AG 1997 02 17 - Laserfiche WebLink

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234 LETTER OF CREDIT/PERFORMANCE BOND REQUIREMENTS When building permits are rE,quested prior to completion of all improvements in a development, the following conditions shall apply: 1. Detailed estimates of all required improvements shall be submitted. These estimates shall be signed by licensed contractors when applicable. 2. These estimates shall be reviewed and approved by a consulting engineer chosen by the County. This requirement is subject to payment of a $75.00 fee for the review. 3. A letter of credit or performance bond by a lender of surety acceptable to the County shall be made out to Oabarrus County in the amount of 125% of the costs determined in step 2 above. 4. The final map of the subdivision shall be approved and recorded. Prior to the reduction or release of the 125% amount required in step 3 above for completion of improvement(s), the following information must be provided when applicable: 1. Proof satisfactory to the County that the applicable improvement(s) has been made to the required specifications. 2. Proof satisfactory to the County that payment in full has been made to the applicable contractor and/or agency for the improvement(s). Upon proof of completion satisfactory to the County, of the required improvement(s), the amount that had been required for that improvement(s) may be released from the total amount required. The total amount of the letter or credit or bond for required Improvements may be released when all improvements are complete, and the above information has been provided. Adopted this the 21st day of January, 1997 by the Oabarrus County Board of Commissioners. /s/ Sue B. Casper Sue B. Casper, Chairman ATTEST: Board of Commissioners /s/ Frankte F. Bonds Frankie F. Bonds, Clerk to the Board Request to Close a Section of Woodsdale Drive and to Close Country Side Drive Between Woodsdale Drive and Twinkle Drive - Public Hearin~ - 7:00 P.M. Mr. Hartsell presented a copy of a map dated April 1956 and recorded in the Register of Deeds Office showing the location of Woodsdale Drive and Country Side Drive. He explained the process for closing a road. Chair Casper opened the public hearing at 8:06 P.M. and asked if anyone were present who wished to address the Board regarding the proposed road closings. Mr. Lewis Brownlow of 5234 Shoreview Drive stated ha supported the petition in order to raise the basic level of awareness of problems that have been handed down through the years. He addressed the issue of poor land use planning, stating the subdivision plat created over 300 lots or approximately 11 lots per acre for property in the Rimer area. According to Mr. Brownlow, the roadways of record were never used as roadways and are substandard to the current Subdivision Ordinance. Mr. Ric Starnes of 5455 Rimer Road questioned what is done physically when a road is closed. Mr. Hartsell advised that the property to the center line goes to adjacent property owners.