Orange County NC Website
Browse       Search
4 <br /> OR <br /> A letter of credit, escrow agreement, or bond shall be submitted to secure <br /> construction of Spring Lilly Lane, Larkspur Land and Greyson Place to the <br /> standards of the North Carolina Department of Transportation. An estimate of <br /> the construction cost must be prepared by a certified/licensed engineer or <br /> grading contractor and submitted to the Planning and Inspections Department. <br /> The financial 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 the <br /> road construction has been inspected and approved by NCDOT. <br /> 2. All lots shall receive access from the internal subdivision roads instead of <br /> Miller Road. <br /> 3. At the street rights-of-way intersections, sight-triangles shall be indicated in <br /> accordance with NCDOT design standards. <br /> 4. Approved street name signs shall be erected at the intersection as required in <br /> Section IV-B-3-c-12 of the Orange County Subdivision Regulations. Evidence <br /> shall be submitted by the applicant that the sign is in place or a copy of the <br /> receipt for purchase of the signs shall be submitted to the Planning <br /> Department. <br /> C. Land Use Buffers and Landscaping <br /> 1. 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 /> OR <br /> Guaranteed financially through a letter of credit, escrow agreement, or bond <br /> submitted to secure required landscape installation and preservation. An <br /> estimate of the cost for required preservation, plantings and their installation <br /> must be provided. The financial guarantee shall reflect 110 percent of the <br /> estimate and be issued by an accredited financial institution licensed to do <br /> business in North Carolina. <br /> 2. Provisions for protection of existing trees as shown on the approved landscape <br /> plan shall be included in a document describing development restrictions and <br /> requirements to be prepared by Planning Staff and recorded concurrently with <br /> the Final Plat. <br />