Mount Pleasant Town Council implemented a building permit allocation system, which would place limits on home construction throughout the municipality.  The Council has wrestled with the decision in the past and finally approved a plan in January to restrict the number of building permits to slow residential growth by a third. New Permit Allocation System Will Contain Rapid Growth Mount Pleasant is the fourth-largest and fastest-growing city in South Carolina.  The town experienced rapid growth and now has 88,000 residents,…