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9 <br />within a 50' right -of -way with 5 foot utility easements on each side, and the <br />construction shall be inspected and approved by NCDOT. <br />•' <br />A letter of credit or escrow agreement or other security shall be submitted to <br />secure construction of High Rock Farm Drive and High Ground Court to the <br />standards of the North Carolina Department of Transportation. An estimate of the <br />construction cost must be prepared by a certified/licensed engineer or grading <br />contractor and submitted to the Planning and Inspections Department. The <br />construction estimate must include a 10% contingency factor. The financial <br />guarantee must reflect 110% of that estimate and be issued by an accredited <br />financial institution licensed to do business in North Carolina. <br />The document describing development restrictions to be recorded with the Final <br />Plat shall state that the financial guarantee will not be released until the road <br />construction has been inspected and approved by NCDOT. <br />2. All lots shall receive access from the internal subdivision roads. Lots 7 and 17 <br />shall receive access from High Ground Court. No driveways shall be permitted <br />within 50' of a street intersection. <br />3. An erosion control plan for construction of the roads shall be submitted by the <br />applicant to the Orange County Erosion Control Division for review and approval <br />prior to Planning Department signatures on final plat. <br />4. Street names shall be approved by Planning Department and shown on final plat. <br />5. Approved street name signs shall be erected at the intersection of streets as <br />required in Section IV- B- 3 -c -12 of the Orange County Subdivision Regulations. <br />Evidence shall be submitted by the applicant that the sign is in place, or a copy of <br />the receipt for purchase of the sign shall be submitted to the Planning Department. <br />Signs to be erected prior to issuance of the first Certificate of Occupancy. <br />6. Dedicate the triangular 0.11 acre parcel to Orange County at time of the recording <br />of final plat. <br />7. Dedicate additional 15' right -of -way along the entire length of High Rock Road at <br />time of recording of final plat. <br />8. Record a 5' non vehicular access easement along the entire length of High Rock <br />Road with the exception of intersecting street rights -of -way. <br />C. Land Use Buffers and Landscaping <br />Landscaping shall be installed or preserved as indicated on the approved <br />landscape plan, and must be inspected and approved by the Planning and <br />Inspections Department. <br />