The land regulations and control herein adopted and established have been made for the purpose of:
(A) Establishing reasonable rules and regulations governing the location, width, and course of streets, highways, and storm or floodwater runoff channels, basins and tubes;
(B) Providing for necessary public grounds for schools, parks or playgrounds on any map, plat or subdivision;
(C) Establishing reasonable requirements with respect to water supply, and sewage collection and treatment;
(D) Guiding and facilitating the orderly, beneficial development of the Village; and
(E) Establishing procedures for approving maps, plats, subdivisions and resubdivisions of any block, lot or sublot, or any part thereof or any parcel of land or place within the Village and within one and one-half (11/2) miles thereof and not lying within any other municipality or an area where mutual division of control has been established with such other municipality.