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uPPIY. <br />ag and <br />(flood <br />is and <br />ith the <br />re con.. <br />rS magi <br />ststeat <br />xerva- <br />pment <br />BY sYs- <br />x sub- <br />mg��.¢x <br />135 'to <br />tg per- <br />at been <br />Le con <br />ilities <br />maxi- <br />in 'an <br />tat the <br />:cifica: <br />:meats <br />pmP, & <br />, <br />ations <br />ms <br />of <br />tregts, <br />;areas <br />posed <br />or f <br />:a) the <br />&can <br />ag the' <br />xer fe <br />need <br />ultof <br />g pm- <br />isions <br />all be <br />t maY <br />irdin <br />eview, <br />s with <br />HOUSING, REDEVELOPMENT, PLANNING, ZONING 462358 <br />affected political subdivisions and state agencies. The regulations may provide for the <br />consolidation of the preliminary and final review and approval or disapproval of subdi- <br />visions. Preliminary or final approval may be granted or denied for parts of subdivision <br />applications. The regulations may delegate the authority to review proposals to the <br />planning commission, but final approval or disapproval shall be the decision of the gov- <br />erning body of the municipality unless otherwise provided by law or charter. The regu- <br />lations shall require that a public hearing shall be held on all subdivision applications <br />prior to preliminary approval, unless otherwise provided by law or charter. The hearing <br />shall be held following publication of notice of the time and place thereof in the official <br />newspaper at least ten days before the day of the hearing. At the hearing, all persons <br />interested shall be given an opportunity to make presentations. A subdivision applica- <br />tion shall be preliminarily approved or disapproved within 120 days following delivery <br />of an application completed in compliance with the municipal ordinance by the appli- <br />cant to the municipality, unless an extension of the review period has been agreed to <br />by the applicant. When a division or subdivision to which the regulations of the munici- <br />pality do not apply is presented to the city, the clerk of the municipality shall within <br />ten days certify that the subdivision regulations of the municipality do not apply to the <br />particular division. <br />If the municipality or the responsible agency of the municipality fails to prelimi- <br />narily approve or disapprove an application within the review period, the application <br />shall be deemed preliminarily approved, and upon demand the municipality shall exe- <br />cute a certificate to that effect. Following preliminary approval the applicant may <br />request final approval by the municipality, and upon such request the municipality <br />shall certify final approval within 60 days if the applicant has complied with all condi- <br />tions and requirements of applicable regulations and all conditions and requirements <br />upon which the preliminary approval is expressly conditioned either through perfor- <br />mance or the execution of appropriate agreements assuring performance. If the munici- <br />pality fails to certify final approval as so required, and if the applicant has complied <br />with all conditions and requirements, the application shall be deemed finally approved, <br />and upon demand the municipality shall execute a certificate to that effect. After final <br />approval a subdivision may be filed or recorded. <br />Subd. 3c. Effect of subdivision approval. For one year following preliminary <br />approval and for two years following final approval, unless the subdivider and the <br />municipality agree otherwise, no amendment to a comprehensive plan or official con- <br />trol shall apply to or affect the use, development density, lot size, lot layout, or dedica- <br />tion or platting required or permitted by the approved application. Thereafter, <br />pursuant to its regulations, the municipality may extend the period by agreement with <br />the subdivider and subject to all applicable performance conditions and requirements, <br />or it may require submission of a new application unless substantial physical activity <br />and investment has occurred in reasonable reliance on the approved application and <br />the subdivider will suffer substantial financial damage as a consequence of a require- <br />ment to submit a new application. In connection with a subdivision involving planned <br />and staged development, a municipality may by resolution or agreement grant the <br />rights referred to herein for such periods of time longer than two years which it deter- <br />mines to be reasonable and appropriate. <br />Subd. 4. [Repealed, 1982 c 415 s 31 <br />Subd. 4a. Disclosure by seller, buyer's action for damages. A person conveying a <br />new parcel of land which, or the plat for which, has not previously been filed or <br />recorded, and which is part of or would constitute a subdivision to which adopted <br />municipal subdivision regulations apply, shall attach to the instrument of conveyance <br />either. (a) recordable certification by the clerk of the municipality that the subdivision <br />regulations do not apply, or that the subdivision has been approved by the governing <br />body, or that the restrictions on the division of taxes and filing and recording have been <br />waived by resolution of the governing body of the municipality in this case because <br />compliance will create an unnecessary hardship and failure to comply will not interfere <br />with the purpose of the regulations; or (b) a statement which names and identifies the <br />