(A) In the case of the proposed subdivision of land by process of auction sale, the following procedure may be used by the developer.
(B) The developer shall prepare and submit a preliminary plan in accordance with the requirements of this chapter.
(C) The preliminary plan shall comply with the requirements of this chapter and in addition contain the following notation:
“This property is intended to be sold by auction on or about _________, 20_____, in whole or in part according to this plan. Sale of lots at such auction shall be in the form of agreement to purchase, and no actual transfer of ownership or interest in such lots shall occur until a final plan showing such subdivision of property is approved by the Borough Council in accordance with the borough subdivision and land development ordinance and recorded in the office of the County Recorder of Deeds.”
(D) After approval of the preliminary plan by the Borough Council, the auction sale may proceed. After the auction sale the developer shall prepare and submit a final plan in accordance with this chapter.
(Ord. 1-2006, passed 5-8-2006)