Each permit application shall include a written evaluation and cost estimate for completely dismantling and removing the PSES from the property, prepared by an engineering firm qualified as an expert in dismantling and removing solar energy systems. Before the Township issues a permit and before any construction or operation of the PSES begins, the property owner shall, at its own cost and expense, obtain and maintain a bond or other form of financial security acceptable to the Township, from a surety licensed to do business in Pennsylvania, in an amount equal to 125% of the written cost estimate, plus any additional amounts the Township deems reasonably necessary depending on the specific circumstances and potential additional costs and expenses, to assure the faithful performance of the terms and conditions of this Part. The language in the bond or other financial security shall be reviewed and approved by the Township Solicitor, and shall provide that the Township may recover from the principal and surety any and all compensatory damages, costs, and expenses incurred by the Township for violations of this Part, including dismantling and removing the PSES, if necessary, after reasonable notice and opportunity to cure. Every five years the amount of the surety shall be increased by an amount corresponding with the rate of inflation over that five-year period. However, the property owner may submit a new or updated written evaluation and cost estimate for dismantling and removing the PSES from the property, prepared by an engineering firm qualified as an expert in dismantling and removing solar energy systems, and if accepted by the Township, the amount of the required surety shall be 125% of that written cost estimate, plus any additional amounts the Township deems reasonably necessary depending on the specific circumstances and possible additional costs and expenses.