A. The city shall make a finding of concurrency for each building permit application that passes the concurrency test.
B. The finding of concurrency shall be valid for the same time period as the underlying building permit, including any extensions thereof.
C. A finding of concurrency shall expire or be revoked if the underlying building permit expires or is revoked by the city.
D. A finding of concurrency accompanying a building permit for a particular parcel of property may be used by the heirs, executors, successors, or assigns of the original applicant.
E. All building permits that require one or more transportation facilities to be provided by the applicant shall be and are hereby conditioned upon an appropriate financial commitment by the applicant which is binding upon subsequent owners, heirs, executors, successors, or assigns, and upon the completion of such transportation facilities in a timely manner, prior to the issuance of the certificate of occupancy or prior to occupancy, unless stated otherwise in writing by the city. (Ord. 847, 8-17-2009)