A. Upon filing of any proceeding referred to in § 600-408 and while pending before the Board, all land development pursuant to any challenged ordinance, order or approval of the Zoning Administrator or of any agency or body, and all official action thereunder shall be stayed.
B. Action by appropriate City officials shall not be stayed if the Zoning Administrator or any other appropriate agency or body certifies as to the Board facts indicating that such stay would cause peril to life or property.
C. Notwithstanding Subsection B above, a restraining order may be granted by the Board or by the court having jurisdiction of zoning appeals on petition after notice to the Zoning Administrator or other appropriate agency or body.
(1) When an application for development, preliminary or final, has been duly approved and proceedings designed to reverse or limit the approval are filed with the Board by persons other than the applicant, the applicant may petition the court having jurisdiction of zoning appeals to order such persons to post a bond as a condition to continuing the proceedings before the Board.
(2) The granting of a petition presented pursuant to Subsection C(1) and the amount of any bond related thereto shall be within the sound discretion of the court.