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SECT t ~~ ~ ltlP.F.AYEMENT.S <br />- 8sfore a final pint of a subdivision shall be <br />approved ,_ 1_mQrovements shall be Prov a as <br />fo lows, yr a security bond, or cash. or a <br />sans#actory. Irrevocable tatter of credit by <br />an~approved Institution and as approved by the <br />Orange County Attorney shall be posted with <br />Orange County by the subdivider to provide for <br />the completion of the required improvements. <br />Mhere a neighborhood or homeowners association <br />or similar legal .entity is to be responsible <br />for the maintenance and control of any <br />improvements required as part of subdivision <br />apprQVal~ the subdivider shall ##le with the <br />Planning ©apartment and record with the final <br />plat, a declaration of covenants and <br />restrtctions, art?ties of incorporation, where <br />required. and/or by-laws as approved by the <br />County Attorney that will -govQrn -the <br />maintenance and control of such improvements. <br />T~rovisions shall include but not be 1lwlted to <br />the following: <br />(H) The a~s9c i at i OA HhA 1 1 ~3e ~Estab ! i sljed <br />before any hooves are sold and any building <br />. occupied; . <br />- ~ - - (b) Membership shall be mandatory for each <br />home boyar and a1I successive buyers; <br />- (c} The association shall be responsible for <br />- the liability insurance, local taxes and <br />maintenance of recreation ahd Other <br />facilities. including streets and utility <br />' - ! i nes; - <br />- (d) The homeowners must pay their pro rate <br />•_ share of the costs, and nny sums levied by <br />the assoc i ati~- that rea-a 1A nApa f d shat 1 <br />become a lien on the IndivJduaJ homeowners <br />.~ - property which shall be subordinate only <br />to tax and mortgage ltens;~' <br />- ( e) i # -a i I or any portion ~of • -~ha ,~property <br />- ~ held by the association Is -being disposed <br />o#~ or i# tKe assoctetiaA is dissolved. <br />.•.- adequate recreation specs shall be dQeded <br />- -••• •-• •••- - - •- to prangs County or the appropriate •unit <br />- ~ - - of i oca 1 government to satisfy the <br />. ~- requirements for public recreation spate <br />- ~+nder Sec#ion IY-$-7-b flf this Ordinance; <br />r ~ <br />~~ <br />_~,_ <br />