Within 62 days after the close of such hearing, the Planning Board
shall approve, with or without modification, or disapprove the preliminary
plat. The grounds for a modification, if any, or the grounds for disapproval
shall be stated upon the records of the Planning Board. When so approving
a preliminary plat, the Planning Board shall state, in writing, such
modifications, if any, as it deems necessary for submission of the
plat in final form. Within five business days of the approval of such
preliminary plat, it shall be certified by the Clerk of the Planning
Board as granted preliminary approval, and a copy of the plat and
resolution shall be filed in said clerk's office, and a certified
copy of the resolution shall be mailed to the subdivider and filed
in the office of the Village Clerk.