Within sixty (60) days after the first regular meeting of the Board of Zoning Appeals following submittal of an application filed pursuant to Section 1147.03, the Board shall either approve, approve with supplementary conditions as specified in Section 1147.04, or disapprove the request for appeal or variance. If the application is approved, or approved with supplementary conditions, the Board shall make a finding that the reasons set forth in the application justify the granting of the variance that will make possible a reasonable use of the land, building or structure. If the request for appeal or variance is denied, the reasons for such denial shall be noted in writing. The Board shall transmit a written copy of its decision and findings to the Zoning Inspector, who shall forward such copy to the applicant by first class mail, or in person.