1260.11 CONDITIONS, DURATION, RENEWAL AND TRANSFER OF PERMITS.
   (a)   Conditions. A special permit for a planned unit development may authorize the development to be carried out in accordance with the plan submitted or with such modifications or conditions, to be specified in the permit, as -the Planning Commission deems necessary to effectuate the purposes of this chapter. Conditions may include, but shall not be limited to, such matters as the recording of a final plat, easements or other additional covenants or restrictions, or time limits or a sequence of development to be observed.
   (b)   Duration. If a special permit for a planned unit development is issued, a building permit must be obtained and construction of the development must begin within one year after the date of issuance of the special permit:
   (c)   Renewal. A special permit for a planned unit development shall not be renewed. However, a new application for such a permit may be submitted to and acted upon by the Planning Commission.
   (d)   Transfer. If the ownership of a planned unit development site, or- a part thereof, is transferred, the special permit shall be deemed revoked, unless the Planning Commission approves transfer of the permit to the successor in interest in the development site. A mortgaging of the development site, or a part thereof, shall not constitute a transfer of ownership within the meaning of this section.
(Ord. 1049. Passed 2-26-85, )