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6 <br /> the homeowner's association as established by the governing <br /> Homeowner's Association declaration. <br /> B. Roads and Access <br /> 1. 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 h II <br /> s a 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 />