[Amended 4-25-2018 by Ord. No. 2018-10]
For the purposes of this section, the term "public improvements" shall mean only those improvements required by Board approval or developer's agreement, ordinance or regulation of the Township which are to be dedicated to the Township or any other public entity and that have not yet been installed which are improvements as shown on approved plans or plot plans for streets, pavements, gutters, curbs, sidewalks, streetlighting, street trees, surveyors' monuments as shown on the final map and required by the Map Filing Law, water mains, sanitary sewers, community septic systems, drainage structures, public improvements for open space, and any grading necessitated by the preceding improvements. If required within an approved phase of a project, the performance guarantees shall also include perimeter buffer landscaping as required by local ordinance or as a condition of Board approval.
A. Requirements specific to major subdivisions.
(1) No final major subdivision application, whether for an entire tract or a section thereof, shall be approved by the Board until the satisfactory completion and performance of all required public improvements has been certified to the Board by the Township Engineer unless the applicant has:
(a) Satisfactorily completed all required utility installations and their appurtenances, including water mains, drainage and detention facilities, culverts, storm sewers, sanitary sewers or dry sewers and public improvements of open space;
(b) Satisfactorily completed all required grading and the macadam base course surfacing of all streets;
(c) Satisfactorily completed the construction of all required curbs; and/or
(d) All remaining required improvements shall not be subject to a performance guarantee but are still subject to inspection by the Township Engineer as set forth hereinafter to ensure installation of said improvements as required on or before an agreed date and as hereinafter provided.
(2) Except as hereafter provided, the remaining required private improvements shall be at least 50% complete within one year from the date of final approval or by such time as 50% of the lots in the section in question have been conveyed in any manner by the applicant, whichever shall occur first. At least 75% of the remaining required private improvements shall be complete within 18 months from the date of final approval, or at such time as 75% of the lots in the section in question have been conveyed in any manner by the applicant, whichever occurs first. Said private improvements shall be 100% complete and accepted by the Township within two years from the date of final approval or at such time as all of the lots in the section in question have been conveyed in any manner by the applicant, whichever occurs first. It is the intention of the Township Committee that this requirement will provide to those living in each new section of the subdivision a lot that is as complete as possible with respect to tract and individual lot improvements.
B. Requirements specific to major site plans. No final major site plan application, whether for an entire tract or a section thereof, shall be approved by the Board unless:
(1) The Township Engineer has certified to the Board that all public improvements required by the preliminary site plan approval have been satisfactorily completed; or
(2) The applicant, with the approval of the Planning Board, has entered into a developer's agreement with the Township, in a form satisfactory to the Township Attorney and authorized by the governing body, requiring the installation and maintenance of the public improvements by the applicant and successors in interest; imposing such limitations upon and/or staging of the development of the site as are necessary to ensure orderly construction of the public improvements on or before an agreed upon date by the filing of a performance guaranty in accordance with §
176-22D.
C. Requirements specific to minor subdivisions and minor site plans. In the case of a minor site plan and/or minor subdivision, in the event that the developer elects to complete all improvements without posting the performance guaranty required by §
176-22D, no construction shall be commenced until a revised plan incorporating all conditions of approval is submitted and signed. The developer shall still post the inspection escrow and notify the Township Engineer prior to commencement of work. The Township shall have the power to waive the requirement of an inspection escrow for minor site plans only where the site improvements are established to be less than $3,500, in which case the Township building inspection staff shall perform the inspections and notice of work to be commenced shall be given to the Township Uniform Construction Code Official instead of to the Township Engineer. Whether or not an inspection escrow is required, all site improvements under this subsection must be completed prior to the issuance of a certificate of occupancy.
D. Performance guaranty.
(1) A performance guarantee for only those improvements to be dedicated to the Township, or, if applicable, for perimeter buffer landscaping, shall be prepared by the Township Engineer for review and approval, setting forth all required improvements, as determined by the Board, and their estimated cost. No performance guarantee shall be required for the installation of utilities, and they will be installed by the applicable utility company. Any adjustment in the amount of the guarantee shall be approved by resolution of the Township Committee. At the developer's option, a separate performance guarantee may be posted for the privately owned perimeter buffer landscaping.
(2) The cost of the installation of the required improvements shall be estimated by the Township Engineer based on documented construction costs for public improvements prevailing in the Township.
(3) The applicant shall present two copies of the performance guaranty, in an amount equal to 120% of the approved construction cost estimate, for approval as to form and execution by the Township Attorney. Additional copies of the performance guaranty shall be forwarded by the owner to the Planning Board. The performance guaranty estimates, as prepared by the Township Engineer and approved by the Township Committee, shall be appended to each performance guaranty posted by the obligor.
(4) The performance guaranty shall be made payable and deposited to the Township and shall be in the form of cash, irrevocable letter of credit, certified check, or performance bond, from an acceptable surety company licensed to do business in the State of New Jersey, in which the applicant shall be a principal. The Township shall issue its receipt for such deposits. Deposits shall automatically renew for one-year periods and shall be retained as security for completion of all required work until the Township provides a resolution that the required work has been completed or, in the event of default on the part of the applicant, shall be used by the Township to pay the cost and expense of completing all requirements. Upon receipt of the resolution from the Township that the work has been completed satisfactorily, the deposits shall be returned to the applicant.
(5) Ten percent of the amount of the approved performance guaranty shall be deposited by the applicant in cash with the Township. The remaining 90% may be in cash, irrevocable letter of credit or surety bond. In the event of default, the 10% cash shall be applied to the completion of the requirements and any bidding and legal costs associated therewith. If the 10% cash is insufficient, the remaining 90% cash, letter of credit or surety bond shall be used for the completion of the requirements and any additional bidding and legal costs associated therewith.
E. Default by developer. If the required improvements are not completed or corrected in accordance with the performance guaranty, the obligor and surety, if any, under the performance guaranty shall be liable to the Township for the cost of the improvements not completed or constructed, and the Township, either prior to or after receipt of the proceeds thereof, may complete the improvements. Such completion or correction of improvements shall be subject to the public bidding requirements of the Local Public Contracts Law, P.L. 1971, c. 198. For the purposes of this subsection, "default" shall mean failure to install the improvements in accordance with the Township standards of construction, including, but not limited to, failure to install the improvements prior to the expiration of the performance guaranty. The Township Engineer's certification that the developer has defaulted in compliance with the required standards of construction and installation of improvements shall be the basis for Township Committee action which rejects the improvements, withholds approval, withholds construction permits or formally declares default and authorizes collection on the performance guaranty.
F. Penalties. In addition to penalties for violation in accordance with §
176-13, the Township Engineer is specifically authorized to require the replacement of any lands, buildings, structures and site improvements (including clearing, whether on site or off site), or of any other work commenced or continued on any site in violation of any stop-construction order or the standards for construction as established by the Township.