If the TDMA objectives have been found to be met after review of the Annual Compliance Report by the Planning Board, no further action is required by the TMA, other than continued compliance, until submittal of the next Annual Compliance Report. If the TDMA objectives have not been met, a quarterly update will be required to be submitted to the Planning Board, and the Council will be notified by the Planning Board. If the objectives are not met by the second quarterly report, the Planning Board shall refer the matter to the TDMTAC and the Council.