For the purpose of this chapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
APPROVAL AUTHORITY. The Board of Commissioners, Board of Adjustment, Planning Board or other board or official designated by ordinance or this chapter as being authorized to grant the specific zoning or land use permit or approval that constitutes a site- specific vesting plan.
MULTI-PHASED DEVELOPMENT. A development containing 25 acres or more that is both of the following: (1) submitted for development permit approval to occur in more than one phase; and (2) subject to a master development plan with committed elements showing the type and intensity of use of each phase.
SITE SPECIFIC DEVELOPMENT PLAN. A plan of land development submitted to the town for purposes of obtaining one of the following zoning or land use permits or approvals: Planned Unit Development (PUD) subdivision plat; conditional or specific use permit.
ZONING VESTED RIGHT. A right pursuant to G.S. Ch. 160D to undertake and complete the development and use of property under the terms and conditions of an approved site-specific vesting plan.
(Ord. passed 3-12-92; Am. Res. passed 4-8-10; Am. Ord. 2014-001-O, passed 4-10-14; Am. Ord. passed - -)