Pursuant to § 7-718 of the Village, Law there shall be a Planning Board composed of five members. The members of the Planning Board shall be appointed for a term of five years each, by the Mayor, subject to the approval by the Village Board. The members of the Planning Board in office on the effective date of this chapter shall continue in office until the end of the terms for which they were appointed and until their successors have been appointed as herein provided. Appointments shall be for terms so fixed that one shall expire annually and succeeding appointments shall be for five-year terms. The Village Board shall appoint a Chairperson each year or, during the absence of such designation, a Chairperson may be chosen by the Planning Board. The Village Board may appoint a Secretary to the Planning Board who is not a member of said Board. The Planning Board may pay for the services of its Secretary or experts but not in an amount exceeding the budget appropriation for the Planning Board made by the Village Board. The Planning Board already established shall continue to function under the provisions of this chapter and under the provisions provided in Article 7 of the Village Law of the State of New York.

There shall be two alternate members of the Planning Board who shall be appointed by the Mayor, subject to approval by the Village Board, for terms of two years each, except that the terms of one of the alternate members initially appointed shall be one year. Thereafter, the term of each alternate member shall be two years from and after the expiration of the term of their predecessors in office. One alternate member shall be designated at the time of appointment as first alternate member. The other alternate member shall be designated at the time of appointment as second alternate member. The first alternate member shall sit as a member of the Planning Board to hear and determine in those matters before the Board whenever a regular member of the Board shall be disqualified from participating in such matter due to conflict of interest or unable to participate in hearing and determining such matter due to temporary inability to serve because of illness, absence or disability. In the event that more than one regular member of the Planning Board shall be disqualified or unable to participate in hearing and determining a particular matter for the reasons hereinabove set forth, the second alternate member shall sit as a member of the Board for the purpose of hearing and determining such matter. When so sitting to hear and determine a matter before the Board, each alternate member of the Board shall have the same powers and privileges as a regular member of the Board.

Recommend on its own, or by referral from the Village Board, matters relating to proposed amendments to the Valley Stream Zoning Law.

Review, approve, approve with modifications or disapprove applications for subdivisions in accordance with Article XXVIII of this chapter.

Any application before the Planning Board shall be referred to the Nassau County Planning Commission as required in General Municipal Law §§ 239-l, 239-m and 239-n and the Nassau County Charter § 1610 not less than 35 days prior to a public hearing.

Failure of the Nassau County Planning Commission to report its recommendations within 30 days after receipt of a full statement of such referred material, or such longer period as may have been agreed upon by it and the Planning Board, shall be construed as approval.

If the Nassau County Planning Commission disapproves the proposed subdivision, the proposal shall not become effective except by a vote of a majority plus one of all the members of the Planning Board, and such approval shall fully set forth the reasons for such contrary action.

If the Nassau County Planning Commission should recommend modification of the proposed subdivision and the Planning Board does not incorporate said modification into such proposed subdivision, then said proposed subdivision shall not be approved except by a vote of a majority plus one of all the members of the Planning Board, and such approval shall fully set forth the reasons for such contrary action.

If the Planning Board shall incorporate all the modifications recommended by the Nassau County Planning Commission or if the Nassau County Planning Commission should approve a proposed subdivision, then the proposed subdivision may be approved by a vote of a majority of all the members of the Planning Board.

A report of the decisions of the Planning Board shall be filed with the Nassau County Planning Commission if referral was initially required.