Quote:
Originally Posted by counterfactual
I hope they give the minimal amount of extension time. This thing has been sitting smoldering for too long.
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Again it wasn't mentioned but from the other time extension applications I have seen none have exceeded two years in length. Given that this is downtown and it was done under the old planning rules and not HbD I imagine this will be for one year or less.
The Development Agreement was approved by council on September 9th, 2008. There is not set amount of time to have it registered but assuming it was done within 120 days (standard on new DA's) that means it came into effect by January 2009. Add five years and they have until January 2014 to have foundation work started. So with a standard one year extension that means excavation work will have to start this summer.
Here's the final Development Agreement;
Case 00971 Staff Report