Pursuant to the provisions of N.J.S.A. 40:55d-39 and N.J.S.A. 40:55d-65 every application for development submitted to the Planning Board (including specifically preliminary and final approvals) shall be accompanied by proof that no taxes or assessments for local improvements are due or delinquent on the property which is the subject of such application; and if it is determined that taxes or assessments are delinquent on the property, the application for development shall not be deemed to be a complete application until the applicant either makes prompt payment of such delinquent taxes or assessments, or adequate provision satisfactory to the Borough of Allentown for the payment thereof in such manner that the Borough will be adequately protected. No decision or approval shall be rendered by the Borough Agency except in accordance herewith.