At the aforesaid hearing the Council shall hear oral objections to the proposed improvement and shall consider any written remonstrances thereto. If either oral or written remonstrances of the owners of 2/3 of the land to be specially assessed as a result of the proposed public improvement are received by the Council at the public hearing, then the remonstrances shall have the effect of defeating the proposed improvement, in which event no further action to effect the improvement shall be taken for 6 months. For the purposes of receiving and considering remonstrances, the owners of the property shall be those persons defined as owner in this chapter. If the Council, after hearing the oral and/or written remonstrances finds that there is not a sufficient remonstrance, it may proceed with the improvement.