B.__Each political subdivision shall enact ordinances that establish a procedure for review of a governmental action that may result in a constitutional taking and meet the requirements of this section, including the following requirements.

(1)__Any owner of private property whose interest in the property is subject to a taking or exaction by a political subdivision may appeal the political subdivision's decision within 30 days after the decision is made.

(2)__The legislative body of the political subdivision, or an individual or body designated by it, shall hear and approve or reject the appeal with 14 days after it is submitted.

(3)__If the legislative body of the political subdivision fails to hear and decide the appeal within 14 days, the decision is deemed approved.

10.__Public processes.__All activities related to the regulatory process or to land acquisition for preservation or any other public uses are subject to the open government and open meeting provisions of Title 1, chapter 13.__Notwithstanding the provisions of Title 1, section 405, subsection 6, all aspects of the regulatory process and land acquisitions for public purposes must be open and accessible to the public.

11.__Effective date.__This subchapter takes effect January 1, 2001.

Sec. 2. Federal and state court decisions regarding constitutional takings. The State and political subdivisions of the State shall comply with the legal principles set forth in the following state and federal court cases that address constitutional takings issues:

1. Cordeco Development Corp. v. Vasquez (354 F. Supp. 1355, 1972);

2. Dolan v. Tigard (512 U.S. 687, 1994);

3. Hafer v. Melo (502 U.S. 21, 1991);

4. Nollan v. California Coastal Commission (483 U.S. 825, 1987);