No resolution, ordinance, regulation, measure, or order of Council concerning a matter as to which the Planning and Zoning Commission has powers and duties, as provided in Section 14.03, shall become effective unless Council shall first have submitted the same to the Planning and Zoning Commission for report and recommendation.
Any matter so referred to the Planning and Zoning Commission shall be considered and acted upon by it within sixty (60) days from the date of referral unless a longer time be authorized by Council.
If the Planning and Zoning Commission shall fail to act within the time allotted, Council may act thereon as if it had received a recommendation of approval in such matters.