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trees and shrubs, fencing or. earthen berm by the subdivider. The strip shall be reviewed and approved at the preliminary specific screening plat review. SECTION 4.12 MONUMENTS Unless otherwise specified ..by this ordinance, the standards of practice for ]and surveying as adopted by tile North Carolina State Board of Registration for Professional Engineers and Land Surveyors, under provisions of North Care{ina General Statute Chaplet 39, Article 5A shall apply. SECTION 4.13 CONSTRUCTION PROCEDURES A. No construction or installation of improvements shall commence in a proposed subdivision until the preliminary pla! has been approved, and ail plans and specifications for roads, utilities and sedimentation and erosion control have been approved by the appropriate suthorities. B. During the construction phase the proposed road when adjoining an existing paved road, shall have a ~-ravelway of a! least one hundred (100) feet in length, eighteen (IS) in width, wilh a gravel base of at least six (6) inches, to help eliminate excessive mud and other such materials from being carried onto the paved road. C. No building or other permits shall be issued for the erection of a structure on any lot not of record at the time of adoption of this Ordinance or created in compliance with this ordinance until requirements of applicable Slate and local laws bare been met. SECTION 4.14 GUARANTEE OF IMPROVEMENTS Tile Planning and Zoning Commission in its discretion may waive ~he requirement that the subdivider complete and dedicate all public improvements prior to the signing of the final plat, and as an alternative, the subdivider shall guaranlee the installation of said improveme~lts by one of the following requirements: A. Performance Bond - shall be from a company authorized to do business ill North Carolina. B. Letter of Credit - an irrevocable letter of credit shall be from a recognized financial institutional in North Carolina. C. Escrow - cash or other instrument readily convertible inlo cash at face value in escrow with a recognized financial institution in Norlh Carolina. All of the aforementioned methods of guarantees shall be of sufficient amount to cover the entire cost plus 25% of completing all required improvements as certified by an engineer designated by the Cabarrus County Planning and Zoning Department; and shall be made payable and/or released in full, free and clear to Cabarrus County upon failure of the subdivider to complete the required hnprovemenls within the allowed time. The period of time within which requil,ed improvements must be completed shall be twelve (12) mo~ths. If one of these 23