A. Any lot in a specific binding site plan filed for record shall be a valid land use notwithstanding any change in zoning laws and shall be governed by the terms of approval of the statutes, ordinances and regulations in effect on the date of the complete application of the general binding site plan application for a period of five years unless the director finds that a change in conditions creates a serious threat to the public health or safety to the general public.

B. In the event a portion of an approved general binding site plan permit is developed and recorded as a specific binding site plan and the remainder of the overall binding site plan is left undeveloped, the approval of the general binding site plan permit for the undeveloped portion(s) of the binding site plan shall expire unless an extension is approved as provided for in BMC 23.24.090. [Ord. 2018-12-036 § 2 (Exh. A)].