Bill > S685

This bill establishes a comprehensive framework for maintenance and acceptance guarantees for subdivision streets in North Carolina, allowing counties to require developers to post financial guarantees (such as surety bonds, letters of credit, or equivalent security) to ensure the proper construction and maintenance of publicly dedicated roadways before they are accepted into the state or municipal road system. The bill specifies that these guarantees can be up to 20% of the estimated total construction cost and can be used to repair roadways that do not meet minimum standards. If a road is not accepted into the roadway system within four years of plat recording, it will be automatically accepted. The maintenance guarantee must be returned or released within 30 days of road acceptance, and developers have the option to use a single guarantee for all development matters related to a project. The bill aims to prevent the creation of unmaintained public roads by providing a clear process for road construction, maintenance, and eventual acceptance into the transportation infrastructure, with specific protections and guidelines for counties, developers, and administering entities like the Board of Transportation or municipalities.

https://www.ncleg.gov/BillLookUp/2025/S685