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B. Building Permits <br /> <br /> 1. Building permits may be obtained in the <br /> <br />calendar year for which Growth Management approval is <br />given or any time in the next two calendar years. <br /> <br />Thus, where this agreement identifies a Growth Management <br />approval for the year 1982, building permits for the <br />authorized units must be obtained by December 31, 1984. <br /> <br /> 2. Once a building permit is issued, its time of <br />expiration shall be controlled by Uniform Building Code <br />Standards. In that event, any fees or consideration <br />Daid pursuant to this agreement shall not be refundable. <br /> <br /> 3. Upon expiration of the Growth Management <br />approval or building permit issued pursuant to the <br />Growth Management approval, the approval shall be <br />terminated as to the Developer and the City will reallocate <br />those units in accordance with the Growth Management <br />plan. <br /> <br /> 4. The expiration of Growth Management approval <br /> <br /> as to a unit or units authorized for a specific year <br /> shall not be considered a breach of this agreement by <br /> the Developer and shall in no way affect the validity <br /> of a Growth Management approval for subsequent years. <br /> <br /> 5. Expiration of Growth Management approval or <br />building permit issued pursuant to the Growth Management <br />approval as to a unit or units will, unless otherwise <br />provided by action of the City, terminate the obligation <br />of the City to the Developer as to said unit or units <br /> <br />-4- <br /> <br /> <br />