(a) The use, placement and dimensions of all buildings, driveways, sidewalks, parking areas, curb cuts and recreation areas and the installation of landscaping, fences and walls shall conform to the approved site plan.
(b) A performance bond or other financial guarantee of one hundred ten (110) percent of the development cost shall be placed with the City Clerk to insure that the landscaping is installed, that the hard surfacing of the private drives and parking areas is installed, and that the surface water drainage is installed, all in conformance with approved plans.