Orange County NC Website
10 <br />services? What was the result of the evaluation and was the project approved for development by <br />the Department of Health? If the property is a platted lot, has a well improvement permit been <br />obtained?- (15 paints total) <br />~3. Site Conditions: What are the open-space requirements and the topographic, geologic, <br />soil, wetlands, and/or other special features or conditions that circumscribe the development of <br />this parcel? What is the likely effect of such features and conditions on the ability to develop the <br />site? Based on these conditions or constraints, is this an appropriate site for development? (20 <br />points total) <br />B. Project Feasibility (30 points total) <br />Scoring Criteria <br />A. The applicant must submit a sketch plan that includes the findings of the due diligence as <br />well as a proposed lot layout with dimensions. ee~"mil-mod-use-eenc-ept platy: (10 points <br />total) <br />B. Anon-binding, but professionally competent project feasibility budget must be submitted <br />using the following worksheet. (Use current dollars, not inflation-adjusted dollars). (10 points <br />total) <br />Total Acreage <br />Projected # of units <br />Projected type and tenure of units <br />Projected income tazgeting distribution <br />COST ESTIMATES Total Per Unit <br />Requested land banking award <br />Total land cost <br />of total land cost from bond funds* <br />Soft Costs <br />Infrastructure Costs <br />Subtotal/Developed Lot Costs <br />of total developed lot costs from bond funds <br />Unit(s) Construction Costs <br />Other Costs (please specify) <br />Total Costs <br />* Leveraging is required. This percentage must be less than 100% for the project to be eligible <br />for a Land Banking award. <br />