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Article 2: Procedures 44 Section 2.5: Site Plan Review County Commissioners is not the normal approval authority, by the Board of County Commissioners after a legislative hearing. (1) Said legislative hearing shall follow the public notification procedures set forth in Section 2.8.7 (2) The Board of CountV Commissioners maV approve the site specific vesting plan with such terms and conditions as maV reasonably be necessary to protect the public health, safetV, and welfare. Such conditional approval shall result in a vested right. Failure to abide bV such terms and conditions shall result in a forfeiture of vested rights. WLqL An approved site specific deve'lop„e plan shall contain the following statement: "Approval of this plan establishes a zoning vested right under G�NCGS 15,�3A-344.1160D-108. Unless terminated at an earlier date, the zoning right shall be valid until " (B)(D) The site specific d...�o�lo;men vesting plan for a project which requires the preparation of an Environmental Impact Statement(EIS) in accordance with Section 6.16 of this Ordinance shall not be approved until the EIS has been made available for public review, and has been presented to the Board of County Commissioners in accordance with Section 2.23 of this Ordinance. 2.5.6 Guarantee of Improvements (A) If a guarantee of improvements is required as a condition of site plan approval, the applicant shall provide Orange County with a security bond, escrow agreement, or irrevocable letter of credit by an approved institution. (B) The guarantee shall be effective for 12 months and shall include the cost of the improvements plus 10%. (C) Prior to issuance of any site plan approval, the guarantee shall be approved by the County Attorney. (D) If a guarantee is not submitted, the developer must install all required improvements to the satisfaction of the County prior to issuance of the zoning compliance permit. 2.5.7 Additional Requirements for Overlay Districts (A) Efland-Cheeks Highway 70 Corridor Overlay District (1) Approval Requirements Within the Efland-Cheeks Highway 70 Corridor Overlay District (ECOD), no construction activity shall begin nor shall any conversion of existing single-family residence to a non-residential land use, excavation, soil removal, grading or disturbance of vegetation including trees, land disturbing activity associated with a non-residential land use, be commenced, nor any sign erected until such time as a site plan has been approved and a permit issued by the Planning Director in accordance with this Section and Section 2.4 of this Ordinance. (B) Efland Interstate Overlay District (1) Approval Requirements Within the Efland Interstate Overlay District, no construction activity shall begin nor shall any excavation, soil removal, filling, grading or disturbance of vegetation, including trees, be commenced, nor any sign erected for any use subject to the requirements of the overlay district until such time as a site plan has been approved and a permit issued by the Planning Director in accordance with this Section and Section 2.4 of this Ordinance. (C) Efland Village Overlay District Orange County, North Carolina—Unified Development Ordinance Page 2-13