[Ord. No. 2634 §5.3, 3-12-1992]
A. Within sixty (60) days after the submission of the preliminary plan and all supplementary material to the Commission, the Commission shall approve (with or without conditions) or disapprove the preliminary plan. If the Commission does not act upon the preliminary plan within the sixty (60) day period, the preliminary plan shall be deemed approved by the Commission, except that the Commission, with the consent of the applicant, may extend the sixty (60) day period of review. The grounds for disapproval of any preliminary plan by the Commission shall be made a matter of public record.
B. If the preliminary plan is approved by the Commission, the applicant shall be authorized to proceed with the preparation of the final plan. A copy of the resolution approving or disapproving the preliminary plan shall be signed by the Commission Chairman, attached to the preliminary plan and filed in the office of the City Clerk.
C. Approval of the preliminary plan shall lapse unless a final plan of all or a portion included within the preliminary plan is submitted to the Commission within one (1) year from the date of the preliminary plan approval. A maximum extension of two (2) years may be granted by the Commission upon application by the subdivider prior to the expiration of the initial approval.