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Article 6: Development Standar <br /> Section 6.14:Stormwater Management <br /> r„� l)TotalCoost <br /> Al. Thp total cost Af the SCM shAll thA following: <br /> Other R_tA_IGt6IF@6; <br /> 2- aAd <br /> �. _DQR_i n9A aAd @A9inoorin d, <br /> (-rarlinry evraVatiee fill etr <br /> Tho rests of the SCM shall net be ererot@d as narf of a <br /> larger oreiert blit shall be rester) as a separate oreiert <br /> `b) Failure to Derform I-" <br /> bond or other seGurity, the County may obt;iin and -5;@ <br /> all or any portion Af the fi,nds PAcAss;; <br /> 194 <br /> (a) The P@rMit @PP'6(;@At shall deposit with QraA9@ QQWAty either cash Q <br /> 524 Of the tQ-t;-41 Gost <br /> period, whiGhever is greater-. <br /> Al. The es-timated cost of Maintaining the SGIVI shall be- <br /> 9 m <br /> 6.14.19(E3)(2). <br /> mo i etenanre rest for 25 years and MWItiplyiA9 this <br /> amen int by tyie_fifths or 0 <br /> lr���iL ire to perform <br /> Upon defau.lt of the owning entity to M@iAt@iA, repair and, <br /> and u1se all or any portion of the cash security to make neGessary <br /> 194 Staff recommendation is that Orange County shall no longer require Securityfor Maintenance of SCMs;to our <br /> knowledge, thistype ofsecurityis notrequired by General Statutes and proper long-term fund management is <br /> extremely problematic. Staffwill continueto investigate methodologies for potentially adopting and SCM <br /> Maintenance Guarantee into the UDO, via future UDO text amendment(s). <br /> Orange County, North Carolina— Unified Development Ordinance Page 6-105 <br />