[Ord. No. 337, 5/15/2024]
(a)
For subdivisions and land developments, the applicant shall provide a financial guarantee to the Township for the timely installation and proper construction of all stormwater management controls as: 1) required by the approved drainage plan equal to or greater than the full construction cost of the required controls, or 2) in the amount and method of payment provided for in the Subdivision and Land Development Ordinance[1] in accordance with the provisions of Sections 509, 510 and 511 of the Pennsylvania Municipalities Planning Code.[2]
(b)
For other regulated activities, the Township may require a financial guarantee from the applicant.
(c)
At the completion of the project, and as a prerequisite for the release of the performance guarantee, the applicant or his representatives shall:
(d)
After the Township receives the certification, a final inspection shall be conducted by the Township or designee to certify compliance with this chapter.