SECTION 10.03. TIME LIMITATION.

   Any matter referred to the Planning Commission by the Council shall be acted upon by said Commission within sixty (60) days from date of receipt of same by the Commission. If its recommendation or disapproval is not received by the Council within such time allowed, it shall be deemed to have been approved. Council may grant additional time for consideration if the subject matter requires same.

   Any matter disapproved by the Planning Commission shall require the affirmative vote of five (5) Council members for approval; otherwise the matter shall be abandoned or returned to the Planning Commission for further study and recommendation.