[Ord. No. 589-21-01, 6/16/2021]
1. 
A completion guarantee or financial security in the form of a bond, cash deposit, cashier's check or other negotiable securities acceptable to Manor Borough shall provide for, and secure to Manor Borough, the completion of any improvements which may be required on or before the date fixed in the formal action of approval or accompanying agreement for completion of the improvements. The guarantee or security shall cover any and all stormwater management facilities, BMPs, erosion and sedimentation controls and other required improvements (collectively, "improvements") and shall be equal to 110% of the cost of completion estimated as of 90 days following the date scheduled for completion by the developer. Annually Manor Borough may adjust the amount of financial security by comparing the actual cost of the improvements which have been completed and the estimated cost for the completion of the remaining improvements as of the expiration of the 90th day after either the original date scheduled for completion or a rescheduled date of completion. Subsequent to said adjustment, Manor Borough may require the developer to post additional security in order to assure that the financial security equals said 110%. Any additional security shall be posted by the developer in accordance with this subsection.
2. 
The amount of the guarantee or financial security required shall be determined utilizing the provisions of § 509 (g) of the Municipalities Planning Code.
[Ord. No. 589-21-01, 6/16/2021]
The completion guarantee or financial security shall be returned or released upon written certification by the Borough Engineer or a designated agent that improvements and facilities have been installed and completed in accordance with the approved plan and specifications. The procedures for requesting and obtaining a release of the completion guarantee shall be in a manner prescribed by the § 510 of the Municipalities Planning Code.
[Ord. No. 589-21-01, 6/16/2021]
If improvements are not installed in accordance with the approved final plans, the Borough Council of Manor Borough may enforce any corporate bond or any security by appropriate legal and equitable remedies. If proceeds of such bond or other security are insufficient to pay the cost of installing or making repairs or corrections to all the improvements covered by said security, the Manor Borough Council may at its option install part of such improvements in all or part of the development and may institute appropriate legal or equitable action to recover the monies necessary to complete the remainder of the improvements. All proceeds, whether resulting from the 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 Borough purpose.
[Ord. No. 589-21-01, 6/16/2021]
1. 
When streets, sanitary sewers, stormwater management facilities, BMPs, erosion and sedimentation controls or other required improvements in the development have been completed in accordance with the final plans, such improvements shall be deemed private until such time as they have been offered for dedication to Manor Borough and accepted by separate ordinance or resolution or until they have been condemned for use as a public facility. Manor Borough shall be under no obligation to accept such facilities or controls unless and until Manor Borough so determines that it is in the best interest of Manor Borough to do so.
2. 
Prior to acceptance of any improvements or facilities, the Borough engineer shall inspect the same to ensure that the same are constructed in accordance with the approved plans and are functioning properly.
3. 
The owner shall submit as-built plans for all facilities proposed for dedication.
[Ord. No. 589-21-01, 6/16/2021]
1. 
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:
A. 
Be in the form of a bond, cash, cashier's check or other negotiable securities acceptable to Manor Borough.
B. 
Be for a term of 18 months.
C. 
Be in an amount equal to 15% of the actual cost of the improvements and facilities so dedicated.
[Ord. No. 589-21-01, 6/16/2021]
1. 
The Borough Council may adopt by resolution, from time to time, a reasonable schedule of fees and expenses to cover the cost of review and report fees, including reasonable and necessary charges by the Borough's professional consultants, involving but not limited to, pre-submitted and pre-construction meetings, plan reviews, inspections and other activities necessary to administer, monitor and enforce the provisions of this chapter. All fees and expenses shall be set in accordance with the applicable provisions of the Municipalities Planning Code, 53 P.S. § 10101 et seq, including § 503(1) and § 510(g); and any dispute over the fee and expense amount shall be resolved in the manner prescribed by the Municipalities Planning Code.
2. 
The Borough shall be reimbursed for all internal and external costs incurred in relation to the review, consideration and inspection of stormwater management applications and the improvements made thereto and said fees and costs shall be charged to an applicant. The schedule of fees shall be as described in Appendix E of this chapter.[1] The Council of the Borough of Manor may by resolution, from time to time, revise and/or amend the schedule of fees to cover the cost of administrative and clerical processing, attendance at meetings including pre-submitted and pre-construction meetings, plan and calculation reviews, O&M plan and agreement reviews, site and construction inspections, post- construction inspections and all activities necessary to administer, monitor and enforce the provisions of this chapter. All external fees and expenses shall be billed to the applicant at a rate no more than the actual costs and expenses charged by professional consultant(s).
[1]
Editor's Note: Said appendix is included as an attachment to this chapter.
3. 
In the event that the Borough and the applicant cannot agree to the amount of fees and expenses, the Borough and the applicant shall resolved the dispute in the manner prescribed by the Municipalities Planning Code.