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Payment for the inspections required under this condition shall be the <br /> responsibility of the individual lot owner or the homeowner's association <br /> as established by the governing Homeowner's Association declaration. <br /> These provisions shall be in a form approved by the County Attorney. <br /> C. Wells <br /> 1. Each residential lot shall contain an adequate area for the development of <br /> a well to provide potable water supporting development of the property as <br /> approved by the Orange County Division of Environmental Health. <br /> D. Roads and Access <br /> 1. Martin Madden Way, Henderson Woods Lane and the public portions of <br /> Shakori Trail shall be constructed to the standards of the North Carolina <br /> Department of Transportation in accordance with the approved <br /> Preliminary Plat. <br /> Each public roadway, as well as the proposed stormwater management <br /> system, shall be located within a minimum 50-foot right-of-way, with 5-foot <br /> utility easements on each side. Construction shall be inspected and <br /> approved by NCDOT. <br /> OR <br /> A letter of credit or escrow agreement shall be submitted to secure <br /> construction of the aforementioned roadways to the standards of the <br /> North Carolina Department of Transportation in accordance with the <br /> provisions of the UDO. <br /> An estimate of the construction cost must be prepared by a <br /> certified/licensed engineer or grading contractor and submitted to the <br /> 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 /> In this instance, the document shall state posted financial guarantee(s) <br /> will not be released until the road construction has been inspected and <br /> approved by NCDOT. <br /> 2. All lots shall receive access from the internal subdivision roads as <br /> depicted on the approved Preliminary Plat. No driveway access for any of <br /> the lots shall be permitted off of Whitfield or Erwin Road. <br /> 3. An erosion control and stormwater management plan for construction for <br /> the aforementioned roadways shall be submitted by the applicant to the <br /> Orange County Erosion Control Division for review and approval prior to <br /> any land disturbing activity on the site in accordance with the UDO. <br /> 4. Approved double-bladed street name signs shall be erected at the <br /> intersections of public and private streets prior to Planning Department <br /> signatures on the Final Plat or prior to issuance of any building permit if <br /> road construction is secured by letter of credit as described herein. <br />