§ 153.235 PERFORMANCE GUARANTEE AND REVOCATION FOR APPROVED SITE PLANS.
   (A)   (1)   To ensure compliance with the provisions of this chapter and any conditions imposed in the approval of the site plan by the Planning Commission, the Planning Commission may require that a cash deposit, certified check, irrevocable bank letter of credit, or surety bond acceptable to the Planning Commission covering the estimated costs of improvements associated with a project for which a site plan approval is sought be deposited with the Township Clerk to ensure faithful completion of the improvements.
      (2)   The performance guarantee if required shall be deposited at the time of the issuance of the building permit authorizing the activity or project and shall be refunded at a time that a final occupancy permit is issued by the Building Official.
    (B)   (1)   Any site plan approval shall be revoked when construction of the development is not in conformance with the approved plans, in which case the Planning Commission shall give the applicant notice of intention to revoke the approved plans at least 10 days prior to review of the violation by the Planning Commission.
      (2)   After conclusion of the review, the Planning Commission shall revoke its approval of the development if the Commission feels that a violation in fact exists and has not been remedied prior to the hearing.
   (C)   (1)   The approval by the Planning Commission of any site plan under the provisions of this chapter shall expire and be considered automatically revoked 1 year after the date of the approval unless actual construction has commenced and is proceeding in accordance with the issuance of a valid building permit.
      (2)   If construction activity ceases for any reason for a period of more than 1 year, any subsequent use of the land shall be subject to review and approval of a new site plan for the property in conformance with the regulations specified by this chapter, except that the Planning Commission may, at its discretion, upon application by the owner and for cause shown, provide for up to 2 successive 12-month extensions.
(Ord. 99, passed 11-18-1996, § 17.06; Am. Ord. 145, passed 1-17-2006)