The planned unit development shall be designed in accordance with the following standards and criteria:
A. The planned unit development shall be under single ownership and/or unified control at the time of filing an application for approval of the planned unit development.
B. All public improvements shall conform to the regulations and design standards of Title 11, Land Subdivisions, of this Village Code, including the posting of required securities, except that the design standards may be modified if the function of the public improvement is not altered.
C. The planned unit development shall provide for the dedication of land for park and recreational purposes and land for school sites or a cash contribution in lieu of actual land dedication or a combination of both, all in accordance with this Code.
D. In a planned unit development, the provisions of this Code which prohibit the utilization of any parcel of land or lot for the purpose of erecting more than one principal building or structure may be waived by the Village Board.
E. All buildings, structures and uses of land within the planned unit development shall conform to the area, lot width, yard, height and bulk regulations of the zoning district in which the planned unit development is located or, for those uses which are not allowed in that zoning district but are allowed as part of the planned unit development, the area, lot width, yard, height and bulk regulations of the zoning district in which they are first permitted. These regulations may be waived or modified by the Village.
F. A minimum of twenty five percent (25%) of the land area of the planned unit development devoted to multiple-family residential use shall consist of common open space. No area within thirty feet (30') of any building or structure, except one used for recreational purposes, shall be included in the computation of the common open space requirements. In no event shall the total amount of common open space, including the required park donation, have to exceed forty five percent (45%) of the gross land area of the planned unit development. (Ord. 93-695, 6-15-93)