Prior to the hearing on adoption of the Zoning Ordinance or any amendments thereto, the Municipal Council shall refer any such proposed ordinance or amendment thereto to the Planning Board. The Planning Board shall transmit a report on the proposed ordinance or amendment to the Municipal Council within 35 days after referral. The Municipal Council shall review the report of the Planning Board and may disapprove or change any recommendation by a vote of the majority of its full authorized membership and shall record, in its minutes, the reason for not following such recommendations. Failure of the Planning Board to transmit its report within the thirty-five-day period shall relieve the Municipal Council from the requirement to review the Planning Board's recommendations.