The planning commission may approve a proposed relocation subject to such conditions as it deems warranted by the circumstances. Said conditions may include specified landscaping and exterior finishing, dedication and improvements of streets and alleys adjoining the property, and time for completion of the work and improvements required. Such conditional approval shall not become effective, nor shall any action be taken thereon, unless and until a performance bond is furnished as required by this chapter. (Ord. 2000-23, 7-18-2000)