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Planned unit development projects may be initiated by:

A. The owner of all the property involved, if under one ownership; or

B. An application filed jointly by all owners having title to all of the property in the area proposed for the planned unit development project, if there is more than one owner. Whenever an application is filed by more than one owner, the application should recite a willingness by the applicants to enter into a binding agreement between all owners of lands within the proposed PUD whereby the planned unit features, such as open space, greenbelt, access parking, and similar items, shall become a covenant running with lands involved within the PUD. Additional guarantees, including, but not limited to bonds, may be required by the city council; or

C. A governmental agency. (Ord. 2020 § 15, 1994; Ord. 743 § 1, 1974; Ord. 190 Art. XII § 12.1a, 1964)