Common use of Plat Approval Clause in Contracts

Plat Approval. A. Plat Approval Procedure The Village will not complete the approval process for the final PLAT of the Subdivision until all of the following have been completed: 1. Payment by the Developer of all amounts that are due prior to plat approval under this Agreement. 2. The date this Agreement becomes effective. 3. Upon either acceptance of dedication of the improvements described in this Agreement, or upon the filing with the Village Clerk and acceptance by the Village of a satisfactory financial guarantee in accordance with Section III(A) for such purpose in accordance with the terms of this Agreement. B. Risk of Proceeding with Improvements before Approvals of Final Plat If the Developer proceeds with the installation of public improvements or other work on the site prior to the approval of the final plat, it proceeds at its own risk as to whether the final PLAT will receive all necessary approvals. Prior to commencing installation of public improvements or other work on the site, Developer shall notify the Village of the Developer's intention to proceed with installation of public improvements or other work on the site prior to approval of the final PLAT. Additionally, Developer shall make arrangements to have any public improvements or other work on the site inspected by the Village.

Plat Approval. A. Plat Approval Procedure The Village will not complete the approval process for the final PLAT Final Plat of the Subdivision until all of the following have been completed: 1. Payment by the Developer of all amounts that are due prior to plat approval under this Agreement. 2. The date this Agreement becomes effective. 3. Upon either acceptance of dedication of the improvements described in this Agreement, or upon the filing with the Village Clerk and acceptance by the Village of a satisfactory financial guarantee in accordance with Section III(A) for such purpose in accordance with the terms of this Agreement. B. Risk of Proceeding with Improvements before Approvals of Final Plat If the Developer proceeds with the installation of public improvements or other work on the site prior to the approval of the final platFinal Plat, it proceeds at its own risk as to whether the final PLAT Final Plat will receive all necessary approvals. Prior to commencing installation of public improvements or other work on the site, Developer shall notify the Village of the Developer's ’s intention to proceed with installation of public improvements or other work on the site prior to approval of the final PLATFinal Plat. Additionally, Developer shall make arrangements to have any public improvements or other work on the site inspected by the Village.