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A. The initial approval of a master plan shall be a Type III decision as provided for in ACC 14.03.030.

B. The master plan can be approved for a maximum 10 years with a review by the city at year five. At year five, the city will review the following:

1. Whether the phasing established under the original master plan still meets the needs of the applicant.

2. Whether traffic substantially changed within the first five years of the master plan to an extent that would warrant additional review and mitigation.

C. No later than six months prior to the end of the fifth year in the master plan, the applicant shall conduct a neighborhood review meeting pursuant to ACC 18.02.130.

D. The master plan, including any approved extension, vests as to the uses and standards contained in the master plan for the period of approval except for development regulations related to public health and safety issues, including but not limited to building codes, fire codes, mechanical codes, plumbing codes, electrical codes, and property maintenance codes, which shall vest upon the city’s acceptance of a completed permit application for each specific permit.

The city reserves the authority to impose new or different officially adopted regulations if, and to the extent required by, a serious threat to the public health and safety, as determined by the city. The city also reserves the authority to impose new or different officially adopted regulations, if federal or state laws require new or different standards.

E. Subsequent project applications shall be consistent with the master plan.

F. The master plan will be treated as a single site for purposes of calculating impact fee credits per ACC 19.04.060. (Ord. 6385 § 3, 2011.)