improvements, provided the property owner/developer provides a payment-in- lieu for improvements, in accordance with the Town Code of Ordinances, Part 9 Land Development Ordinance, Article J Subdivision Regulations, §9-1466; or
B. Impact by STIP Project. Where a project is not adjacent to a street identified as a federal or North Carolina State Highway not on the State Transportation Improvement Program (STIP), but may be impacted by the STIP within five (5) years of approval of the project, the Town Board of Commissioners may consider not requiring that improvements be provided by the property owner/developer, but instead require a payment-in-lieu for improvements, in accordance with the Town Code of Ordinances, Part 9 Land Development Ordinance, Article J Subdivision Regulations, §9-1466.
(10) Proportionality.
A. Construction Exemption. Where a project submitted for site plan review is subject to Comprehensive Transportation Plan required street improvements in which the total cost of the street improvements will exceed 35% of the site work costs and the proposed use or expansion foes not trigger a Traffic Impact Analysis, the Town Board of Commissioners may consider exempting the property owner/developer from constructing the Comprehensive Transportation Plan required street improvements. Instead, cost estimates shall be provided by the property owner/developer, adhering to Section 109 of the latest revision of NCDOT ’ s Specifications, for both the required street improvements and proposed site work costs. Cost estimates are required to be submitted to the Engineering Director who will approved or deny the values presented to justify the exemption. Right-of-way dedication and improvements outlined in Section 060.05.01 Access Management of the Town ’ s Standard Specifications are still required, if applicable. B. Dedication Exemption. Where a project is subject to street improvements in which the required right-of-way dedication will exceed 35% of the parcel area or will create noneconomic remnants of more than 35% of the parcel area, the Town Board of Commissioners may consider not requiring the dedication or construction of street improvements be provided by the property owner/developer.
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