Applications for approval shall be submitted to the Planning Commission at least thirty (30) days prior to its regular meeting and shall be granted or denied only after a public hearing by the Planning Commission. The thirty (30) day period may be waived by the authority of the Mayor.   If approved by the Planning Commission, the application shall be deemed approved unless the City Council indicates disapproval within five (5) days after the next regularly scheduled Council meeting. (PZSC § 03-27-001 (2) (part))(Ord. No. 98-16, Amended, 10/21/98; Ord. No. 98-16, Amended, 10/21/98)