(A) The town may require or allow for the phasing of development where public improvements are proposed in order to maintain satisfactory levels of service for existing public services and facilities or for other reasons based upon maintaining the health, safety and general welfare of the public.
(B) If an applicant proposes that a subdivision be constructed in phases, the following procedure shall apply:
(1) A master plan showing the entire proposed subdivision and all phases of development, proposed density, proposed type and location of utilities, and proposed development timetable shall be submitted to the Planning and Development Department for review along with the submission of a preliminary plat for approval. This provision shall not prohibit additional subdivision of subdivided areas where a master plan was not submitted. However, the master plan submitted for each phase of development shall be subject to meeting all development regulations and standards in place at the time of submission; and
(2) If required, a development agreement shall be entered into by the developer and town to guarantee the completion of public improvements as set forth in this chapter.
(Ord. passed - -)