It shall be the function and duty of the Commission to make and adopt a Master Plan for the physical development of the municipality, including any areas outside of its boundaries which, in the Commission's judgment, bear relation to the planning of such municipality. Such plan, with the accompanying maps, charts, plats and descriptive matter, shall show the Commission's recommendations for the development of said territory, including, among other things, the general location, character and extent of streets, viaducts, subways, bridges, waterways, floodplains, waterfronts, boulevards, parkways, playgrounds and open spaces, the general location of public buildings and other public property and the general location and extent of public utilities and terminals, whether publicly or privately owned or operated, for water, light, sanitation, transportation, communication, power and other purposes and also the removal, relocation, widening, narrowing, vacating, abandonment, change of use or extension of any of the foregoing ways, grounds, open spaces, buildings, property, utilities or terminals, the general and neighborhood units and the general character, extent and layout of the preplanning and redevelopment of blighted districts and slum areas, as well as a zoning plan for the control of the height, area, bulk, location and use of buildings and premises. As the work of making the whole Master Plan progresses, the Commission may, from time to time, adopt and publish a part or parts thereof, and such part to cover one or more major sections or divisions of the municipality or one or more of the aforesaid or other functional matters to be included in the plan. The Commission may, from time to time, amend, extend or add to the plan.