Each approved final PUD must be under construction within 12 months after the date of approval of the PUD final development plan, except as noted in this section.
(A) The Village Council may grant one extension of up to an additional 12 month period from the expiration date of the PUD of phase of a PUD if the applicant applies for such extension prior to the date of the expiration of the PUD or PUD phase and provided that:
(1) The applicant presents reasonable evidence that said development has encountered unforeseen difficulties beyond the control of the applicant; and
(2) The PUD requirements and standards, including those of the Zoning Ordinance and Master Plan, that are reasonably related to said development have not changed.
(B) Should neither of the provisions of division (A) of this section be fulfilled, or an extension has expired without construction underway, the PUD preliminary plan approval(s) shall be null and void. This does not include any phases that may have received final PUD approval.
(C) Should the PUD District become null and void, then the Village Council has the right to rezone the property back to the prior zoning classification(s) or to rezone it to any other zoning classification(s). If the property is not rezoned, then the subject property remains zoned as a PUD, but the preliminary or final PUD plans previously approved become null and void. In order to utilize the property as a PUD, an applicant would have to submit plans for preliminary and final PUD site plan approval as stated in this subchapter, but would not require PUD rezoning action from the Council.