Upon completion of the Planning Board procedure as set out in § 95-75, the Planning Board shall submit its recommendations on the proposed development or use to the Town Board for consideration. The Town Board shall, after public hearing, approve, approve with modifications or disapprove the proposed development or use. Town Board approval may be conditional in form, that is, the Town Board shall be free to impose any and all reasonable conditions, in keeping with the intent of each district, to ensure that the future use of the proposed development or use continues in keeping therewith. Such approval may take the form of a permit, and the Town Board may require any developer to execute a written consent to such terms and conditions for development and future use suitable in form for recording in the County Clerk's office. In addition, the Town Board may also require a bond securing compliance with any conditions set forth in any such permit, and noncompliance shall constitute grounds for revocation of the permit and forfeiture of the bond.