A. The Planning Commission shall hold a noticed public hearing on all petitions for, and Council initiations of, reversions to acreage, as is required for any other Planning Commission action in which the reviewing authority hears public testimony for and against the land use proposal, reviews evidence and renders its decision in connection with a land use approval.
B. In the case of a reversion to acreage by parcel map, the Planning Commission may approve the reversion to acreage only if it finds and records in writing the findings required by this Section.
C. For a reversion to acreage by final map, the Planning Commission shall render its decision in the form of a written recommendation to the City Council. Such recommendation shall include the reasons for the recommendation and shall be transmitted to the City Council in such form and manner as may be specified by the City Council. Upon receipt of the recommendation of the Planning Commission, the City Council shall hold a public hearing. Notice of the time and place of such hearing shall be given in the same time and manner provided for the giving of notice of the hearing by the Planning Commission. The City Council may approve a reversion to acreage only if it finds and records in writing the findings required by this Section.
D. Findings. Prior to approval, the reviewing authority shall find and justify the following to be true:
1. Dedications or offers of dedication to be vacated or abandoned by the reversion to acreage are unnecessary for present or prospective public purposes; and
2. Either:
a. All owners of an interest in the real property within the subdivision have consented to reversion;
b. None of the improvements required to be made have been made within two (2) years from the date the final or parcel map was filed for record, or within the time allowed by agreement for the completion of the improvements, whichever is later; or
c. No lots shown on the final or parcel map have been sold within five (5) years from the date such map was filed for record.