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Building Permits and home construction may proceed during construction and prior to final <br />platting or bonding of any Division with Occupancy Permits for said home construction issued <br />upon and simultaneously with final platting or bonding of said division. <br />The project may be developed over a period of 20 years with a possible five-year extension. It is <br />the Project's goal to be complete within a twenty-year period but as has been experienced during <br />previous years political, environmental, economic, and development cycles may increase or <br />decrease the development period of the Project. Therefore, the phases and the development period <br />may be slowed or accelerated as circumstances requires or allow. <br />Market and/or weather or seasonal conditions may impact the rate of development. The Project may <br />be accelerated if approvals and conditions allow for said acceleration. The Project may be slowed if <br />approvals, market conditions and/or other conditions cause said slowing. Indoor and or Outdoor <br />Recreation Facilities may be constructed and operated during any of the phases. <br />The land within the recreation open space that is not being developed as home sites may continue to <br />evolve as recreation interests change over the life of the project <br />If approvals occur later then planned or if other actions or conditions delay development the Staging <br />and Phasing of the Project the entire Project may be delayed. The progress of the development of <br />items that include but are not limited to utilities, the transportation corridor and platting delays may <br />accelerate or delay the development of the parcels. <br />The Project is designed in such a manner that each Phase may follow the proceeding Phase but <br />Phases may be constructed simultaneously and at some times out of order. Infrastructure may be <br />constructed beyond the current Phase that is under construction. <br />The following table format will outline the Staging/phasing plan. <br />Building Permits shall only be issued as allowed per platted lot. At no time shall home <br />construction be allowed or building permits issued prior to final platting of any Division that <br />exceeds that allowed by existing platted lots at the time of building permit submittal.