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2382 <br /> OR <br /> A letter of credit, escrow agreement, or bond shall be submitted to secure <br /> construction and inspection of Willie Boldin Road to Class B private road <br /> standards. An estimate of the construction and certification costs must be <br /> prepared by a certified/licensed engineer or grading contractor and submitted <br /> to the Planning and Inspections Department. The financial guarantee must <br /> reflect 110% of that estimate and be issued by an accredited financial <br /> 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 the <br /> road construction has been certified by a North Carolina Professional Engineer <br /> or a North Carolina Registered Land Surveyor. <br /> 2. The Private Road Maintenance Agreement for Willie Boldin Road shall be <br /> approved by the County Attorney. <br /> 3. A provision that there be no further subdivision of any lot created by this <br /> subdivision shall be included in a document describing development <br /> restrictions and requirements to be prepared by Planning Staff and recorded <br /> concurrently with the Final Plat. <br /> 4. Lots 1, 2, and 3 shall access onto Willie Boldin Road. This restriction shall <br /> be stated in a document describing development restrictions and requirements <br /> to be prepared by Planning Staff and recorded concurrently with the Final <br /> Plat. <br /> 5. An approved street name sign shall be erected at the intersection of streets as <br /> required in Section IV-B-3-c-12 of the Orange County Subdivision <br /> Regulations. Evidence shall be submitted by the applicant that the sign is in <br /> place or a copy of the receipt for purchase of the sign shall be submitted to the <br /> Planning Department. <br /> C. Land Use Buffers and Landscaping <br /> I. Landscaping shall be preserved as indicated on the approved landscape plan, <br /> and must be inspected and approved by the Planning and Inspections <br /> Department. <br /> D. Drainage <br /> 1. Indicate a 30-foot drainage easement along the eastern boundary of Lot 1. <br />