(A) Traffic capacity shall be allocated upon issuance of a development order.
(B) The allocation of traffic capacity shall be subject to the following sunset provisions.
(1) Capacity approved and assigned to a development order will remain allocated until the development order expires, or until the development receives a certificate of occupancy, whichever occurs first. In the instance the development order expires, capacity shall be lost at the expiration of the development order, and a new certificate of traffic concurrency must be attained once the development order has expired.
(2) Capacity for a planned unit development or a development of regional impact shall remain allocated until such time as established by an enforceable development agreement.
(Ord. 532, passed 1-9-2007)