Greenwich Township, Berks County

"v. The PSES owner or operator shall post and maintian Financial Security for Decommissioning in an amount equal to Net Decommissioning Costs (the "Financial Security Decommissioning") before or contemporaneous with the Township's final approval of the Land Development Plan. At no point thereafter shall the Financial Security for Decommissioning be less than twenty-five percent (25%) of Decommissioning Costs. The funds for the Financial Security for Decommissioning shall be posted and maintained with a bonding company, or Federal or Commonwealth chartered lending institution chosen by the PSES owner, operator, or participating landowner posting the financial security, provided that the bonding company or lending institution is authorized to conduct such business within the Commonwealth and is approved by the Township; vi. The Financial Security for Decommissioning may be in the form of a performance bond, surety bond, letter of credit, corporate guarantee or other form of financial assurance as may be acceptable to the Township;"