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Article 6: Development Standards 115 <br /> Section 6.14: Stormwater Management <br /> all o aRy or+ion of the funds n y+o c ple+e+he <br /> eng <br /> T1 <br /> i d+m nroyem en+s base o estimate <br /> The R�ovi_cra rd shall return any funds not spent in_comp eting the <br /> im nrnyeme its to the owning entity. <br /> `2) Security for Maintenance of Required Imnroyemen+�192 <br /> (a) permit applicant shall deposit with Orange County eithercash rash o <br /> other instrument approved by the County Attorney that is readily <br /> convertible into cash at face value. <br /> (bb) The Gasher seGurrit-y shall he inaR n+ 5% of the +e+al E6st <br /> of the SCM er the estimated cos+of maintaining the SCM ever a ten yea <br /> period whichever is eater <br /> Estimated MaiRieeaneeCosts <br /> a The estimatod cos+of maintaining the crop shall he <br /> censis+en+with the a yed+ operation and+ m n+ena nce <br /> plan or manual provided by the developer under Sect'np <br /> a 1n 1n/Qv2\ <br /> b. The ntshall he c mpu ter+ by a a+ingth�_y` <br /> maintenance cost for 25 dears and multiplying this <br /> amount by two fifths or 0.4- <br /> (G) Failure to-Pe4orm <br /> Upon ref-Al-lit of the GWRing entity+e maintain, repair Rd if <br /> necessary, r ��ns+rc++he SGNA in d+erance with +he � <br /> operation and Maintenance Agreement the f oUn+y shall ebtain <br /> and use all oaRy or+ion of the cash s UritY+e make ReGessar <br /> Imnrp\yements based oeRgiReeFiRgestimate <br /> ! Such expenditures of funds_fu�_�au nd s shall only he made after ev s+i"ndv <br /> "t�y to`� �all other reasonable remedies seeking the owning enf <br /> comply with the terms and conditions of the Operations and <br /> Maintenance Agreement <br /> The County not return any of the deposited cash f'�.unddJ&-. <br /> (B) SCM191 Maintenance and Upkeep <br /> (1) SCM19a Operation and Maintenance Agreement (OMA)195 <br /> (a) The permit applicant shall enter into a binding SCM Operation and <br /> Maintenance Agreement (OMA) between Orange County and all <br /> interests in the development. <br /> (b) The agree rent OMA must include the following: <br /> (i) Completed OMA cover sheet template as provided by the <br /> Erosion Control Officer,196 <br /> 192 Staff recommendation is 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 proper long-term fund management is <br /> extremely problematic. <br /> ie3 Clarification that Maintenance and Upkeep is specific to"SCMs"only. <br /> iea Clarification that Operation and Maintenance Agreement is specific to"SCMs" only. <br /> "'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 /> "I Sub-section added to reflect the need to include Orange County's cover sheet for SCM Operation and <br /> Maintenance Agreements. <br /> Orange County, North Carolina-Unified Development Ordinance Page 6-105 <br />