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be in sufficient detail so that it can serve as the basis for determining the <br /> conformity of any PUD Final Plan to the PUD Master Plan. <br /> 7. Additional Components. The Master Plan may include as <br /> additional components, a recreation component; a public building <br /> component, providing for consideration of administrative and public <br /> safety quarters; and such other components indicated by the nature of the <br /> particular proposed development. <br /> Subd. 6 Planned Unit Development (PUD) Final Plan. <br /> A. Purpose. The purpose of the PUD Final Plan is to implement and <br /> ensure conformity with the PUD Master Plan. Each stage of the PUD Master <br /> Plan shall require a PUD Final Plan before development. <br /> B. Procedures. The applicant for a PUD Final Plan approval of a specific <br /> stage of the PUD Master Plan shall complete and submit to the zoning <br /> administrator an application on forms provided by the administrator, including <br /> all application fees and escrows. Other applications such as preliminary plat, <br /> final plat, and conditional use permit may also be required. The applicant <br /> shall provide the following: <br /> 1. A written statement describing the proposed development in the <br /> PUD Final Plan application. <br /> 2. The proposed starting and completion dates for the construction. <br /> 3. The applicant shall submit documentation demonstrating that the <br /> PUD Final Plan is in conformance with the PUD Master Plan. <br /> C. Development Agreement and Bonding. <br /> 1. A development agreement and corporate surety may be required at <br /> the time of PUD Final Plan approval by the City Council to assure that all <br /> improvements to be constructed as part of the approved PUD Final Plan <br /> are completed in accordance with the terms and conditions of such plan, or <br /> each stage thereof as outlined in the construction staging component. The <br /> bond shall guarantee in a penal sum equal to one hundred twenty-five <br /> (125) percent of the cost of such improvements as estimated by the City. <br /> The development agreement and bond shall be filed with the administrator <br /> no later than sixty (60) days after PUD Final Plan approval. <br /> 2. The development agreement may provide for several bonds <br /> covering separate aspects of the PUD, the aggregate of which shall total <br /> one hundred twenty-five (125) percent of all the improvements to be <br /> constructed and completed by the applicant pursuant to the approved PUD <br /> 43 <br /> 186721v2 <br />