If, within a period of three years after granting final approval of a planned development, building permits have not been issued pursuant to the approved project, the planning agency shall review on its own motion the grant of such planned development at a public hearing after giving written notice of such hearing to all persons claiming any right, title or interest of record in and to the affected property and adjacent property owners which notice shall be given at least twenty days prior to such hearing.
The planning agency shall determine whether the continued existence of the planned development is in the public interest, and such determination shall be based on the criteria specified in Section
17.04.020. At the conclusion of such hearing, the planning agency shall adopt a motion on the affirmative vote of a majority of its voting members which shall recommend to the city council that the existence of said planned development be continued or extinguished.
(Ord. 612 (part), 1995; Ord. 926 § 2 (part), 2020)