The standards and requirements set forth in these regulations may be modified by the Town Council in the case of a plan and program for a complete community or a planned development which in the judgment of the Town Council provides adequate public or private spaces and improvements for the circulation, recreation, light, air and service needs of the tract when fully developed and populated, and which also provides the covenants or other legal provisions as will assure conformity to the implementation of the plan. In granting the modification, the Town Council shall require the reasonable conditions and standards as will secure substantially the objectives and standards of this chapter. The Council may use a development agreement to formalize this situation.
(Ord. 2002-03, passed 6-25-2002)