The City Council is hereby authorized to rezone land for use as a planned residential development if the following procedures and related standards are met:
A. Application for rezoning of land to the R-6, planned residential development district, shall be submitted in accordance with the procedures set forth in Article 1 of this chapter;
B. Prior to submitting its recommendation to the City Council, the Planning Commission shall review the rezoning proposal using the following criteria:
1. Consistency with the City's comprehensive plan;
2. Compatibility of the proposal with existing and future development in adjacent areas;
3. Economic feasibility, especially with respect to the City's housing market; and
4. Compliance with the provisions and standards included in Section 122-253;
C. Any substantial deviation from the approved development plan shall constitute a violation of the rezoning approval and must be resubmitted for review following the same procedures required for the original plan; and
D. Construction of the development which shall be started within two (2) years of the date of plan approval by the City Council. Failure to begin within the two (2) years shall void the development plan and shall cause the land to revert to the zoning district which existed immediately preceding the last rezoning.
(Code 1991, § 12-281)