A. If, in the judgment of the commission, any building, structure, site, object, area of historical importance or district which has been designated as a historic property, landmark or district has ceased to comply with the designation criteria or no longer exhibits the characteristics which qualified it for designation, such property or properties may be recommended for exclusion from the boundary of the district they are within, or if the district as a whole no longer meets such criteria, it may be recommended for rescission of designation; or such property or landmark may be recommended for rescission of historic designation.
B. Property owners residing within a designated historic district, and owners of designated landmarks and historic properties may ask the commission for rescission of such designation.