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Article 6: Development Standards 66 <br /> Section 6.14: Stormwater Management <br /> iV. r_radinn eXGavatiOR, fill e+r <br /> b. The ros+s of+he SGIV shall net beprorated a art of a <br /> larger n er+ but shall he rested a a separate n er+ <br /> `b) Failure to De rfn rm 437 <br /> a. Upon default of the permit applicant to complete and/or <br /> maontain the crnn as spelled out in the performance <br /> bond or other security, the County may obtain and use <br /> all or any portion of the funds necessary to complete the <br /> improvements based on an engineering estimate <br /> rT�The Beard a.I,I-ret6I,rTn-aRy=f alnd s-r�+spc�t -ce;P'e#�Rg the <br /> im prnyem en+s +e the n n+ity. <br /> (2) Security for Maintenance of Required Im ements138 <br /> (a) The permit ppliEaTnt shall deposit with Qrange GG IRt y eitheFEash e <br /> other ins+rUmen+approved by the Gey in+y A++eme"that is readily <br /> cen"er+ihle in+e cash at fore value <br /> (b)The Gash or security shall he On an amou nt equal to 15% of the total cost <br /> of the sang or the estimated cost of maintaining the SGI\A over a ten "ear <br /> period, whichever is greater. <br /> li EstHnatedcr_ry orrra ntenanr-rcrnce_Coosts <br /> a The estimated cost of maintaining the SCM shall he <br /> rensis+en+with the approved o ra+inn and m n+enanre <br /> plaR or manual previded by the develeper under. Ser--.t <br /> b. hea�.ran ge"unt?halrn 111 bGC-9mrrrnp'uted by esti at''Tn,g-ihec <br /> maintenance cost for 25 years and mUItiplying this <br /> aMG6.n+ by+In,e_fif+hs Ar n <br /> (c) Fami ire to Perform <br /> /i) Upon default It of the owning entity to maintain, repair and, if <br /> n--''errcessary, reconstruct the SCM On accordance with the <br /> Operation and Maintenance Agreement the County shall obtain <br /> and use all or any portion of the cash security to make necessary <br /> im prnyements based on an engineering esfmate <br /> 9 Irh e endit�gyres of funds shall only he made after exhay sting <br /> all other r ableremedies seeking the n en+i+"+e <br /> rmmPl,with the terms and condi+inns of the Opera+inns and <br /> Main+enanre Agreement <br /> The GG IRt y shall nn+ ret Urn aRy of the depesi+ed rash f-ends <br /> (B) SCM139 Maintenance and Upkeep <br /> (1) SCM141 Operation and Maintenance Agreement (OMA)1a1 <br /> 138 Staff recommendation that Orange County shall no longer require a Security for Maintenance of SCMs;to our <br /> knowledge,this type of security is not required by General Statutes and fund management is problematic. <br /> 139 Clarification that Maintenance and Upkeep is specific to "SCMs"only. <br /> "'Clarification that Operation and Maintenance Agreement is specific to "SCMs" only. <br /> 141 Added the appropriate acronym for SCM Operation and Maintenance Agreement(OMA)—NOTE: "OMA"is <br /> incorporated through the remainder of Section 6.14, where applicable. <br /> Orange County, North Carolina—Unified Development Ordinance Page 6-103 <br />