The Building Inspector shall act as Secretary to the Board, and it shall be his or her duty to refer to such Board of Architectural Review plans for any building for which a permit is sought and which, in his or her opinion, requires such referral in conformity with the purposes set forth in Subsection A herein, but not for detached single- and two-family residential structures, except those that are developed as part of a subdivision approved after the effective date of this provision. All applications to the Planning Commission shall be deemed to be simultaneously referred to the Board of Architectural Review, and the approval of the Planning Commission shall be deemed to be an approval of the Board of Architectural Review. Meetings of the Board of Architectural Review shall be held no less than monthly and/or at such times as the Chairman of the Planning Commission may determine for the purpose of acting on any application for building permits referred to them, as hereinafter required. A majority of the Board of Architectural Review shall constitute a quorum for the transaction of business. The Board shall keep minutes of its proceedings, showing the vote of each member upon each question or, if absent or failing to vote, indicating such fact, and shall also keep records of its examinations and other official actions. The Board of Architectural Review shall have power from time to time to adopt, amend and repeal rules and regulations, not inconsistent with law or the provisions of this section, governing its procedure and the transaction of its business and for the purpose of carrying into effect the outlined standards.