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the homeowner's association as established by the governing <br />Homeowner's Association declaration. <br />B. Roads and Access <br />Lucas Farm Road shall be constructed to standards of the North Carolina <br />Department of Transportation, within a minimum 50-foot right-of-way with <br />5-foot utility easements on each side, and the construction shall be <br />inspected and approved" by NCDOT. <br />OR <br />A letter of credit or escrow agreement shall be submitted to secure <br />construction of Lucas Farm Road to the standards of the North Carolina <br />Department of Transportation. An estimate of the construction cost must <br />be prepared by a certified/licensed engineer or grading contractor and <br />submitted to the Planning and Inspections Department. The financial <br />guarantee must reflect 110% of that estimate and be issued by an <br />accredited financial institution licensed to do business in North Carolina. <br />The document describing development restrictions to be recorded with the <br />Final Plat shall state that the financial guarantee will not be released until <br />the road construction has been inspected and approved by NCDOT. <br />2. All lots shall receive access from the internal subdivision road with the <br />exception of the Open Space lot dedicated to Orange County. No <br />driveway shall be permitted within 50' of a street intersection. The final <br />plat shall contain "No Vehicular Access Easement" for lots 5-9 of the <br />subdivision abutting Old NC 86 and lots 1 and 9 abutting New Hope Road. <br />3. An erosion control plan for construction of Lucas Farm Road shall be <br />submitted by the applicant to the Orange County Erosion Control Division <br />for review and approval prior to any land disturbing activity occurring on <br />the site. <br />4. Approved double-bladed street name signs shall be erected at the <br />intersection of Lucas Farm Road and New Hope Church Road prior to <br />issuance of any building permit if road construction is not completed prior <br />to recording of the final plat. <br />5. Prior to any construction or alteration of any existing access within the <br />right-of-way of New Hope Church Road, the owner/applicant shall secure <br />a driveway permit from the NCDOT District Office. The owner/applicant <br />shall submit a copy of the NCDOT-approved permit and NCDOT approval <br />letter to the Planning Department prior to or at the same time as the <br />request for a grading permit is made, or before Planning Department <br />signatures are affixed on the Final Plat, whichever is first. <br />6. Sight triangles (10'x 70') shall. be shown on the Final Plat at the <br />intersection of Lucas Farm Road with New Hope Church Road. <br />