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2O A. No construction or installation of improvements shall commence in a pro- posed subdivision until the preliminary plat has been approved, and all plans and specifications have been approved by the appropriate authorities. B. During the construction phase the proposed road when adjoining an existing paved road, will have a gravel way of at least fifty (50) feet in length, eighteen (18) feet in width, with 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 permit shall be issued for 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 all requirements of applicable State and local laws have been met. SECTION 4.14 GUARANTEE OF IMPROVEMENTS The Planning Board in its discretion may waive the requirement that the sub- divider complete and dedicate all public improvements prior to the signing of the final plat, and as an alternative, the subdivider shall guarantee the installation of said improvements by one of the following requirements: A. Performance Bond - shall be from a company authorized to do business in North Carolina. B. Letter of Credit - a irrevocable letter of credit shall be from a recog- nized financial institution in North Carolina. C. Escrow - cash or other instrument readily convertible into cash at face value in escrow with a recognized financial institution in North Carolina. Ail 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 the County Engineer 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 improvements. The period within which required improve- ments must be completed shall be specified by the Planning Board and shall be incorporated in the method of guarantee, but shall not exceed (12) months. ARTICLE V LEGAL PROVISIONS SECTION 5.1 SEPARABILITY If any portion, clause or sentence of this ordinance shall be determined to be invalid or unconstitutional, such declaration of invalidity shall not affect the remaining portions of this Ordinance. SECTION 5.2 SALE OF LAND IN UNAPPROVED SUBDIVISIONS A MISDEMEANOR The sale of land in subdivisions which have not been approved by the Planning Board is prohibited. Any person(s) who, being the owner(s) or agent(s) of the owner of any land located within the jurisdiction granted to the Commissioners by G.S. 153-266.1, hereafter subdivides his/her land in violation of this ordinance or transfers or sells such land by reference to, exhibition of, or any other use of a plat properly approved under said ordinance and recorded in the Office of the Register of Deeds, shall be guilty of a misdemeanor. The description by metes and bounds in the instrument of transfer or other docu- ment(s) used in the process of selling or transferring land shall not exempt the transaction from this penalty. The County, through its County Attorney or other official designated by the Board of County Commissioners, may enjoin such illegal transfer or sale by action for injunction. Further, violators of this ordinance shall be subject, upon conviction, to fine and/or imprisonment as provided by G.S. 14-4 as amended. SECTION 5.3 OTHER LAWS~ ORDINANCES OR REGULATIONS Whenever the provisions of any local, state or federal law, ordinance or regulation impose higher standards than are required by the provisions of this ordinance, the provisions of such law, ordinance or regulations shall govern.