Page 69 - Ordinance Chapter 17

b. In the case of a private open space reservation, the open area
to be reserved shall be protected against building
development by conveying to the Village as part of the
conditions for project approval an open space easement over
such open areas restricting the area against any future
building or use except as is consistent with that of providing
landscaped open space for the aesthetic and recreational
benefit of the development.

c. The care and maintenance of a private open space reservation
or amenity area shall be assured by establishment of
appropriate management organization for the project. The
manner of assuring maintenance and assessing such cost to
individual properties shall be determined prior to the approval
of the final project plans and shall be included in the
conditions of approval and in the title to each property.

(g) Economic Feasibility and Impact. To minimize the possibility of adverse
effect resulting from failure to implement an approved project or from the
economic impact of its development upon the community, the proponents
of a planned development shall provide satisfactory evidence of their
economic feasibility to finance the project and that the economic prosperity
of the area or the values of surrounding properties would not be adversely
affected as compared to the impact of development which might reasonably
have been anticipated under the zoning in effect at the time the planned
development was proposed.

(h) Implementation Schedule. Proponents of a planned development district
shall submit a reasonable schedule for implementation of the development
to the satisfaction of the Village Board, including suitable provisions for
assurance each phase shall be brought to completion in a manner which
would not result in an adverse effect upon the community.

(i) Enforceability. Such requirements as are made a part of an approved
development plan shall be, along with the plan itself, construed to be
enforced as a part of this chapter.

(5) PROCEDURE. The procedure for rezoning to a planned development district
shall be as required for any other zoning district change under this chapter, except
that in addition thereto, the rezoning may only be considered in conjunction with a
development plan and shall be subject to the following additional requirements:

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