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 street identified on the Town Comprehensive Transportation Plan which requires 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 improvements that have been adopted in the Town Comprehensive Transportation Plan and in accordance with the Town’s Standard Specifications & Construction Details without meeting specified public safety issues. ii. Stream Crossings . A street that terminates at a property line and said property line is the centerline of a stream or creek that falls under Federal, State or local regulatory requirements and permitting. This condition would not apply to an existing street that currently crosses the centerline of a stream or creek and the purpose of the improvements is to widen the street to meet the Comprehensive Transportation Plan requirements.
iii. A street that is a “dead - end street” or which may be abandoned at a future date.
iv. Town Board Consideration . The Town Board may consider a payment-in-lieu of street improvements along US 401, NC 55 and NC 42 if it is determined that a proposed development project along the aforementioned streets will be impacted by a pending or proposed NCDOT project. Greater consideration will be given to development projects adjacent to or immediately impacted by a funded NCDOT project. A project is considered funded if it is included in the NCDOT State Transportation Improvement Program (STIP). The process for consideration of a payment-in-lieu of street improvements shall follow the requirements as provided herein. v. The Town Board of Commissioners may consider a payment-in-lieu for improvements, or an exception of improvements, adjacent to a federal or North Carolina State Highway if it is determined that a new development or expansion along federal or North Carolina State Highway projects will be impacted by a pending or proposed NCDOT project. Greater consideration will be given to development projects adjacent to or immediately impacted by a funded NCDOT
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