A
that has been vested as provided in this chapter
terminate with any one of the
being satisfied:
(A) Upon the issuance of a building permit, the expiration provisions of G.S. § 160D-1111 and the revocation provisions of G.S. § 160D-403
apply, except that a building permit
not expire or be revoked because of the running of time while a
under this section is outstanding.
(B) At the end of the applicable vesting period with respect to building and uses for which no valid building permit application has been filed.
(C) With the
consent of the affected
.
(D) Upon a finding by the
, by ordinance after notice and public hearing, that natural or man-made hazards on or in the immediate vicinity of the
, if uncorrected, would pose a serious threat to the public health, safety and welfare if the project were to proceed as contemplated in the
; provided, however, that no
in the immediate vicinity
intentionally create or allow to be created any hazards, subsequent to the vesting hereunder, for the purpose of causing the termination of a
.
(E) Upon payment to the affected
of compensation for all costs, expenses, and other losses incurred by the
, including, but not necessarily limited to, all fees paid in consideration of financing and all architectural, planning, marketing, legal and other consultant's fees incurred after approval by the
, together with interest thereon at the legal rate until paid. Compensation
include any diminution in value of the
which is caused by such action.
(F) Upon findings by the
, by ordinance after notice and public hearing, that the
or his or her representative intentionally supplied inaccurate information or made material misrepresentations which made a difference in the approval by the
of the
.
(G) Upon enactment or promulgation of a
or federal law or regulation that precludes development as contemplated in the
, in which case the
modify the affected provisions, upon finding that the change in
or federal law has a fundamental effect on the plan, by ordinance after notice and public hearing.
(H) Upon the repeal and absence of replacement of G.S. § 160D-108.
(Ord. passed 3-1-2004; Am. Ord. passed 10-13-2005; Am. Ord. 2021-03, passed 3-25-2021)