(A) Final plat. The final plat or plats, if more than one, must be submitted for approval in accordance with agreed to scheduling. The final plat or first final plat, if more than one, must be submitted for final approval not later than one year from the approval of the preliminary plat unless otherwise prescribed by the City Council. Actual construction, if any, as authorized must begin within one year from the date of the approval of the find plat. Actual construction shall require, at a minimum, if buildings are to be constructed, actual work on the components of the buildings and not mere land preparation and architectural planning. In the event that the same is not done, the planned development special use shall be null and void and the subject property shall revert to the zoning classification affixed to that property prior to the issuance of a planned development special use, or the Plan Commission shall initiate zoning changes as it deems necessary to serve the public interest.
(B) Conceptual plan and preliminary plat. If conceptual plan approval is granted and the preliminary plat or first preliminary plat, if more than one, is not submitted for review within one year of the approval or as otherwise prescribed, then the aforementioned procedure dealing with reversion for final plats shall be followed.
(C) Extensions. Extensions in the building schedule for individual one-year periods may be recommended by the Plan Commission and granted by the City Council. If the City Council so stipulates when acting favorably on a planned development, the Plan Commission may be delegated the authority of granting extensions in the building schedule for periods of up to one year.
(D) Abandonment. If a planned development is abandoned or not timely completed, then the subject property shall revert to the zoning classification affixed to the property prior to the issuance of the planned development special use.
(1980 Code, § 29.910) Penalty, see § 162.999