The improvement construction requirements set
forth in this article apply to all applicants submitting a final plan
for subdivision or land development in Franconia Township. No lot
in a subdivision may be sold; no permit to erect, alter or repair
any building upon land may be issued, and no building may be erected,
unless the improvements required by the Board of Supervisors in connection
therewith have either been constructed or guaranteed herein in this
article.
[Amended 9-14-1987 by Ord. No. 136; 11-12-1990 by Ord. No. 177]
A. No subdivision and/or land development shall be finally
approved unless the streets shown on the plan have been improved and
any walkways, curbs, gutters, streetlights, fire hydrants, shade trees,
water mains, sanitary sewers, storm sewers and other improvements
as required by this chapter have been installed in accordance with
this chapter. In lieu of the completion of any improvements required
as a condition for final approval, the applicant may deposit with
the township financial security in an amount sufficient to cover the
costs of such improvements or common amenities, including but not
limited to roads, stormwater detention and/or retention basins and
other related drainage facilities, recreational facilities, open space
improvements or buffer or screen plantings which may be required.
Financial security may be in the form of federal or commonwealth-chartered
lending institutions, irrevocable letters of credit and restrictive
or escrow accounts in such lending institutions. Such financial security
shall be posted with a federal- or commonwealth-chartered lending
institution chosen by the applicant, provided that said lending institution
is authorized to conduct such business within the commonwealth. The
financial security shall provide for and secure for the public the
completion of the improvements and common amenities required on or
before the completion date fixed in an accompanying agreement for
completion of the improvements.
B. The amount of financial security shall be equal to
110% of the cost of completion estimated as of 90 days following the
date scheduled for completion by the developer. The amount of the
financial security required shall be based upon an estimate of the
cost of completion of the required improvements and common amenities
as submitted by the applicant or developer and prepared by a professional
engineer, licensed as such in this commonwealth, and certified by
such engineer to be a fair and reasonable estimate of such cost. The
cost of completion of the improvements shall include reimbursement
to the township for reasonable and necessary expenses incurred for
the inspection of the improvements. Such reimbursement shall be based
upon a schedule established by ordinance or resolution of the Board
of Supervisors.
C. The township, upon the recommendation of the Township
Engineer, may refuse to accept such estimate for good cause shown.
If the applicant or developer and the township are unable to agree
upon an estimate, then the estimate shall be recalculated and recertified
by another professional engineer, licensed as such in this commonwealth,
and chosen mutually by the township and the applicant or developer.
The estimate certified by the third engineer shall be presumed fair
and reasonable and shall be the final estimate. In the event that
a third engineer is so chosen, fees for the services of said engineer
shall be paid equally by the municipality and the applicant or developer.
D. If the applicant or developer requires more than one
year from the date of posting of the financial security, the township
may adjust the amount of the 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. After such adjustment, the township
may require the developer to post additional security in order to
assure that the financial security equals 110% of the estimated cost
for the completion of the remaining improvements, and the amount may
be increased by an additional 10% for each one-year period on the
first anniversary date from posting of financial security or to an
amount not exceeding 110% of the cost of completing the required improvements
as reestablished on or about the expiration of the preceding one-year
period by using the above procedure.
E. When requested by the applicant or developer in order
to facilitate financing, the township shall furnish the applicant
or developer with a signed copy of a resolution indicating approval
of a final subdivision and/or land development plan contingent upon
the applicant or developer obtaining a satisfactory financial security.
The final subdivision and/or land development plan shall not be signed
nor recorded until a financial improvements agreement is executed.
The resolution or letter of contingent approval shall expire and be
deemed to be revoked if the financial security agreement is not executed
within 90 days, unless a written extension is granted by the township.
Such extension shall not be unreasonably withheld and shall be placed
in writing at the request of the applicant or developer.
All sewers (capped and operative), water, gas,
electric, telephone and other pipes and conduits and all service connections
or laterals shall be laid to the full width of the ultimate right-of-way,
where the need therefor can be reasonably anticipated, before streets
are paved. The arrangements for said service connections or laterals
shall be the responsibility of the subdivider, developer or builder.
Certain improvements beyond the geographical boundaries of a site to be subdivided and/or developed, including but not limited to road improvements, may be required to be constructed where it can clearly be demonstrated that such improvements have been made necessary solely through the additional burden imposed by the subdivision and/or development of the site. The Solicitor shall render final judgment in any instances where a dispute arises as to the direct causal relationship for the improvement(s). The subdivider or developer may be required to cover costs which must be incurred by the township or other governmental jurisdiction in order to make these improvements feasible (for example, but not limited to, right-of-way acquisition). The legal and financial arrangements to cover costs of the off-site improvements shall be the same as those herein prescribed for §
122-38.