Whenever the inspector determines by inspection that the work on any structure or
project, authorized by permit and once commenced, has been suspended or abandoned
for a period of one hundred twenty days, he shall give written notice to complete
or demolish and remove the work, to the owner or other person in control of the property
upon which the structure or project is situated. Thereafter the owner or other person
in control of the property shall either obtain a new permit within one hundred twenty
days from the notice date and diligently pursue the work to completion, or demolish
and remove the structure or project within one hundred twenty days from the notice
date.