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Article 7: Subdivisions 134 <br /> Section 7.4: Improvements and Performance Guarantees <br /> recently been inspected and certified as being compliant with federal, state, and local <br /> regulations. <br /> (D) Officers of the property owner's association shall review and sign the said document <br /> confirming the association's obligation in the perpetual maintenance of all improvements <br /> and facilities for which responsibility is being assumed. <br /> (E) Said document shall, upon execution, be recorded with the Orange County Register of <br /> Deeds, at the expense of the subdivider, as formal recognition that maintenance <br /> responsibilities have been assumed by the property owner's association. <br /> (F) The Planning Department shall not release the subdivider of maintenance <br /> responsibilities, or authorize the release of Performance Guarantees352, until this process <br /> is completed. <br /> 7.4.8 Maintenance Guarantees— Public Roads <br /> (A) Maintenance guarantees shall be required for the purpose of ensuring that roads that are <br /> to be dedicated to the public are properly maintained, free from defects, between the time <br /> of construction and the time of formal acceptance for maintenance by the North Carolina <br /> Department of Transportation. <br /> (B) A maintenance guarantee shall be in place before any required Performance <br /> Guarantee353 is released or before any building permits are issued for subdivisions <br /> containing public road improvements. <br /> (C) Maintenance guarantees for public road facilities shall stipulate that the subdivider will <br /> maintain all required public road improvements, drainage improvements, and <br /> sedimentation and erosion control improvements to the standards of this Ordinance until <br /> the public road improvements are added to the state-maintained road system. The <br /> guarantee shall also state that the subdivider will be responsible for correcting any <br /> defects that may arise during the maintenance period and shall remove temporary <br /> sedimentation and erosion control measures. <br /> (D) Maintenance guarantees shall be in the form of a poiformanGe <br /> bgAdguaranteePerformance Guarantee354 meeting the requirements of Section 2.27 of <br /> this Ordinance., <br /> V0) The ame-unt of the quarantee shall he at le;;st g <br /> 0 <br /> rough qPadiAq-� <br /> swr�r, if the s irva yor was the nrigaAal Pronoror of the nlaAS fnr Oho <br /> OF lironced professiopal sidpmyor may prPAdo the itemizod rust Qstimate <br /> (5) The Planning ara-G-tor or Planning Board higher guaraptop- amount <br /> (4) Cost P-stomatos rri-st bR based on industry norms within Orange GoUnh, <br /> 112 Consistent use of"Performance Guarantee". <br /> "I Consistent use of"Performance Guarantee". <br /> 354 Edit(s)based on Legal Sufficiency Review comments. <br /> Orange County, North Carolina— Unified Development Ordinance Page 7-7 <br />