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A. Expiration. Upon expiration of the time frame set forth in the capacity reservation letter, if a building permit was not obtained within the reservation period, the director shall transfer the reserved capacity to the available capacity category.

B. Extensions. Up to 30 days before the expiration date of the capacity reservation, the applicant may request a no-fee extension of not more than 365 days. If a project is proposed to be phased, the applicant may request a capacity reservation extension matching a phasing plan agreed to by the director.

The director shall determine whether an extension is warranted, based on the following criteria:

1. Size of the project and the amount of capacity requested. A limit may be imposed on the amount of capacity that may be extended;

2. Phasing;

3. Location of the project;

4. Capacity availability within the service area;

5. Reasons for requesting the reservation time period extension; and

6. Whether the developer exercised good faith in attempting to acquire a building permit.

Any unused capacity for a specific yearly time frame may be carried forward into the next yearly time frame. No unused capacity may be carried forward beyond the duration of the reservation or any subsequent extension. After expiration, the applicant is required to prepare a revised traffic impact analysis to be reviewed by the director in a new concurrency evaluation. (Ord. 2014 § 1 (Exh. A), 2009; Ord. 1946 § 4, 2005; Ord. 1654 § 2, 1996; Ord. 1633 § 1, 1996).