The fee required by this Part 1 is the municipal review fee. The municipal review fee shall be established by the municipality by separate resolution or by ordinance to defray review costs incurred directly or indirectly by the municipality and the Municipal Engineer. All fees shall be paid by the applicant.
The fees required by this Part 1 shall at a minimum cover:
A.
The review of the stormwater management site plan by the municipality or its designee.
B.
The development site inspection.
C.
The inspection of stormwater management facilities and drainage improvements during construction.
D.
The final inspection upon completion of the stormwater management facilities and drainage improvements presented in the stormwater management site plan.
E.
Any additional work required to enforce any permit provisions regulated by this Part 1, correct violations, and assure proper completion of stipulated remedial actions.
F.
Defray administration and clerical costs.
A.
An improvement security (bond or letter of credit) for stormwater related improvements shall be supplied by the developer in conjunction with the subdivision/land development approval or in conjunction with the stormwater management site plan approval if no subdivision/land development plan is required.
B.
The applicant shall provide an improvement security to the municipality for the timely installation and proper construction of all stormwater management facilities as required by the approved stormwater management site plan and this Part 1 equal to 110% of the construction cost of the required controls.