Council, may, on its own initiative or upon the recommendation of the Planning and Zoning Commission, establish a Planned Unit Development. Nothing contained within this chapter shall preclude Council from modifying any regulations, standards or criteria prescribed by these Planned Unit Development standards or any other Zoning Code section if Council determines the regulation, standard or criterion is inapplicable because of the unique condition of the development area. Any modifications or deviations of any requirement of this Zoning Code shall be considered an individual “PUD Waiver” and shall be listed separately in the PUD Ordinance. A brief explanation of the nature of each PUD Waiver and the justification for granting each waiver shall be provided in the Ordinance.