Agenda - 10-16-2001-9a - Laserfiche WebLink

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B. Roads and Aces 1. Contain Way shall be constructed m srandards of the Nonh Carolina Department of Transportation, within a 50 -0. right -of -way with 5 -fl. utility easements on each side, and the construction shall be inspeclefl and approved by NCDOT. The portion of Lot E owed by the applicant shall be included in the dedication. 5P7 A lever of credit, escrow agreement, or bond shall be submitted to secure convention of Cannon Way in the standards of die North Carolina Department of Transportation. An estimate of the construction not must be prepared by a certified /licensed engineer or grading contractor and submiued in the Planning cast Inspections Department and approved by the County Engineer. The wnswetidn estimate must include a 10% contingency hour. The Townsend guarantee must reficet 110% of that estimate and he issued by an accrsditd financial institution Unsound in do business in Noah Combat. The document desmibing development restrictions in be awarded with the Pied Plat shall state that the f ial guarantee will out bas releasd until the road construction has be® inspend and approved by NCDOT. 2, Bordeleau Drive shall be mnmvmd to Class B private road standards within a 50 -fl. rightof -way. Rod coostuction drawings shall be submitted to the Erosion Control Division in the planning Depatmem and approved prior to signatures an the Final Plat. Bordeleau Drive shall be inspected, and the constvcion certified th writing m the Orange County Planning Department by a North Carolina professional Eagincer. The Invasion of the travelway, within the plWW private road right -of- way shall also be certified. Erosion Control shell inspect the wustruction to verify the private read standards have been met. A lever of credit, escrow agreement or bond shall be submitted to secure construction anal inspection of Bodeleao Drive to Class B private roust standards. An estimate of the construction ad certification costs must be prepard by a certifid/licensd engineer or grading contractor and mbmined to the Planning tad Inspections Department. The construction estimate must Include a l0% contingency factor. The financial goaront« must reflect 110% of that estimate and be issued by an accredited financial institution licen.cd in do business in North Carolina. The document des eribing development Teseictmns to be recorded with the Food Plat shall state that the broadcast guarantee will not be released until the road construction has been certified by a Nona Carolina Professional Engineer.