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4.4 Development of the property and installation of improvements shall be in accordance with the plans and estimated development schedule provided by the DEVELOPER. 4.5 Failure by the DEVELOPER to commence development activity in accordance with the final development plans or within one year following the final approval of this PUD will necessitate the approval of an extension of the development schedule by the City Council prior to the expiration of the one-year period. If an extension is not applied for, the Council may instruct the Planning Commission to initiate rezoning to the least intensive zoning district consistent with the land use designation of the Comprehensive Plan. For purposes of this provision, development activity shall be defined as obtaining a building permit and beginning construction on the site. 4.6 Before the issuance of a building, grading, or excavation permit by the CITY, the DEVELOPER shall have posted with the CITY a landscape letter of credit or other security acceptable to the CITY in an amount equal to 150% of the cost of all site restoration and landscaping in accordance with pertinent requirements of the City Code. The Community Development Director, following completion of plans and after the passage of two growing seasons, shall determine the specific amount of this letter of credit or other security. 4.7 Landscaping installed within the Sandhurst Drive right-of-way shall be provided, installed, maintained, and replaced as necessary by the DEVELOPER to ensure � that the parking area remains screened in accordance with City Code standards. � 4.8 The DEVELOPER shall clean from streets dirt and debris resulting from � construction work by the DEVELOPER or its agents or assigns. The CITY will � determine whether it is necessary to take additional measures to clean dirt and � debris from the streets; after 24 hours' verbal notice to the DEVELOPER, the � CITY may complete or contract to complete the clean up at the DEVELOPER's � expense. � 5.0 PUD Zoning District Standards � Pursuant to the guidance of the Comprehensive Plan, the following shall serve as the � PUD zoning district requirements for the Subj ect Property and govern its use and � development. � 5.1 For initial development, the site plan (Exhibit A) illustrating the proposed � structure, parking lot, property lines, and setbacks, revised June 18, 2009 shall � represent the PUD zoning district standards. Where these requirements are silent, � the general zoning and development requirements and the standards of the least � intensive zoning district consistent with the land use designation of the � Comprehensive Plan shall govern. � 5.2 Use of the Subject Property shall be limited to the permitted and accessory uses in � the least intensive zoning district consistent with the land use designation of the Comprehensive Plan. Page 3 of 6