Abandonment and removal. When submitting an application for a telecommunications facility, the applicant shall also submit an agreement to remove all antennas, driveways, structures, buildings, equipment sheds, lighting, utilities, fencing, gates, accessory equipment or structures, as well as any tower used as a telecommunications facility if such facility becomes technologically obsolete or ceases to perform its originally intended function for more than 12 consecutive months. Upon removal, the land shall be restored to its previous condition, including but not limited to the seeding of exposed soils. The Planning Board is hereby authorized to require the applicant, as a condition of approval, to submit a reclamation plan indicating the procedures to be undertaken to restore the site subsequent to removal of the facilities. The Board is also authorized to require the applicant to post an escrow deposit with the City in an amount sufficient to ensure compliance with this section.