04-18-2024, 05:07 PM
(04-18-2024, 04:47 PM)tomh009 Wrote: 10 years is a long time. Depending on how we determine a "start" or a "build", I would think 2-4 years would be a reasonable maximum. If you take three years first and then decide to sell, your property will only have one year left and will be worth much less.
In the Growing Together bylaw the OPA/ZBA applications that are approved are automatically null and void after 10 years, meaning they must have building permits by then otherwise they'd have to get new OPA/ZBA and SPA.
Certainly deeming the start as the issuance of building permits would be reasonable similar to what's done in Growing Together. The term is obviously what's going to be the complicated issue, obviously less years is best but that might make developers look elsewhere, but too long and nothing is going to get built.