Morrisville UDO - June 2017 version
ARTICLE 8: PERFORMANCE AND MAINTENANCE ..................................................................... 8-1 Section 8.1. Performance.......................................................................................................................8-1
8.1.1. Review for Compliance ..................................................................................................................................................8-1
8.1.2. Phasing of Development ................................................................................................................................................8-1
A. Phasing Criteria ...............................................................................................................................................................8-1
B. Temporary Measures .....................................................................................................................................................8-1
8.1.3. Payment in Lieu of Construction of Public Street Improvements ............................................................................8-1
A. General .............................................................................................................................................................................8-1
B. Form of in Lieu Payment ................................................................................................................................................8-2
C. Amount of in Lieu Payment............................................................................................................................................8-2
D. Use of in Lieu Funds ........................................................................................................................................................8-2
8.1.4. Performance Guarantees ..............................................................................................................................................8-2
A. General .............................................................................................................................................................................8-2
B. Term of Performance Guarantee ................................................................................................................................8-2
C. Form of Performance Guarantee ................................................................................................................................8-2
D. Amount of Performance Guarantee............................................................................................................................8-3
E. Release or Reduction of Performance Guarantees .................................................................................................8-3
F. Default and Forfeiture of Performance Guarantee ................................................................................................8-4
Section 8.2. Maintenance ......................................................................................................................8-4
8.2.1. General Maintenance Requirement.............................................................................................................................8-4
8.2.2. Maintenance Guarantees ..............................................................................................................................................8-4
A. General .............................................................................................................................................................................8-4
B. Term of Maintenance Guarantees...............................................................................................................................8-5
C. Form of Maintenance Guarantees...............................................................................................................................8-5
D. Amount of Maintenance Guarantees ..........................................................................................................................8-5
E. Release or Reduction of Maintenance Guarantees .................................................................................................8-6
F. Default and Forfeiture of Maintenance Guarantee ................................................................................................8-6
Made with FlippingBook Annual report