Culvert. If the driveway inspector determines that a culvert is necessary, then an additional One Thousand and No/100 Dollars ($1,000.00) shall be provided by the Developer and added to the Financial Guaranty. This amount shall be returned to the Developer if the culvert is installed properly and not damaged during construction. The cost of the culvert and aprons is the responsibility of the Developer. If the culvert is not installed properly, or is damaged during construction, and the Developer does not repair the same to the specifications of the Township within five (5) calendar days of written notice by the Town Board to the Developer, then the Town Board may draw down the deposit, as well as drawing down the Financial Guaranty, as necessary, to correct the problem with the culvert.
Appears in 2 contracts
Sources: Development Contract, Development Contract