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Article 6: Development Standards 144 <br /> Section 6.22: Performance Guarantee Stand a rdse rforman ce Gurantee329F <br /> (b) If FEMA has approved a Conditional Letter of Map Revision (CLOMR), <br /> then a Letter of Map Revision (LOMR) must also be obtained upon <br /> completion of the proposed encroachment. <br /> (c) No manufactured homes shall be permitted. <br /> (D) Subdivisions, Home Parks, and Major Developments <br /> All subdivisions, home parks, and major development proposals located within SFHAs <br /> shall: <br /> (1) Be consistent with the need to minimize flood damage. <br /> (2) Have public utilities and facilities such as sewer, gas, electric, cable, and water <br /> systems located and constructed to minimize flood damage. <br /> (3) Have adequate drainage provided to reduce exposure to flood hazards. <br /> (4) Have provided all Base Flood Elevation (BFE) data adopted by reference per <br /> Section 1.1.3 of this Ordinance. <br /> (E) Effect Upon Outstanding Floodplain Development Permits <br /> Nothing herein contained shall require any change in the plans, construction, size, or <br /> designated use of any development or any part thereof for which a floodplain <br /> development permit has been granted by the Floodplain Administrator or his/her <br /> authorized agents before the time of passage of this Ordinance; provided, however, that <br /> when construction is not begun under such outstanding permit within a period of six <br /> months subsequent to passage of this Ordinance or any revision thereto, construction or <br /> use shall be in conformity with the provisions of this Ordinance. <br /> (F) Enforcement <br /> The provisions of the SFHA shall be enforced in accordance with the requirements <br /> contained within Section 9.7 of this Ordinance. <br /> Section ' 330 <br /> (A) For all Performance Guarantee requirements, the following shall apply:331 <br /> (1) The type of Performance Guarantee shall be at the election of the applicant. <br /> Acceptable Performance Guarantee instruments include, but are not limited <br /> 0nnlurlinn but net limiter! to: <br /> (a) Ae performance bond or;surety bond from a bonding company <br /> authorized to do business in North Carolina;; <br /> (b) An irrevocable or-letter of credit from a financial institution authorized to <br /> do business in North Carolina;,or <br /> (c) Cash placed in escrow with a financial institution designated as an <br /> official repository of Orange County. Bonds and/or irrevocable letters of <br /> credit shall be readily convertible to into cash at face value and payable <br /> to Orange County. <br /> (2) Unless otherwise detailed herein, the amount of the Performance Guarantee <br /> shall equal 125% of the estimated cost of the required improvements, including <br /> protect management costs, of required <br /> (3) The estimated -s cost shall be, based on applicable industry norms and <br /> shall be itemized and certified by a North Carolina reaistere&Gen�&ed <br /> professional engineer or landscape architect(to the extent that General Statute <br /> Chapter 89A allows). <br /> 3so NEW SECTION. <br /> 3s1 Edit(s) based on Legal Sufficiency Review comments. <br /> Orange County, North Carolina-Unified Development Ordinance Page 6-161 <br />