A. Extent Of Vested Rights: Upon approval of a land use application under this title, vested rights accrue only to the extent of such approval.
B. Termination Of Vested Rights:
1. The continuing validity of an approved land use application is conditioned upon the applicant proceeding after approval to implement the approval with reasonable diligence.
2. An applicant who has obtained vested rights under this title shall proceed with reasonable diligence to exercise development rights authorized by an approved application. Failure to take substantial action on an approved application. If the applicant fails to take substantial action on an approved application prior to the expiration date of such approval, as set forth in this title, such vested rights shall be terminated.
C. Waiver Of Vested Rights: An applicant having vested rights shall continually conform to all conditions of an approved application. An applicant's failure to do so shall constitute the applicant's knowing and wilful waiver of the applicant's vested rights under the application. (Ord. 2012-15, 9-20-2012)