(A) All development pods approved at the Stage III Final Development Plan review shall be valid for a period not to exceed two years from the approval date of the Stage III Final Development Plan review for each respective development pod.
(B) If construction of at least 25% of the total cost of each development pod approved at the Stage III Final Development Plan review has not been completed within two years after the Stage III approval date, the approved final Stage II Preliminary Development Plan and accompanying Development Agreement shall be considered void, and the land shall revert to the zoning district designation in which it is located at the time of the PMUD application.
(C) If each approved development pod is not completed within two years after the date of the Stage III Final Development Plan approval and if construction of at least 25% of the total cost of each approved development pod has not been completed within the same two year period, the applicant may apply for a one year extension to fully complete each approved development pod. A one year extension of the initial two year plan approval period may be granted if Council finds that such extension is not in conflict with the public interest and the applicant has demonstrated substantial progress and shown good faith towards completing the project as originally approved.
(D) If Council approves a one year extension, each approved development pod shall be wholly completed within three years from the date of Stage III Final Development Plan approval. Failure to complete each approved development pod within this three year period shall constitute a zoning violation under this Zoning Code and the penalty provisions set forth in § 153.027 shall apply in addition to any other remedy available by law.
(Ord. 15-3490, passed 12-10-15)