Pursuant to the provisions of Subsection 5 of §§ 7-725-a and 7-725-b of the Village Law of the State of New York, the Planning Commission is hereby authorized and empowered to waive any requirements for the approval, approval with modifications or disapproval of applications for special use permits and/or site plans in the event any such requirements are found by the Planning Commission not to be requisite in the interest of the public health, safety or general welfare or inappropriate to a particular site plan. The grant of such waivers shall be subject to the imposition of appropriate and reasonable conditions directly related to the grant thereof and which are deemed necessary to eliminate or mitigate any identified adverse effects or undesirable consequences that may result from such grant. Such conditions may include, but shall not be limited to, restrictions on the nature, density, size and intensity of a particular use, conditions relating to traffic congestion and safety, access, screening, landscaping, the location and dimensions of structures, and the protection of adjacent land use and physical features meant to protect adjacent land uses.