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W <br />B• Roads and Access 512 <br />1. Governor Moore Street, Governor Sanford Street, Governor Martin Street, <br />Governor Holt Boulevard, Governor Umstead Circle, Governor Cherry Circle, <br />Governor Broughton Street, Governor Hodges Street, Governor Holshauser <br />Circle and Governor Huey Street shall be constructed to standards of the North <br />Carolina Department of Transportation, within a 50 foot right-of-way, and the <br />construction shall be inspected and approved by NCDOT. <br />OR <br />A letter of credit, escrow agreement, or bond shall be submitted to secure <br />construction of Governor Moore Street, Governor Sanford Street, Governor <br />Martin Street, Governor Holt Boulevard, Governor Umstead Circle, Governor <br />Cherry Circle, Governor Broughton Street, Governor Hodges Street, Governor <br />Holshauser Circle and Governor Huey Street and the required turn lanes on <br />Governor Scott Road to the standards of the North Carolina Department of <br />Transportation. An estimate of the construction cost must be prepared by a <br />certified/licensed engineer or grading contractor and submitted to the Planning <br />and Inspections Department. The financial guarantee must reflect 110 % of <br />that estimate and be issued by an accredited financial institution licensed to do <br />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 inspected and approved by NCDOT. <br />2. Provided Governor Scott Road is not already paved to NCDOT standards prior <br />to approval of Phase Four, Governor Scott Road shall be paved along the <br />frontage of this tract to NCDOT standards with final plat approval of Phase <br />Four. Security shall be provided for this improvement with the final plat <br />submittal of Phase Four. <br />3. Site distance it the intersection of Governor Scott Road and Governor Moore <br />Street is limited. Grading shall be completed at this intersection to meet <br />NCDOT site distance requirements. <br />e <br />4. A right turn deceleration lane shall be provided in the north and southbound <br />travelway of Governor Scott Road approaching Governor Holt Boulevard. <br />Left turn lanes shall also be constructed in the north and southbound travelway <br />of Governor Scott Road approaching Governor Holt Boulevard. These turning <br />lanes shall be constructed to standards of the North Carolina Department of <br />Transportation with final plat approval of Phase 7. <br />5. All lots shall access onto the new subdivision roads. This restriction shall be <br />stated in a document describing development restrictions and requirements to <br />be prepared by Planning Staff and recorded concurrently with the Final Plat. <br />2