A. The provisions of Ordinance 0-122, as amended, shall be applicable only to territory which is subject to a valid annexation agreement requiring the continued application of Ordinance 0-122.
B. Upon expiration of an annexation agreement for such territory, it shall be subject to the regulation and district classification imposed by this Title.
C. No additional territory shall be made subject to the provisions of Ordinance 0-122, and the Village Board shall, without notice or further public hearing, repeal the provisions of this Section and Ordinance 0-122 at such time as no territory remains subject to the regulations of Ordinance 0-122. (Ord. 93-695, 6-15-93)