the financial guarantee, the applicant shall:
(1)
Provide a certification of completion from an engineer, architect,
surveyor or other qualified person, verifying that all permanent facilities
have been constructed according to the SWM site plan and report and
approved revisions thereto.
(2)
Provide a set of record drawings.
(3)
Request a final inspection from the Township to certify compliance
with this chapter, after receipt of the certification of completion
and record drawings by the Township.
A.
When stormwater management facilities or other required improvements
in the development have been completed in accordance with the final
approved plan, such improvements shall be deemed private until such
time as they have been offered for dedication to Fairview Township
and accepted by separate ordinance or resolution or until they have
been condemned for use as a public facility.
B.
Prior to acceptance of any improvements or facilities, the Municipal
Engineer shall inspect them to ensure that they are constructed in
accordance with the approved plan and are functioning properly. In
the case of any stormwater control facility, it must be free of sediment
and debris.
C.
The owner and/or developer shall submit as-built plans for all facilities
proposed for dedication.
D.
Prior to acceptance of any improvements or facilities, the applicant
shall provide financial security to secure the structural integrity
and functioning of the improvements. The security shall:
