(A) Unless another time period is specified in the ordinance rezoning the subject land, the approved development and/or use of the land, pursuant to building and other required permits, must be commenced upon the land within 18 months after the rezoning took effect and thereafter proceed diligently to completion.
(B) This time limitation may, upon written request, be extended by the Village Council if:
(1) It is demonstrated to the Village Council’s reasonable satisfaction that there is a strong likelihood that the development and/or use will commence within the period of extension and proceed diligently thereafter to completion; and
(2) The Village Council finds that there has not been a change in circumstances that would render the current zoning with statement of conditions incompatible with other zones and uses in the surrounding area.
Penalty, see § 154.999