Planning Board. Every such proposed amendment or change to be considered by the Town Board shall be referred to the Planning Board for report thereon before a public hearing is conducted by the Town Board. In recommending the adoption of any such proposed amendment, the Planning Board shall state, in writing, its reasons for such recommendation, describing any conditions that it believes make the amendment advisable, and specifically setting forth the manner in which, in its opinion, the amendment would be in accordance with the Town Development Plan Update and be in the furtherance of the purposes set forth in Article
I of this chapter. In recommending the rejection or revisions of any proposed amendment, the Planning Board shall similarly state its reasons. Failure on the part of the Planning Board to report to the Town Board its recommendation with respect to any proposed amendment within 30 days after the date of referral shall be deemed to be approval thereof, unless such proceeding have theretofore been terminated or such time be extended by resolution of the Town Board.