The Planning Commission shall rule on the final plat within ten days after its filing with the City Clerk. The Commission shall determine whether or not the final plat conforms to the Master Plan or such portions thereof as have been promulgated and whether or not the final plat is in substantial agreement with the proposed plat, with all amendments upon which conditional approval of the proposed plat was granted by the Commission and confirmed by Council incorporated therein. If the Commission approves the final plat, it shall, by resolution, direct its Chairman to sign the paper copies of the final plat map in the space provided therefor and notify Council of this action in its official minutes. Should the Commission find that the final plat does not conform substantially to the previously approved preliminary plat and that it is not acceptable, it shall record the reason in its official minutes, forward the same to Council and recommend that Council disapprove the final plat until the objections causing disapproval have been changed to meet with the approval of the Commission. The three paper copies of the final plat map shall, upon approval, be distributed as follows:
(a) One copy shall be retained by the Planning Commission;
(b) One copy shall be sent to the City Clerk for filing; and
(c) One copy shall be forwarded to Council for its use in acting on the final plat.