Within 45 days after receipt by the Land Use Board of an application for a PRD, the Land Use Board shall hold a public hearing, public notice of which shall be given in the manner prescribed by subsection 26-1.8, and such publication shall set forth the application in full. The Chairman, or in his absence, the Acting Chairman of the Land Use Board may administer oath and, upon application by any interested party or upon its own motion, compel the attendance of witnesses. All testimony by witnesses at any hearing shall be given under oath and every party of record at a hearing shall have the right to cross-examine witnesses. A transcript of the hearing shall be caused to be made by the Land Use Board, at the cost of the applicant, copies of which shall be made available, at cost, to any party to the proceedings and to the Land Use Board and Borough Council, without cost, as accepted in evidence shall be identified and duly preserved, or if not accepted in evidence, shall be properly identified and the reason for the exclusion clearly noted in the record. A report on the proposed PRD shall be prepared and filed with the Land Use Board by the professional planner for the Board, if any, not less than five days before the public hearing, and the report shall be available for public inspection during regular business hours.