The change of zoning to a Planned Development Interchange Commercial Overlay District shall be void and the land shall revert to the underlying zoning district classification if:
(a) A Final Development Plan consistent with the approved General Plan is not submitted to the Village within one year from the date of approval of the change of zoning unless an extension is granted by Council before the expiration of the one year period; and
(b) A building permit has not been issued within one year after approval of the Final Development Plan or the building permit expires without commencement of construction, unless an extension is granted by Council before such expiration.
(Ord. 4-2008. Passed 2-5-08.)