Greenwood Township, Juniata County

"c. At the time of issuance of the permit for the construction of the PSES, the owner shall provide evidence that financial security will be in place at the start of commercial operation in the form and amount of a bond, irrevocable letter of credit, or other financial security acceptable to the township to secure the expense of dismantling and removing said PSES and restoration of the land to its original condition, in the amount of 125% of the estimated decommission cost minus the salvageable value. The initial submission of said financial security must be approved by the Township engineer. Every 5 years a new engineer's estimate of probable cost of decommissioning shall be submitted for approval in the same manner as the initial submission, and the bond, letter of credit, or other financial security acceptable to the township shall be adjusted upward or downward as necessary. d. The PSES owner must ensure that the surety company securing said commercial operation provides notice to the township thirty (30) days prior to the expiration or termination of any bond. Failure to maintain a bond at all times with constitute a material and significant violation subject to fines and revocation of the zoning permit. The PSES owner will be responsible for the payment of the reasonable attorney fees, professional fees and costs incurred by the Township in the event that the PSES is not voluntarily removed in the event of abandonment or decommissioning." "[Upon notification to the township of cessation or abandonment of the operation, the PSES owner must submit a Decommissioning Plan. Said plan must include:] ii. Proof of a bond or other financial security acceptable to Township in its sole reasonable discretion to secure the expense of dismantling and removing said PSES and restoration of the land to its original condition pursuant to 14(c) above;"