Until recorded as a plat of record, a property is unsubdivided. No more than one principle building may be constructed on such parcel, except that where streets and other improvements have been installed in accordance with the Step II approved preliminary plat, such streets shall be deemed to have subdivided the plat into blocks; and one principle building may be constructed upon each block so formed. Sale of any lot or portion of said parcel, unless by an entire block, shall not be made until approval of the final plat.
(A) Where a proprietor desires to construct additional buildings before improvements are completed and before the final plat is approved by the township, he or she shall submit proof of performance guaranty to the Township Board for approval. Said performance guaranty shall cover the entire cost of installing the remaining improvements plus an amount sufficient to pay all inspection costs. The performance guaranty shall be either an irrevocable letter of credit or a cash bond in proper form as approved by the Township Board and which shall have a specific time limit noted for installation of all required improvements.
(B) Regardless of the above stipulations on buildings, the Township Board may restrict building on uncompleted plats if in its opinion premature construction would not be in the best interests of the township.
(C) The Building Inspector shall not be authorized to issue any building permits in an unrecorded plat unless otherwise authorized by the Township Board under these provisions.
(Ord. 93-8, effective 1-20-1994)