(A) A final development plan or a phase thereof shall terminate and be deemed abandoned if:
(1) The landowner shall fail to commence development by failing to receive a building permit or failing to undertake substantial construction on the property after receiving a building permit within 12 months after receiving final development plan approval, or a longer period of time if an extension of the final plan has been granted by the Board of Trustees; or
(2) The landowner abandons the final plan or a phase thereof and notifies the Administrator in writing of the abandonment.
(B) Whenever a final plan or phase thereof has been abandoned as provided in this section, no development shall take place on the property until a new final development plan has been approved.
(`92 Code, § 40-2-14) (Ord. 00-11, passed 7-5-00)