[Amended 1-10-1995 by Ord. No. 879; 6-14-2011 by Ord. No. 11-1240, § 29]
A. The
shall agree, in writing, to construct all
required by this chapter. The work shall be performed in strict accordance with the approved
and the Township
and Specifications,
36
Bucks County Water and Sewer Authority, or other Authority, or the applicable provisions of the Pennsylvania Department of Transportation. No
shall be finally approved until the
has completed all of the necessary and appropriate
as required as a condition for final approval of the
; or until such time as the
has provided a proper guaranty in the form of a performance bond or bonds with surety satisfactory to the Township, or by the deposit of funds or securities in escrow, equal to an amount deemed necessary by the Township
to cover the estimated construction cost and engineering cost for such improve ments. The
shall also guarantee that no
will be sold or
constructed in any flood-prone area prior to completion of all floodproofing measures planned for such
and necessary access facilities.
[Amended 6-14-2011 by Ord. No. 11-1240]
B. Any performance bond shall assure the complete installation of the required
within a period, and the proceeds of such bond shall be made payable directly to the Township for installation of the required
. The Board of Commissioners, with the consent of all parties to the bond, may extend such period upon written application of the
prior to the expiration of such period or upon its own motion at any time prior to a
of a default in the bond.
36. Editor’s Note: The Standards are on file with the Public Works Department.