§ 151.15 REVIEW OF THE FINAL PLAT BY THE VILLAGE COUNCIL. 
   Upon receipt of the final plat from the proprietor, together with the filing fees required under Section 241 of the Land Division Act, the Village Council shall review the final plat, and shall take action to approve or disapprove the final plat at its next regular meeting, or at a meeting called within 20 days of the date of receipt of the final plat.
   (A)   The Village Council shall require of the proprietor, as a condition of final plat approval, a cash deposit, certified check, or irrevocable bank letter of credit, whichever the proprietor selects, issued to the village to insure, within the time specified in the written agreement provided by § 151.17(B)(1), the performance of any contract relation with the village relative to improvement of public places or parts thereof that have not been completely installed or constructed at the time of final plat approval, and shall require either a cash deposit, certified check, or irrevocable bank letter of credit, whichever the proprietor selects, issued to the village for the full cost, as estimated pursuant to § 151.17(B)(1), of any required public improvements or parts thereof that have not been completely installed or constructed at the time of final plat approval, to insure the installation of such required public improvements within the time specified in the written agreement, after approval of the plat; provided the village shall refund to the proprietor as the work progresses, amounts of any cash deposits, or allow the appropriate reduction in security, in amounts equal to the cost of completed units of work stipulated in the agreement prepared pursuant to § 151.17(B)(1), performance guarantee, and satisfactory accomplishment of the construction milestones noted therein.
   (B)   After the Village Council has approved the final plat, no change shall be made therein unless the final plat is resubmitted for review and approval in accordance with the provisions of this chapter.
   (C)   Upon approval of the final plat, the subsequent approvals shall follow the procedure set forth in the Land Division Act of 1967, as amended.
   (D)   A certificate of approval of the final plat shall be affixed to the plat by the surveyor, and all copies of the final plat signed by the Village Clerk on behalf of the Village Council upon approval of the final plat by said body.
(Ord. 49, passed 3-14-05) Penalty, see § 151.99