Section 1603-I - Existing approval(a) Automatic suspension.--The expiration date of an approval by a government agency that is granted for or in effect during the extension period, whether obtained before or after the beginning of the extension period, shall be automatically suspended during the extension period.(a.1) Cities of the first class.--In cities of the first class and agencies established by such cities, the suspension provided for in subsection (a) shall be valid, for any covered approval, 20 days after the notice from the approval holder to the agency that issued the approval of the approval holder's intent to exercise his or her rights under the suspension and payment of a fee equal to 50% of the original application fee, but not to exceed $5,000. The agency that issued the approval may prescribe a form of notice.(b) Duration.--Nothing in this section shall shorten the term or duration an approval relating to development would have had in the absence of the enactment of this section. Nothing in this section shall prohibit the granting of additional extensions as provided by law.(c) Riparian leases.--(1) The time period relating to obtaining a building permit under section 1(i) of the act of February 22, 2008 (P.L. 36, No. 4), entitled, "An act authorizing the Department of General Services, with the concurrence of the Department of Environmental Protection, to lease to VTE Philadelphia, LP, or its nominee, land within the bed of the Delaware River in the City of Philadelphia; and affirming the authority of the General Assembly to enact certain conveyances," shall be extended until January 1, 2013, or one year from the effective date of this subsection, whichever is later.(2) The time period relating to obtaining a building permit under section 1(i) of the act of February 22, 2008 (P.L. 41, No. 5), entitled, "An act authorizing the Department of General Services, with the concurrence of the Department of Environmental Protection, to lease to NCCB Associates, LP, or its nominee, land within the bed of the Delaware River in the City of Philadelphia; and affirming the authority of the General Assembly to enact certain conveyances," shall be extended until January 1, 2013, or one year from the effective date of this subsection, whichever is later.1929, April 9, P.L. 343, No. 176, art. XVI-I, § 1603-I, added 2010, July 6, P.L. 279, No. 46, § 2.5, retroactive effective 7/1/2010.