This chapter, or any part thereof, may be amended, supplemented or repealed from time to time by the Village Board on its own motion, upon recommendation by the Planning Board or by petition in accordance with § 7-708 of the Village Law. Every such proposed amendment shall be referred, prior to the public hearing, by the Village Board to the Planning Board for a report which shall become part of the official minutes of said hearing. The Village Board shall not take action on any such amendment without such report from the Planning Board unless the Planning Board fails to render such report within 62 days after its next regularly scheduled meeting following the date of such referral.