Submissions under this section shall receive the same rights as stipulated under §
170-168D herein.
A. Obligation of successive owners in planned developments. In the event
of any conveyance or transfer of any property within a planned development
having received preliminary approval, the Planning Board shall be
given notice of such intended conveyance or transfer prior to any
actual transference thereof. Such notice shall be accompanied by the
following information:
(1)
A precise description of the interest being transferred.
(2)
The obligations to be assumed by the transferee.
(3)
A copy of any agreement entered into between the transferor
and the transferee.
(4)
An agreement that the transferee agrees to be bound by all of
the applicable provisions of prior Planning Board approvals.
(5)
Such other information as may be required by the Planning Board.
B. The Planning Board, following receipt of such notice and supporting
information, shall consider the effect of the proposed conveyance
or transfer on the completion and implementation of any terms, conditions
and obligations imposed pursuant to the approvals granted by the Planning
Board, and may require such additional assurances as it shall deem
necessary to protect the public interest and the integrity of the
approved planned development plan.
C. The terms, conditions and obligations of any Planning Board approvals
shall be binding on the original developer, their successors and assigns,
provided that no obligation, term or condition may be assigned without
the prior written consent of the Planning Board.