The standards and requirements of this chapter may be modified by the
Planning Commission in the case of a plan and program for a new complete community
or a neighborhood unit which may, in the judgment of the Planning Commission,
provide adequate public spaces and improvements for the circulation, recreation,
light, air and service needs of the tract when fully developed and populated
and which also provides such covenants or other legal provisions as will assure
conformity to and achievement of the final plan.
In granting waivers and modifications, the Planning Commission may require
such conditions as will, in its judgment, secure substantially the objectives
of the standards or requirements so waived or modified.