The following time requirements shall be adhered to when completing the process of subdivision plan review through subdivision completion.
A. Interval Between Review Stages
The applicant shall have one (1) year, from preliminary plat approval, to submit final plat plans, unless an extension of time is granted by the Planning Board. In the event final plat plans are not submitted within the required time frame, the applicant shall be required to reapply to the Planning Board for preliminary review and approval based on the latest revision of these rules and regulations. Subdivisions in the review process, on the adoption date of these rules and regulations, shall be updated to conform to these rules and regulations within six (6) months of the adoption date, after which the applicant shall be required to reapply for preliminary plat review and approval.
B. Endorsement of Final Plat Plans
Mylars and associate materials may be submitted, to the administrator officer, within one (1) year of final approval for endorsement by the appropriate official. The Administrative Officer shall advise the applicant when the plans have been endorsed after which the applicant shall have seven (7) days in which to record the plat and associated material. In those instances where an applicant chooses to complete the actual construction of required improvements prior to recording the subdivision, the mylar and associated material shall be submitted for endorsement within thirty (30) days of approval of the improvements (by the Town) and recorded within seven (7) days of endorsement.
C. Construction Commencement
Subdivision construction shall commence within one (1) year of final plat approval by the Planning Board. If subdivision construction is not commenced within the year, the applicant shall be required to reapply, to the Planning Board, for final plat plan review and approval.
D. Construction Completion
Subdivision improvements construction shall be completed within two (2) years of final plat approval by the Planning Board. If, due to circumstances beyond the control of the applicant, construction cannot be completed on time, the Planning Board may grant an extension of time. (See Section 704 -"Extension of Time")