Historically, required sidewalk for an entire project would be installed by the Developer prior to home construction. The traffic, heavy vehicles, and large equipment associated with subsequent home-construction resulted in extensive sidewalk damage which required repair, and often replacement, at the expense of the Developer.
The Sidewalk Bond Program was developed to allow the posting of a separate surety (usually posted by the Builder) specifically as a guarantee of sidewalk improvements associated with home lots. Sidewalk improvements are installed following completion of each home, reducing construction-related damage and expense.
With a Sidewalk Surety in place, the Developer can complete all infrastructure improvements (storm drain, street, curb, gutter, etc.); complete a final inspection; successfully apply for street acceptance; and have their Developer Subdivision Surety released and returned to them.
To participate in the Sidewalk Program, the Owner must request calculation of a separate sidewalk surety on the Surety Preferences Selection Form initially submitted with the plat to the Charlotte-Mecklenburg Planning Commission.
Important Notes Regarding the Sidewalk Program:
Lots are eligible for a sidewalk bond only if they front right-of-way that is part of the same plat;
Required sidewalk associated with common open space and with right-of-way that extends into adjacent plats will be covered by the Developer Subdivision Surety, and must be installed prior to the final inspection and Formal Street Acceptance.