One year from the date of conditional approval by the Town Board (§ 270-32F above) the proposed planned development shall be subject to review by the Planning Board. If a final development plan has not been submitted, or if a final development plan has been approved but reasonable progress has not been made toward eventual completion of the project, the Planning Board may recommend to the Town Board that conditional approval be withdrawn or, with good cause, extended for an additional year.

The planned development shall be subject to annual review by the Planning Board, and action by the Town Board, until it is completed in accordance with the final development plan. If the proposed development is discontinued or withdrawn at any time, the conventional land use regulations applicable to the area prior to approval of said planned development shall again be in effect and the performance bond used to restore the land to acceptable condition, including, but not limited to, demolition and removal of incomplete or damaged structures and the restoration of preexisting land features.