Upon referral by the Construction Official, and at its discretion, the approving authority for site plan approval, anything herein notwithstanding, where in the authority's judgment, the construction, reconstruction, alteration, change of tenancy, change of use or change of ownership (whether to a permitted use, the same use or different permitted use) will not significantly affect traffic, water supply, sewage disposal, drainage, landscaping, signs, lighting, off-street parking or loading, or the lack of any or all of these factors, environmental factors and other considerations as specified in this chapter, may waive the submission of formal site plan approval. The waiver of such formal submission of site plan review may be subject to appropriate conditions and any such waiver decision shall be reduced to writing in the same manner as other land use decisions are rendered. The cost of any such waiver procedure shall be borne by the applicant in accordance with the applicable fee schedule.