Before a public hearing is held by the City Council on a proposed amendment, the Planning Commission shall submit a report to the City Council. A copy of the report shall be kept available for public inspection. A copy of the report shall also be furnished to the party who proposed the amendment at the same time it is transmitted to the City Council. Such report shall contain a recommendation as to whether the Planning Commission approves or disapproves of the proposed amendment and the Planning Commission's specific suggestions and determinations on the relevant items.