(A) The applicant shall provide a financial guarantee to the municipality for the timely installation and proper construction of all stormwater management controls as required by the approved SWM Site Plan and this chapter, equal to 110% of the full construction cost of the required controls in accordance with the Municipalities Planning Code, 53 P.S. §§ 10101 et seq.
(B) At the completion of the project and as a prerequisite for the release of the financial guarantee, the applicant shall:
(1) Provide a certification of completion from an engineer, architect, surveyor or other qualified person, verifying that all permanent facilities have been constructed according to the SWM Site Plan and Report and approved revisions thereto;
(2) Provide a set of record drawings; and
(3) Request a final inspection from the city to certify compliance with this chapter, after receipt of the certification of completion and record drawings by the city.
(Ord. 1508, passed 12-20-2010)