Motion or petition — public hearing. The Village Board may, from time to time on its own motion, on recommendation of the Planning Board, or on petition of one or more property owners in the Village, amend supplement, modify, or repeal the regulations and provisions of this chapter after public notice and hearing. When such public hearing is held pursuant to a petition, and the Village Board does not thereafter vote to amend the chapter as sought by the petition, then the Village Board will not be required to hold another public hearing on the same, or substantially the same matter within one year after the date of the first such hearing.