PRINTER'S NO. 2894
No. 2159 Session of 2001
INTRODUCED BY HANNA, BARRAR, BELFANTI, BENNINGHOFF, CAPPELLI, CORRIGAN, CURRY, GEORGE, GRUCELA, HENNESSEY, HORSEY, KELLER, MAITLAND, MELIO, PALLONE, SCHULER, SHANER, THOMAS, TIGUE, TRELLO, WASHINGTON, WILT, WOJNAROSKI AND YOUNGBLOOD, NOVEMBER 19, 2001
REFERRED TO COMMITTEE ON LOCAL GOVERNMENT, NOVEMBER 19, 2001
AN ACT 1 Amending the act of July 31, 1968 (P.L.805, No.247), entitled, 2 as amended, "An act to empower cities of the second class A, 3 and third class, boroughs, incorporated towns, townships of 4 the first and second classes including those within a county 5 of the second class and counties of the second through eighth 6 classes, individually or jointly, to plan their development 7 and to govern the same by zoning, subdivision and land 8 development ordinances, planned residential development and 9 other ordinances, by official maps, by the reservation of 10 certain land for future public purpose and by the acquisition 11 of such land; to promote the conservation of energy through 12 the use of planning practices and to promote the effective 13 utilization of renewable energy sources; providing for the 14 establishment of planning commissions, planning departments, 15 planning committees and zoning hearing boards, authorizing 16 them to charge fees, make inspections and hold public 17 hearings; providing for mediation; providing for transferable 18 development rights; providing for appropriations, appeals to 19 courts and penalties for violations; and repealing acts and 20 parts of acts," further providing for the bonding time period 21 to secure structural integrity. 22 The General Assembly of the Commonwealth of Pennsylvania 23 hereby enacts as follows: 24 Section 1. Section 509(k) of the act of July 31, 1968 25 (P.L.805, No.247), known as the Pennsylvania Municipalities 26 Planning Code, reenacted and amended December 21, 1988
1 (P.L.1329, No.170), is amended to read:
2 Section 509. Completion of Improvements or Guarantee Thereof
3 Prerequisite to Final Plat Approval.--* * *
4 (k) Where the governing body accepts dedication of all or
5 some of the required improvements following completion, the
6 governing body may require the posting of financial security to
7 secure structural integrity of said improvements as well as the
8 functioning of said improvements in accordance with the design
9 and specifications as depicted on the final plat for a term not
10 to exceed [18] 36 months from the date of acceptance of
11 dedication. Said financial security shall be of the same type as
12 otherwise required in this section with regard to installation
13 of such improvements, and the amount of the financial security
14 shall not exceed 15% of the actual cost of installation of said
15 improvements.
16 * * *
17 Section 2. This act shall take effect in 30 days.
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