In accepting such a plan for review, the Planning Commission must be satisfied that the proponents of the development project are financially able to carry out the project; that they intend to start construction within one year of the approval of the project or the effective date of any necessary change or variance in zoning, whichever is later; and intend to complete the development within a specified time acceptable to the Commission. The Commission may require a financial statement or such other evidence as may be necessary to ascertain the financial standing of proponents and the required signed statements indicating the proponents will comply with all the requirements of the Zoning Ordinance.
(Ord. 1307-84. Passed 2-20-84.)