After a comprehensive municipal plan or section thereof has been recommended by the planning agency and a copy filed with the governing body, no publicly-owned interest in real property within the municipality shall be acquired or disposed of, nor shall any capital improvement be authorized by the municipality or special district or agency thereof or any other political subdivision having jurisdiction within the municipality until after the planning agency has reviewed the proposed acquisition, disposal or capital improvement and reported in writing to the governing body or other special district or agency or political subdivision concerned, its findings as to compliance of the proposed acquisition, disposal or improvement with the comprehensive municipal plan. Failure of the planning agency to report on the proposal within 45 days after a reference, or other period as may be designated by the governing body, shall be deemed to have satisfied the requirements of this section. The governing body may, by resolution adopted by two-thirds vote, dispense with the requirements of this section when, in its judgment, it finds that the proposed acquisition or disposal of real property or capital improvement has no relationship to the comprehensive municipal plan.
(Prior Code, § 2-15) (Ord. 494, passed - -)