[Res. 86-3, 2/24/1986; as amended by Ord. 2007-02-01, 2/12/2007]
1. 
The following criteria are established as prerequisites for the grant of EDUs to any applicant:
A. 
The applicant must own the property to be served by the EDUs being requested.
B. 
The applicant must have a final approved subdivision, land development or PRD plan showing at least the number of units for which EDUs are being requested or in the case of an individual the right to a building or zoning permit.
C. 
All approvals from outside agencies must be served prior to EDU allocation.
D. 
Standard improvement contracts with appropriate security must be in place with the Township.