When owners of more than 50% of the frontage within a district or part of a district comprising not less than one block shall present to the Municipal Council a petition or other application, duly signed, requesting the change, relocation or revision of said district or a part thereof, the Municipal Council shall act upon said request within 60 days after the filing of said petition or other application with the City Clerk. Said petition shall be accompanied by a map showing the area for which the change of district is asked and all immediately abutting property and uses thereof and, further, shall be accompanied by a statement setting forth the grounds or reasons for the proposed change.