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^`b <br /> RESOLUTION 2. 00-92010 - <br /> Commencement and Process of Development <br /> 2 . In the event the developer fails , within e- 1- eighteen months from the effective <br /> date of the DO , to commence significant physical development beyond the <br /> development in existence on the approval date of the DO , development approval shall <br /> terminate, and the development shall be subject to further DRI review by the Council , <br /> Department of Community Affairs , and Indian River County pursuant to Section <br /> 380 . 06, Florida Statutes . For the purpose of this paragraph, construction shall be <br /> deemed to have initiated after placement of permanent evidence of a structure (other <br /> than a mobile home) on a site, such as the pouring of slabs or footings or any work <br /> beyond the stage of excavation or a land clearing, or construction of a permanent <br /> access road . <br /> Phasing <br /> 3 . a . The phasing of the development is approved and building beimits shall be issued <br /> and vested for traffic concurrency except as noted as follows : <br /> Commencement Residential/ SingleMultiple Recreational/ <br /> Pha Date. Commercial Family Family Clubhouse Other <br /> se Years Vested Dwelling Dwelling <br /> Until muni-& Tiu' Units <br /> is <br /> 1 2005-200 12/31 /2016 233 0 2 . 2 acre School site <br /> and <br /> Preservation <br /> areas <br /> 2 2012 12/31 /2019 150 0 2 . 7 acre <br /> 2006 2097 -34-9 <br /> 3 2 13 12/31 /2020 150 0 0 <br /> 200720 5 2K <br /> 4 2014 12/31 /2021 52 98 1 . 5 acre 20, 000 sq . ft . <br /> 2008 20099 9 Neighborhood <br /> Commercial * <br /> 5 2015 12/31 /2022 150 0 2 . 4 acre <br /> 20nzv09 20W 264 <br /> 6 2016 12/31 /2023 2-6 124 4 . 2 acre <br /> 20102014 <br /> Z 2017 12/31 /2024 113Q 0 <br /> Totals 1 , 374 222 13 . 0 acre <br /> RM : 7375429 : 1 <br /> 3 <br />