Financial Security Agreement Sample Contracts

FINANCIAL SECURITY AGREEMENT
Financial Security Agreement • March 22nd, 2022 • Pennsylvania

WHEREAS, DEVELOPER has approved a final land development plan (hereinafter called “Plan”) as such term is defined in the Municipalities Planning Code, Act of July 31, 1968, P.L. 805, No. 247, as reenacted and amended,

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FINANCIAL SECURITY AGREEMENT – PERFORMANCE BOND
Financial Security Agreement • November 4th, 2019

("Developer"), and the TOWNSHIP OF TREDYFFRIN, a Pennsylvania township governed by a home rule charter, with an address of 1100 DuPortail Road, Berwyn, Pennsylvania 19312 ("Township").

FINANCIAL SECURITY AGREEMENT
Financial Security Agreement • April 17th, 2021 • Pennsylvania

THIS FINANCIAL SECURITY AGREEMENT (together with all modifications and amendments, the “Agreement”) made this day of , 20 by WEST NANTMEAL TOWNSHIP, Chester County, Pennsylvania, a political subdivision of the Commonwealth of Pennsylvania having an address of Box 234, Elverson, Pennsylvania 19520

FINANCIAL SECURITY AGREEMENT – LOAN SET-ASIDE
Financial Security Agreement • November 4th, 2019

("Developer"), and the TOWNSHIP OF TREDYFFRIN, a Pennsylvania township governed by a home rule charter, with an address of 1100 DuPortail Road, Berwyn, Pennsylvania 19312 ("Township").

FINANCIAL SECURITY AGREEMENT PERFORMANCE BOND
Financial Security Agreement • September 13th, 2018

hereinafter called Developer, and FIDELITY AND DEPOSIT COMPANY OF MARYLAND, as Surety, hereinafter called Surety, are held and firmly bound unto POTTSTOWN BOROUGH AUTHORITY, Montgomery County, Pennsylvania, as Obligee, hereinafter called Authority or Obligee, in the amount of Five Hundred Twenty-Five Thousand and Seven Dollars ($525,007.00), for the payment whereof Developer and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.

FINANCIAL SECURITY AGREEMENT
Financial Security Agreement • September 23rd, 2013

Certain public or on-site improvements, including paved parking, drainage, curb/gutter sidewalks and landscaping, are required by City Code. During certain seasons of the year, it is impractical for these improvements to be installed concurrently of completions of development. Where a Certificate of Occupancy is requested prior to the completion of such required improvements, the applicant shall provide financial security in the amount of 125% of the estimated cost of materials and labor to ensure such improvements are completed. As soon as practical, follow project completion financial security forms with supporting contracts or bids itemizing the project completion and letter of authorization which shall be submitted to the Community Development Department. Include is this supporting contracts a completion date for improvements. The same instrument may cover several City Departments for completion of the project.

FINANCIAL SECURITY AGREEMENT – CASH ESCROW HELD BY TOWNSHIP
Financial Security Agreement • November 4th, 2019

("Developer"), and the TOWNSHIP OF TREDYFFRIN, a Pennsylvania township governed by a home rule charter, with an address of 1100 DuPortail Road, Berwyn, Pennsylvania 19312 ("Township").

FINANCIAL SECURITY AGREEMENT WATER IMPROVEMENTS
Financial Security Agreement • June 22nd, 2011 • Pennsylvania

THIS AGREEMENT, dated this day of A.D., 2011 is made by and between the Municipal Authority of the Township of Upper Southampton, , with offices at 945 Street Road, Southampton, Bucks County, Pennsylvania 18966 (hereinafter "Authority") and Centennial School District, 433 Centennial Road, Warminster PA 18974 (hereinafter "Owner/Developer") and Pennsylvania School District Liquid Asset Fund (hereafter “Fund”).

FINANCIAL SECURITY AGREEMENT – LETTER OF CREDIT
Financial Security Agreement • November 4th, 2019

("Developer"), and the TOWNSHIP OF TREDYFFRIN, a Pennsylvania township governed by a home rule charter, with an address of 1100 DuPortail Road, Berwyn, Pennsylvania 19312 ("Township").

AMENDED AND RESTATED FINANCIAL SECURITY AGREEMENT
Financial Security Agreement • June 16th, 2021 • Pennsylvania

THIS AGREEMENT is made this day of April, 2021 (the “Effective Date) (“Agreement”), by and among, THE TOWNSHIP OF SOUTH FAYETTE, a First Class Township and political subdivision of the Commonwealth of Pennsylvania situated in Allegheny County, Pennsylvania with its principal office located at 515 Millers Run Road, Morgan, PA 15064.(the “Township”); and

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