(A) Legal effect of subdivision. The plat of the subdivision is without legal effect unless and until approved and signed by the Plat Committee as herein provided and filed with the Auditor and the Recorder of Montgomery County. Unless the plat is duly recorded within 90 days from the date of the secondary plat approval, the Plat Committee approval of the plat shall expire and shall be of no effect until subsequently reinstated by the Plat Committee.
(B) Extension. Recording of a secondary plat upon granting of secondary approval may be extended by the Plan Commission until improvements are completed and the plat is signed if it is the intention of the petitioner to complete the improvements before the plat is signed rather than posting a performance bond.
(C) Subdivision of land by reason of leasehold interest only. This provision requiring the recording of a subdivision plat upon the granting of secondary approval may be waived by the Plan Commission in the case of development of land coming within the definition of subdivisions under this chapter solely by reason of the division of land by reason of leasehold interests only. In such case, the subsequent transfer of ownership of any portion or parcel thereof by other than leasehold interest, shall require the same to be resubmitted to the Plat Committee for approval under the terms of this chapter, including recording.
(Ord. 5-2009, passed 3-9-09)