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