The Board of Aldermen may from time to time on its own motion or on petition amend, supplement, change, modify or repeal by ordinance the boundaries of the districts or regulations or restrictions established. Any proposed amendment, supplement, change, modification or repeal should first be submitted to the Planning and Zoning Commission for its recommendations and report. If the Planning and Zoning Commission makes no report within thirty (30) days, it should be considered to have made a report approving the proposed amendment, supplement, modification or change. Upon the filing of the recommendations and report by the Planning and Zoning Commission with respect to any proposed amendment, supplement, change, modification or repeal, the Board of Aldermen should proceed to hold a public hearing in relation thereto, giving at least fifteen (15) days' notice of the time and place of such hearing, which notice should first be published in a newspaper having a general circulation in the City.