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f f <br /> by a bond, letter of credit, or escrow agreement, the <br /> landscape improvements could only be completed if the <br /> funds included labor costs as well as the cost of the <br /> plant materials . <br /> The proposed amendment to the landscape regulations <br /> makes explicit the intent of the financial guarantee to <br /> cover the cost to purchase and install required land- <br /> scaping, that is, to include labor costs. <br /> Existing and Proposed Text: [proposed text underlined] <br /> Zoning Ordinance, Article 12 <br /> 12.3 Plan Review and Approval <br /> No building permit shall be issued until the required <br /> landscaping plan has been submitted and approved.,. and <br /> -allo certificate of occupancy shall be issued until the <br /> landscaping is completed as certified by an on-site <br /> inspection by the Zoning Officer, unless a performance <br /> bond, letter of credit, or escrow agreement as a <br /> guarantee of improvements has been posted. <br /> The financial guarantee shall be accompanied by an <br /> estimate of the cost to purchase and install the <br /> required landscaping. The amount of the bond, letter <br /> of credit, or escrow agreement shall be 110 percent of <br /> the estimate. <br /> Subdivision Regulations, Section IV-B-8 <br /> IV-B-8-b LANDSCAPE PLAN REVIEW AND APPROVAL <br /> No subdivision shall be approved and no building <br /> permit shall be issued until the required landscape <br /> plan has been submitted and approved. No certifi- <br /> cate of occupancy shall be issued until the land- <br /> scaping according to the approved plan has been <br /> installed inspected and approved by the Orange <br /> County Planning and Inspections Department, unless <br /> a performance bond or other acceptable guarantee of <br /> improvements such as an escrow agreement or letter <br /> of credit has been posted. <br />