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Resolution No. 93-52 <br />Page Two <br /> <br /> A. Growth management approvals shall lapse and shall <br /> be of no further force and effect if for a <br /> continuous period of six (6) months, <br /> <br /> · during the construction season, no substantial <br /> construction work is done on work required by <br /> the subdivision agreement; or <br /> <br /> · after substantial completion of the <br /> improvements required by the subdivision <br /> agreement, no building permits have been <br /> applied for by owner for construction of <br /> dwelling units; or <br /> <br /> · after completion of the model homes, no active <br /> marketing program is underway (such program <br /> shall include but is not limited to a sales <br /> office/model home complex, signage and <br /> advertising); the Zoning Administrator, after <br /> notification to the Owner, may initiate a <br /> proceeding and hold a public hearing to <br /> determine whether the project has been making <br /> substantial progress toward completion of its <br /> development plan. <br /> <br /> If a final determination is made that a project is <br /> not making substantial progress on its development <br /> plan, said determination shall specify in detail <br /> those items on which no substantial progress has <br /> been made for a continuous period of six (6) <br /> months. <br /> <br /> After a final determination that a project is not <br /> making substantial progress on its development <br /> plan, Owner shall have sixty (60) days to cure or <br /> commence and diligently prosecute cure. <br /> <br /> If the Owner does not cure or commence and <br /> diligently prosecute cure, the City Council may <br /> take action to declare that the project's unused <br /> growth management approvals have lapsed. <br /> <br /> B. Growth management approvals will be allocated and <br /> used as follows: <br /> <br /> 1. Developer shall reallocate its growth <br /> management approvals as follows: <br /> <br /> <br />