1. Adjustments.
A. In the event that the reserve capacity of any developer shall be determined to be insufficient for the subdivision or land development during the term of any permit, and the developer shall request additional reserve capacity, such request shall be processed as a new application in accordance with the provisions of § 26-116.
B. If, after 5 years from the date of final approval by the Township, a subdivision or land development is still in need of all or a portion of the water capacity originally reserved, the developer shall make application to the Township for continued reserve capacity which shall be processed as a new application in accordance with the provisions of § 26-116.
2. Transfer/Resale. A developer may not sell or transfer reserve water capacity to other land owners without prior written approval of the Township except if a purchaser of reserve water capacity sells the real property to which the rights have been granted, the rights must be transferred to the purchaser of the property with notice to the Township.
(Ord. 97-7, 5/27/1997, § 12.12)