Methods for use dedication and common area ownership and maintenance. The use of common areas and common area ownership and maintenance shall be addressed by one or a combination of the methods which follow. In any case, the developer shall document to the satisfaction of the Borough that the chosen method(s) will preserve the common area use rights established in accord with this section and provide for the perpetual ownership and maintenance of all open land, recreation land, and common facilities. All methods shall establish a mechanism for the Borough to effect the use dedication and require operation and maintenance of common areas, if the means established by the developer fail to provide the same. All methods for use dedication and common area ownership and maintenance, any combination of methods, and any change in method which may be proposed by the ownership and maintenance entity shall be subject to the approval of the Borough. Operation and maintenance provisions shall include, but not be limited to, capital budgeting for repair and/or replacement of common facilities, working capital, operating expenses, casualty and liability insurance, and contingencies.
(1) Property owners' association or condominium agreements. All common areas may be owned and maintained by a property owners' association (POA) or condominium agreements (CA), including all lot owners in the development, provided that:
(a) The POA/CA is established by the developer as a nonprofit corporation for the express purpose of ownership and maintenance of the common area or as otherwise may be required by state statute.
(b) Participation in the POA/CA is mandatory for all lot owners.
(c) Provision is made for the maintenance of common areas during the lot sale period and the orderly transition of responsibility from the developer to the POA.
(d) The POA/CA is empowered to assess POA/CA members to fund the administration of the POA/CA and other costs associated with the common area responsibilities.
(2) Transfer to a private conservation organization. In the case of open land and recreation land, the landowner may transfer fee simple title to the said areas, or parts thereof, to a private, nonprofit organization among whose purposes is the conservation of open land and/or natural resources, provided that:
(a) The deed contains the necessary covenants and restrictions in favor of the Borough to effect the use dedication and common area ownership and maintenance standards of this section and this chapter.
(b) The organization proposed is a bona fide, operating and stable conservation organization with a perpetual existence, as approved by the Borough.
(c) The conveyance of title contains the necessary provisions for proper retransfer or reversion if the organization is unable to continue to execute the provisions of title.
(d) A maintenance agreement between the developer, the organization and the Borough is executed to the satisfaction of the Borough and its solicitor.
(3) Deed-restricted private ownership. On privately held lands used for agriculture, forestry enterprises and other uses permitted on open land in accord with this chapter, deed restrictions may be used to preserve open land, provided that such restrictions include a conservation easement in favor of the Borough, with provisions for reversion to the Borough, POA or trustee holding the remainder of the common area. Title to such restricted lands may be transferred to other parties for use as restricted by the deed.
(4) Deed or deeds of trust. The landowner may provide, as approved by the Borough, for the use, ownership and maintenance of common area by establishing a trust for the same via a deed or deeds. The trustee shall be empowered to levy and collect assessments from the property owners for the operation and maintenance of the development.
(5) Conservation easements held by the Borough. In the case of open lands and recreation lands, the Borough may, but shall not be required to, accept title to conservation easements on any such lands. In such cases, the land remains in the ownership of an individual, POA or condominium, while the development rights are held by the Borough. The lands may be used for agriculture, forestry enterprises and other uses permitted on open land in accord with this chapter, and title to such lands may be transferred to other parties for use as restricted by the conservation easement.
(6) Fee simple and/or easement dedication to the Borough. In the case of open lands or recreation lands, the Borough may, but shall not be required to, accept in fee the title to any such lands, or any interests (such as development rights or conservation easements) therein, for public use and maintenance, provided that:
(a) There is no consideration paid by the Borough.
(b) Such land is freely accessible to the public.
(c) The Borough agrees to and has access to maintain such lands.