Final development plan approval shall not be valid for a period longer than 12 months from the date of such approval, unless within such period a building permit is obtained and substantial construction is commenced and all additional building permits necessary to complete the project as approved in the final development plan schedule are obtained in a timely fashion, as determined by the Administrator. The Board of Trustees may grant one extension of no more than 12 months upon written request of the original applicant. An application for extension of a final development plan may be granted, if the application is filed before the final development plan expires. Upon granting an extension, the Board of Trustees has the authority to attach new conditions to the final development plan as it deems appropriate. Substantial construction as used in this section shall mean completion of at least 10% of the construction in terms of the total expected cost of the project for which the permit was issued.
(`92 Code, § 40-2-12) (Ord. 00-11, passed 7-5-00)