Sec. 26-2-10. Staged release of BUAs.

The city shall release BUAs in three stages as described in this article. The projected dates for each stage, or “release,” are based on the assumption that landowners have obtained land use entitlements and are prepared to advance the funds or obligate their respective properties to bond financing to begin construction of the physical improvements. Accordingly, the release dates identified in this chapter may be earlier or later than planned, contingent upon the city’s determination, in its sole discretion, that sufficient progress has been achieved toward securing approval of land use entitlements. (Ord. No. 1343, § 3, (part).)