[Ord. No. 404 § 4; Ord. No. 521 § 4]
If the application and applicant complies with this chapter and all other applicable ordinances as set forth, a license shall be issued by the Township Committee. The license shall be valid for a period of five (5) years from the date of issuance thereof. Such license shall be renewed by the Township Committee for succeeding five (5) year periods provided an application accompanied by either the promise of the applicant or such reasonable security as may be required, as provided above is received from the applicant and provided that the applicant meets all terms and conditions of this chapter or any other applicable ordinances or their amendments or supplements thereto. The application for renewal of the license shall be filed within sixty (60) days after receipt of written notice from the Township Committee of the upcoming expiration of the license but not more than four (4) months before the expiration of the license, and provided the applicant is carrying out the requirements of the original license as evidenced by the absence of a judicial determination at the time to the contrary. Issuance of a license or renewal license commits the applicant, and the applicant's successors and assigns to faithful compliance with the Rehabilitation/Reclamation Plan and the provisions of this chapter and the Development Regulations Ordinance, its amendments or supplements.