The governing body of the City may by resolution authorize the Planning Board from time to time to prepare a program of municipal capital improvement projects projected over a term of at least six years. Such program may encompass major projects currently being undertaken or future projects to be undertaken with federal, state, county and other public funds or under federal, state or county supervision. The program shall classify projects in regard to the urgency and need for realization and shall recommend a time sequence for their implementation. The program may also contain the other information required in N.J.S.A. 40:55D-29.

Whenever the Planning Board is authorized and directed to prepare a capital improvement program, every municipal department, authority or agency shall transmit to the Planning Board a statement of all capital projects proposed to be undertaken by each municipal department, authority or agency during the term of the program. This information shall be provided upon the request of the Planning Board and shall be utilized for study, advice and recommendation by the Planning Board.

Whenever the Planning Board shall have adopted any portion of the Master Plan, the governing body of the City shall refer any specific project to the Planning Board for review and recommendation in conjunction with the Master Plan before taking action necessitating the expenditure of any public funds incidental to the location, character or extent of such project. The Planning Board shall have 45 days to provide its recommendations to the governing body. This requirement 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.

The Planning Board shall review and issue findings concerning any long-range facilities plan submitted to the Planning Board pursuant to the Educational Facilities Construction and Financing Act, N.J.S.A. 18A:7G-1 et seq. The purpose of the review is to determine the extent to which the long-range facilities plan is informed by and consistent with at least the land use plan element and the housing plan element contained within the Master Plan. Additionally, the Planning Board shall determine the extent to which the long range facilities plan is consistent with the other elements of the Master Plan that the Planning Board deems necessary to determine whether the prospective sites for school facilities contained in the long-range facilities plan promote more effective and efficient coordination of school construction with the development efforts of the City. The Planning Board shall devote at least one full meeting to the presentation and review of the long-range facilities plan prior to the adoption of a resolution setting forth the findings of the Planning Board.