5.4.22 Planning Board Packet - Laserfiche WebLink

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Article 6: Development Standards 120 Section 6.22: Performance Guarantee Stand a rdse rforman ce Gurantee308F (b) If FEMA has approved a Conditional Letter of Map Revision (CLOMR), then a Letter of Map Revision (LOMR) must also be obtained upon completion of the proposed encroachment. (c) No manufactured homes shall be permitted. (D) Subdivisions, Home Parks, and Major Developments All subdivisions, home parks, and major development proposals located within SFHAs shall: (1) Be consistent with the need to minimize flood damage. (2) Have public utilities and facilities such as sewer, gas, electric, cable, and water systems located and constructed to minimize flood damage. (3) Have adequate drainage provided to reduce exposure to flood hazards. (4) Have provided all Base Flood Elevation (BFE) data adopted by reference per Section 1.1.3 of this Ordinance. (E) Effect Upon Outstanding Floodplain Development Permits Nothing herein contained shall require any change in the plans, construction, size, or designated use of any development or any part thereof for which a floodplain development permit has been granted by the Floodplain Administrator or his/her authorized agents before the time of passage of this Ordinance; provided, however, that when construction is not begun under such outstanding permit within a period of six months subsequent to passage of this Ordinance or any revision thereto, construction or use shall be in conformity with the provisions of this Ordinance. (F) Enforcement The provisions of the SFHA shall be enforced in accordance with the requirements contained within Section 9.7 of this Ordinance. (A) The type of Performance Guarantee shall be at the election of the applicant. Acceptable Performance Guarantee instruments include, but are not limited OnGludow, bu .G�+ to: (1) Aa performance bond or:surety bond from a bonding company authorized to do business in North Carolina;,- (2) An irrevocable or-letter of credit from a financial institution authorized to do business in North Carolina;,or (3) Cash placed in escrow with a financial institution designated as an official repository of Orange County. Bonds and/or irrevocable letters of credit shall be readily convertible to into cash at face value and payable to Orange County. (B) Unless otherwise detailed herein, the amount of the Performance Guarantee shall equal 125% of the estimated cost of the required improvements, including project management costs, of required improvements. (C) The estimatedEs#a� cost shall be, based on applicable industry norms and, shall be itemized and certified by a North Carolina registereda professional engineer or landscape architect(to the extent that General Statute Chapter 89A allows). (D) Performance Guarantees shall be used only to complete required construction activities and shall not be used for repairs or maintenance activities. 101 NEW SECTION. Orange County, North Carolina—Unified Development Ordinance Page 6-161