The construction of all improvements required by this subchapter shall be paid for and completed by the applicants/owners of the private road. The township may require that a bond, cash or letter of credit be submitted by the applicant for the completion of the private road or required upgrades. The security shall be in a form approved by the township, payable to the township and in the amount of the township's estimate of the cost of all improvements.
(Ord. 06-01, passed 3-21-2006)