The Planning Board shall review an environmental impact statement submitted in support of an application for preliminary major subdivision or preliminary site plan approval within the time periods defined in Chapter 45, Land Use Procedures, for subdivision and site plan review applications. The Planning Board shall grant the application only if it can be reasonably concluded from the report as presented and from such other expert evidence as may be available to the Planning Board that the project as applied for will have no reasonably avoidable significant adverse effect on the environment of Pohatcong Township.