1137.03 FINAL PLAT.
   (a)    Application. An application for approval of a final plat shall be submitted in writing to the Building Inspector. The application shall include the original tracing of the final plat, the original tracing of the drawings for the required improvements, three black-on-white prints of each tracing, three sets of specifications and profiles, and other maps, data and certificates as set forth in Section 1143.03. 
   The developer may obtain conditional approval of the plat and install the required improvements before applying for approval of the final plat, or, alternatively, he or she may apply for approval of the final plat and drawings and specifications of required improvements concurrently and furnish performance guarantees that he or she will install the improvements thereafter.
   (b)    Review by Village Engineer. The Building Inspector shall transmit three prints of each drawing and the specifications to the Village Engineer for determination of whether or not:
(1)    The final plat conforms to the approved preliminary plans and any special conditions or modifications stipulated, and mathematical data and computations are correct; and
(2)    The designs and details of the required improvements as shown on the drawings and profiles and specifications are in conformance with the construction standards in effect in the Village.
   One copy of each set of prints and specifications shall be returned to Council by its next regular meeting indicating the Village Engineer's determinations.
   (c)    Council Action on Final Plat. If the Village Engineer finds that the final plat, drawings, profiles and specifications are satisfactory in regard to the aforesaid provisions, and if the subdivision complies with all other applicable provisions of these Subdivision and Land Development Regulations, Council shall approve it. Action shall be taken within sixty days after the meeting at which the application for approval and all required plats, maps and data were submitted to Council or within a mutually agreed upon extension.
   Council shall act upon the final plat, drawings, profiles and specifications either separately or concurrently, but in no event shall it approve the final plat for recording until the improvements are constructed or their construction has been satisfactorily guaranteed.
   (d)    Form of Approval. The approval of the final plat shall be noted on the original tracing of the plat with the signature of the Village Clerk and the Village Engineer. Such approval shall indicate the number of the resolution approving the final plat and the date of passage. The Village shall retain a duplicate tracing thereof at the developer's expense. The signed original tracing of the plat shall be returned to the developer. The approval of the drawing, profiles and specifications for the required improvements shall be indicated by a certificate to that effect on the original drawings and specifications over the signature of the Village Engineer. Approval of the improvements as constructed shall likewise be certified by the Village Engineer.
   (e)    Recording. The Village Engineer or the developer shall file the signed original tracing of the approved final plat in the office of the County Recorder. Approval by the Village shall expire on the sixtieth day following final action by Council, unless within that period the plat shall have been duly filed and recorded and the Council and the Planning and Zoning Commission are provided with the recording data by the developer. If the final plat is revised in any manner after approval, the approval shall be null and void.
   (f)    Effect of Approval and Recording. If drawings, profiles and specifications for improvements are approved, the construction of the same may be started. After satisfactory construction the final plat may be approved and recorded, building permits may be issued, and lots may be sold, leased or transferred. If drawings and specifications for improvements are approved and their construction satisfactorily guaranteed, the final plat may be approved for record purposes only and recorded, construction of improvements may be started, building permits may be issued, and lots may be sold, leased or transferred.