fh at This permit shall lapse if the Permittee does not substantially commence the conatruction, oz the first phase of a phased development, permitted by thig pexmit within two (2) years of the date of this permit. Thia permit is not a building permit. AUTHORIZING RESOLUTION PASSED BY THE COUNCIL THE 7TH DAY OF OCTOBER, 1991. ISSUED THIS DAY OF Y ACKNOWLEDGE THAT I HAVE READ AND UNDERSTAND THE TERMS AND CONDITIONS UPON WHICH THIS PERMIT IS ISSUED. Applicant (or Authorized Agent or Representative of Applicant) 1D392/266~267