Upon completion of street and drainage systems, or any public improvements to be dedicated to the Township, as set forth on the final plan, the developer shall request the Township accept ownership and perpetual maintenance. The Township's acceptance shall require the following:
A. 
Certificate by the Township Engineer that the improvements have been completed as shown on the final plan and in accordance with Township ordinances, resolutions and specifications.
B. 
Formal acceptance by the Township of the improvements on a form supplied by the Township.
C. 
The Township shall require the posting of financial security for any improvements to be accepted. Said financial security is for the structural integrity and/or functioning of said improvements for a period of 18 months from the date of acceptance by the Township and shall be in the amount allowed by Section 509 of the Pennsylvania Municipalities Planning Code, as amended, which is 15% of the actual cost of installation.
D. 
Submission by the developer of as-built drawings of said improvements. As-built drawings are to be permanent drawings on stable plastic drafting film prepared by a professional engineer or land surveyor. Where the engineer uses a computer-aided drafting system, the Township will request an electronic copy of the plan and the public improvements.
E. 
Improvements offered to any municipal authority shall be subject to the rules and acceptance process of that authority. Proof of acceptance will be required.