(A) If an application is submitted for construction, reconstruction, or alterations affecting a site or the exterior of a structure or for the moving or demolition of a structure, the preservation of which the Commission considers to be of unusual importance to the county or municipal corporation or unusual importance to the entire state or nation, the Commission shall attempt with the owner of the structure to formulate an economically feasible plan for the preservation of the site or structure. Unless in these circumstances the Commission is satisfied that the proposed construction, alteration, or reconstruction will not materially impair historic, archeological, or architectural significance of the site or structure, the Commission shall reject the application, filing a copy of its rejection with the person designated by the Mayor and Council of the town.
(B) If an application is submitted for construction, reconstruction, alteration, or for the moving or demolition of a site or structure that the Commission considers to be of unusual importance and no economically feasible plan can be formulated, the Commission shall have 90 days from the time it concludes that no economically feasible plan can be formulated to negotiate with the owner and other parties in an effort to find a means of preserving the site or structure.
(Ord. 4-83, passed 11-9-1983; Ord. 7-95, passed 2-22-1996)