(a) The advisory committee shall submit a final written report to the municipality within 90 days of its designation containing:

1. (1) a description of the characteristics of the cable system deemed best suited to the needs and interests of the municipality; and
2. (2) a “Request for Proposals”, in compliance with section 894.3 of this Part.

(b) The advisory committee shall submit a copy of its final report to the commission upon submitting it to the municipality. Upon receipt of the final report of the advisory committee, the municipality shall:

1. (1) make a copy of the report available for public inspection during normal business hours; and
2. (2) consider the findings and recommendations contained in the report and, at a public session, within 45 days of the receipt of such final report, adopt a formal request for proposals that conforms to the requirements of section 894.3 of this Part. The request for proposals submitted by the advisory committee as part of its final report is not binding on the municipality and may be modified in whole or in part.