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(b) Phase Two. Commencing on the later <br />of May 1, 1985 or upon approval and funding of the <br />Stoneridge Drive Interchange, Owner may use an <br />additional Sixty-Seven (67) Property Sewer Permits <br />("Phase Two Permits"). All Phase Two Permits <br />shall expire and the sewer capacity represented <br />thereby shall revert to the sole control of the <br />City as of Four Hundred Eighty-Nine (489) days <br />after the commencement of Phase Two except as <br />provided below: (e.g. if Phase Two commences on <br /> <br />May 1, 1985, then Phase Two Permits will expire on <br />September 2, 1986. ) <br /> (i) In the case of Phase Two <br />Permits which have been used to obtain <br /> <br /> building permits, that sewer capacity shall <br /> not revert to the City unless the building <br /> permit expires pursuant to Uniform Building <br /> Code standards or Owner fails to obtain a <br /> Final Building Inspection of the basic shell <br /> building within three years after issuance of <br /> building permits. <br /> <br /> (ii) Ten (10) Phase Two Permits, or <br /> the remaining unexercised Phase Two Permits <br /> if less than that number of Phase Two Permits <br /> remain to be exercised Four Hundred Fifty- <br /> <br /> 12 <br /> <br /> <br />