Prior to the adoption of a development regulation, including this chapter, revision, or amendment thereto, the Planning Board shall make and transmit to the City Council, within 35 days after referral, a report including identification of any provisions in the proposed development regulations, revision or amendment which are inconsistent with the Master Plan and recommendations concerning these inconsistencies and any others as the Planning Board deems appropriate. The City Council, when considering the adoption of a development regulation, revision or amendment thereto, shall review the report of the Planning Board and may disapprove or change any recommendations by a vote of a majority of its full authorized membership and shall record in its minutes the reasons for not following such recommendations. Failure of the Planning Board to transmit its report within the thirty-five-day period shall relieve the City Council from the requirements of this subsection in regard to the proposed development regulation, revision or amendment thereto referring to the Planning Board. Nothing in this section shall be construed as diminishing the application of N.J.S.A. 40:55D-32 to any official map or amendment or revision thereto or of N.J.S.A. 40:55D-62a to any zoning regulation or any amendment or revision thereto.