(A) The Village Board of Trustees shall either approve or disapprove the application for final plat within 60 days from the date of submission of approved Planning Commission minutes unless the Board and the subdivider mutually agree to extend this time limit. The Board of Trustees shall not approve any final plat unless:
(1) The final plat substantially conforms to the approved preliminary plat; or subsequent revisions required by the Village Board;
(2) The final plat manifests substantial compliance with the official map and with the design and improvements standard of this Development Code;
(3) To the Board's knowledge and belief, the final plat complies with all pertinent requirements of state law; and
(B) If the Village Board of Trustees disapproves the final plat, they shall specify the aspects in which the plat fails to meet the above conditions for approval.
(C) The village staff shall notify the developer of the Board's disapproval to the final plat. If approved, one copy of final plat shall be retained by the Clerk, one copy shall be filed with the village staff, and one copy shall be given to the subdivider.