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When the town council has adopted the master plan of the town or of one or more major sections or districts thereof, no street, square, park or other public way, ground or open space, public building or structure, or publicly or privately owned public utility shall be constructed or authorized in the town or in such planned section and district until the location, character and extent thereof has been submitted for approval by the town's planning commission and town council. In case of disapproval, the planning commission or town council shall communicate its reasons to the governing body of the entity proposing such development, which governing body has the power to overrule such disapproval by a recorded vote of not less than two-thirds (2/3) of its entire membership. If the public way, ground space, building, structure, or utility is one the authorization or financing of which does not, under the law or charter provisions governing the same, fall within the province of the municipal governing body, the submission to the council or commission shall be by the governmental body having jurisdiction, and the council or commission's disapproval may be overruled by said governmental body by a vote of not less than two-thirds (2/3) of its membership. The failure of the planning commission and council to act within one hundred eighty (180) days from and after the date of official submission shall be deemed approval. (Ord. 11, Series 1997)