A.
All improvements (except electric, gas and water main
extensions to a privately owned utility company) shall be installed
under the supervision and inspection and to the satisfaction of the
Borough Engineer, the cost thereof to be borne by the developer.
B.
In order to cover the cost of inspection, an amount
equal to 4% of all improvements, as estimated in advance by the Borough
Engineer and approved by the Planning Board, shall be deposited in
the form of cash or certified check with the Borough Administrator
before commencement of any construction. Charges for inspection services
shall be in accordance with prevailing agreements between the Borough
and the personnel involved. If said deposit shall be insufficient,
any additional, reasonable inspection cost as approved by the Planning
Board shall be paid by the developer before the improvement is accepted.
Any balance from the deposit after inspection costs have been deducted
therefrom shall be refunded to the developer.
No construction work relative to the installation
of required improvements shall commence without the Borough Engineer
or other responsible officer being notified at least 48 hours before
the commencement of said work. No street underground installations
shall be covered until inspected and approved by the Engineer or other
authorized official.
Failure of the developer, his contractor or
agents to conform to the specifications for installing improvements
indicated above or to conform to the preliminary plat plan as approved
by the Planning Board will be just cause for the suspension of work
being performed, and no person, firm or corporation shall have the
right to demand or claim damages from the Borough of Caldwell, its
officers, agents or servants, by reason of such suspension.
