Approval by the board of trustees at this stage does not constitute acceptance of the subdivision. Approval of the preliminary plan shall be:
A. Considered permission to prepare detailed plans and specification for such proposed subdivision and for all public improvements therein;
B. Effective for no more than twelve (12) months from the date approval was granted unless, upon application of the subdivider within the period that such approval is valid, the board of trustees grants an extension of time beyond such period. The application for such extension shall not require an additional filing fee.
If a final plat has not been approved as required by the provisions of this title within such twelve (12) month period, or any extension granted thereto, the preliminary plan must be resubmitted to the plan commission as if such plan had never been approved. (Ord. 610, 4-9-2001)