Section 148-17 PLAT RECORDATION.
A. Conditions and procedures.
1. After approval by the Town Council and with all endorsements indicated on the record plat, the subdivider shall record his record plat in the office of the Clerk of the Circuit Court. No subdivision plat may be legally recorded unless it bears the required town approvals.
2. Such plat shall be filed and recorded in the office of the Clerk of the Circuit Court where deeds are admitted to record for the lands contained in the plat and indexed in the general index of deeds under the names of the owners of lands signing such plat and under the name of the subdivision.
3. Any plat not recorded within six (6) months after approval by the Town Council shall be considered void, and such approval shall be considered withdrawn.
4. The recordation of such plat shall operate to transfer in fee simple to the town such portion of the premises platted and set apart for streets, alleys or other public use and to transfer to the town any easement indicated on such plat to create a public right of passage over the same; but nothing contained in this section shall affect any right of a subdivider of land heretofore validly reserved.
B. Upon the recording of an approved plat in the office of the Clerk of the Circuit Court, all rights-of-way, easements or other interest of the town in the land included on the plat, except as shown thereon, shall be terminated and extinguished. However, an interest acquired by the town by condemnation or by purchase for valuable consideration and evidenced by a separate instrument of record shall not be affected thereby.
C. Where a developer bonds and records a final plat that is a section of an approved preliminary plat, the developer shall have the right to record the remaining sections shown on the preliminary plat for a period of five (5) years from the recordation date of the first section. Said final plats and plans shall comply with engineering and construction standards and zoning requirements in effect at the time each remaining section is recorded.