Fairview Township may adopt by resolution, from time to time,
a reasonable schedule of a deposit to be held in escrow to cover the
cost of plan reviews, inspections and other activities necessary to
administer the provisions of this chapter. All assurance of completion
of the improvements by financial security shall be made by one of
the following methods, or other such method as shall be satisfactory
to the Township: a bond, irrevocable letter of credit, restrictive
or escrow account, certified check, cashier's check, or other
satisfaction to the Township in accordance with the applicable provisions
of the Pennsylvania Municipalities Planning Code, which shall be made
payable to the Township. Any dispute over the fee amount shall be
resolved in the manner prescribed by the Pennsylvania Municipalities
Planning Code.
A. In the case of a bond, it shall also:
(1)
Be with surety satisfactory to the Township.
(2)
Be in a form, sufficiency, and execution acceptable to the Township.