§9-1465 STREET TREES
Street trees within a subdivision shall be required in accordance with Article O Landscaping & Tree Protection Standards and the Town’s Standard Specifications & Construction Details.
§9-1466 GUARANTEES
The Town of Fuquay-Varina may, under certain circumstances, and with approval by the Town Board of Commissioners consider guarantees as it relates to on-site and off-site improvements in accordance with this Article.
a. Construction Guarantees
(1) Payment-In-Lieu . No final subdivision plat for a Major Subdivision or Certificate of Occupation for a Site Plan shall be approved or signed by the Town of Fuquay-Varina or presented for recordation at the Office of Wake County Register of Deeds until all required on-site and off-site improvements have been constructed in accordance with the Town Code, Land Development Ordinance and Standard Specifications & Construction Details (as now promulgated and hereafter amended from time to time), or in-lieu of such improvements, but will be necessary in the future, the Town Board of Commissioners may, as a condition of the applicable Subdivision Construction Drawings or Site Plan, approve a payment-in-lieu of improvements under the conditions and procedures as applied herein to the Town of Fuquay-Varina in an amount equal to the total estimated cost plus 25% of all surveying, engineering designs and plans, regulatory permitting, regulatory mitigation cost, administration/mobilization, testing and inspection of construction work, utility relocations and all construction improvements based on approved plans and infrastructure that has not been installed.
A. Conditions for Consideration . A payment-in-lieu is an option that may be considered based on the Land Development Ordinance, adopted Town policies and the Town Code, and will only be considered under the following conditions:
i. Improvements Permitted for Payment-In-Lieu . If, in the case of a thoroughfare identified on the Town Community Transportation Plan and Thoroughfare Plan which require improvements according to the Land Development Ordinance and the Town Standard Specifications & Construction Details, certain aspects of the improvements may be considered only in the case where public safety is impacted based on a specific engineering design condition(s). It is not the intent nor is it acceptable to request a payment-in-lieu to remove or eliminate required
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