(A) No public grounds or streets shall be vacated except upon the Council's own motion or upon the petition directed to the Council of a majority of the owners of property on the line of the public grounds or streets residing within the city, and completion of the procedure hereinafter specified. The petition shall set forth the reasons for the desired vacation, accompanied by a plat of the public grounds or streets proposed to be vacated, and the petition shall be verified by the oath of a majority of the petitioners residing within the city.
(B) If, in the discretion of the Council, it is expedient that the matter be proceeded with, it may order the petition filed for record with the Records Administrative Secretary, order a hearing on the petition and fix the time and place of the hearing.
(C) The Records Administrative Secretary shall give notice of the hearing by publication once at least 15 days in advance of the hearing, and by mail to the last known address of all the owners of property on the line of the public grounds or streets proposed to be vacated at least ten days in advance of the hearing, the last known addresses to be obtained from the office of the County Auditor. The notice shall state in brief the object of the hearing, the time, place and purpose thereof, and the fact that the Council, or a board or commission designated by them, shall hear the testimony and examine the evidence of the parties interested.
(D) The Council, after hearing the same, or upon the report of the Board or Commission designated to hold the hearings, may be ordinance passed by a vote of at least five members, declare the public grounds or streets vacated, or deny the petition. The ordinance, if granting the petition, shall be certified by the Records Administrative Secretary and shall be filed for record and duly recorded in the county office of the County Recorder.
(`86 Code, § 5.05)