Whenever the Board shall have adopted any portion of the Master Plan, the Borough Council or other agency having jurisdiction over the matter, before taking action necessitating expenditure of public funds, shall refer the project action to the Board for review and recommendation and shall not act thereon without such recommendation or until 45 days have elapsed without such recommendation. This shall apply to action by a housing, parking, highway, special district or other authority, redevelopment agency, school board or other similar public agency, state, county or municipal.