Building Permit Approved

The building permit has been approved by the City! Next up is completion of the appraisal by the bank so that the loan amount can be finalized and funded. Fingers crossed that the appraised value comes in as expected.

As a part of the building permit process, an erosion and settlement (E&S) control plan was required due to the amount of land disturbing activity that will occur during construction. The builder recommended that in lieu of a plan, I agree to comply with the requirements as determined by the Erosion and Sediment Control Program Administrator. The requirements are based on the conservation standards contained in the City of Richmond Erosion and Sediment Control Ordinance (Article III, Chapter 14). They include E&S control measures to to prevent sediment from leaving the site, a temporary construction entrance, grading to provide positive surface drain away from the building, and permanent vegetation after final grading as prerequisite of issuance of the Certification of Occupancy.

Section 14-152 of the Code of the City of Richmond requires that a Performance Guarantee be posted. The bond amount is based on the estimated quantity of E&S control measures, the unit price from the Virginia Erosion and Sediment Control Handbook, 1992 and 20% of the total estimated E&S control measures cost. For the Idle Gray, that amounts to $3,650. Hopefully, it will be easy to have that money refunded upon completion of the house.