§ 10-16. Powers and duties; submission of information.  


Latest version.
  • A. 
    The committee shall study proposed capital projects and improvements involving major non-recurring tangible assets and projects which involve:
    (1) 
    Acquisition of land for a public purpose;
    (2) 
    Any construction of a new facility or an addition to, or extension of, an existing facility;
    (3) 
    Any infrequent rehabilitation or major repair of a building, its grounds, or related equipment provided that the cost is $25,000 or more and the improvement will have a useful life of 10 years or more;
    (4) 
    Any purchase of any fixed asset provided that the cost is $10,000 or more; and
    (5) 
    Any planning, feasibility, engineering, or design study related to any of the above capital projects.
    B. 
    All purchases of capital equipment or fixed assets must be presented for study by the Capital Improvement Planning Committee regardless of the source of funding.
    C. 
    All officers, boards and committees shall, by December 1 of each year, give to the Committee, on forms prepared by it, information concerning all anticipated projects requiring Town Meeting action during the ensuing five years. The Committee shall consider the relative need, impact, timing and cost of these expenditures and the effect each will have on the financial position of the Town.
Amended 4-24-2017 ATM, Art. 30