Whenever the public necessity, convenience, general welfare or good zoning practice requires, the Mayor and Council may, by ordinance, after recommendation by the Planning and Zoning Commission and subject to the procedure set forth in this article, amend, supplement or change the regulations, district boundaries or classifications of property now or hereafter established by this chapter or amendments thereof. Such amendment, supplement or change may be initiated by resolution of the Mayor and Council, by motion of the Planning and Zoning Commission or by petition of any property owner or contract purchaser addressed to the Mayor and Council.