Qualification. On the date any parcel of land is placed into a CMU Zone, it shall be part of one or more contiguous parcels of land containing a minimum of 45,000 square feet of land that is adjacent to Newport Avenue and that are under common control/ownership, unless otherwise waived by the City Council and the Planning Commission. The term "common control/ownership" means and relates to either one person or entity or separate entities in which the underlying ownership is held in part by one or more of the same person, persons, or entities.