The manager may require the purchaser to provide a performance bond in an amount he determines necessary to protect the borough’s interest and ensure satisfactory compliance of the contract stipulations. A purchaser may use a state-wide bond to meet the performance bond requirements. [Ord. 98-25 §2, 1998; Ord. 84-61-O §10, 1984; Ord. 78-25-O §1, 1978].