For any subdivision plan requiring modification of building lots under this article, the applicant shall submit to the Borough Secretary, an application including 15 copies of preliminary plans for review and approval by the Engineer, Planning Commission and Borough Council and then 15 copies of final plans plus payment of a fee in the amount to be prescribed by resolution of the Borough Council of Chester Heights. Before final approval, Council shall hold a public hearing thereon, giving notice thereof as specified in §
185-127A. Among other criteria, the Borough shall evaluate whether the applicant has made every reasonable effort toward environmental protection and historical preservation in determining whether to grant approval for lot averaging. The Borough Council shall, within a period of 60 days following the public hearing, give notice of the approval or disapproval of the application to the applicant. In the event of approval, the applicant shall have one year in which to begin construction of the subject premises.