Residential Planned Unit Development
If an applicant does not begin and complete project construction within two years of the date of Planning Board approval of the planned unit development, the Planning and Codes Department, with the assistance of City Engineer, shall review the original construction cost estimates and the adequacy of the original guarantee, and shall determine if the amount of the guarantee established by the Planning Board should be adjusted. If the Department determines that the initial amount of the guarantee is inadequate, the applicant shall have a period of 60 days to provide the revised amount of the guarantee identified by the Department to the Department. |