In order to ensure the full and faithful completion of all land
development activities related to compliance with all conditions set
forth by the Town of Union Vale in its approval of the stormwater
pollution prevention plan, the Town of Union Vale may require the
applicant or developer to provide, prior to construction, a performance
bond, cash escrow, or irrevocable letter of credit from an appropriate
financial or surety institution which guarantees satisfactory completion
of the project and names the Town of Union Vale as the beneficiary.
The security shall be in an amount to be determined by the Town of
Union Vale based on submission of final design plans, with reference
to actual construction and landscaping costs for the installation
of the required stormwater management practices.
The Town of Union Vale may require any person undertaking land
development activities regulated by this chapter to pay reasonable
costs at prevailing rates for reviews of stormwater pollution prevention
plans and other required documents, inspections, or maintenance of
stormwater management practices (SMPs) performed by the Town of Union
Vale or performed by a third party for the Town of Union Vale.