(A) Generally. The following provisions shall apply to all Planned Unit Development Districts.
(B) Specifically.
(1) Time limitations on developments.
(a) Each PUD development shall be under construction within 1 year after the date of Village Council approval of the final development plan and the petitions for rezoning.
(b) If this requirement is not met, the Village Council may, in its discretion, grant an extension of time, not exceeding 1 year, for the commencement of construction, provided that the applicant presents reasonable and valid evidence to the effect that the development has encountered unforeseen difficulties, but is then ready to proceed without further delay.
(c) If the development is not commenced within 1 year after issuance of the building permit, or within the above stated 1-year extension, if granted, any building permit issued for the development shall thereupon be void and no further effect, and the Zoning Administrator, Planning Commission, and Village Council may initiate and carry out proceeding for the rezoning of the lands to some other district.
(2) Performance bonds. In its review of any final development plan, the Zoning Administrator, Planning Commission, or Village Council may require reasonable agreement or other undertaking by the applicant to guarantee and assure the completion of the proposed PUD, to the extent and in the manner specified in the final development plan, including a performance bond in the amount and upon the terms as the Zoning Administrator may determine to be necessary to assure the timely and proper completion of the development in accordance with the final development plan.
(3) Additional provisions. All provisions of this chapter and other applicable ordinances of the village shall apply to the PUD District except where inconsistent therewith, in which case the provisions of §§ 152.170et seq. shall control.
(Ord. passed 10-23-1978, § 13.15) Penalty, see § 152.999