History: 24-165 a 6-month moratorium for Adult Use Cannabis

Meeting to discuss Chapter 119 - Capital Improvement Plan 

 As used in Chapter 119, the following terms shall have the following meanings:
   (a)   Capital Improvement Project. "Capital Improvement Project" means a planned undertaking of the City or an independent agency that leads to the acquisition, construction, or extension of the useful life of capital assets. Capital assets include land, buildings, parks, streets, water, stormwater, wastewater, utilities, and other items of value from which the community derives benefit. To constitute a capital improvement project, the project must:
      (1)   Have a total cost greater than twenty-five thousand dollars ($25,000) and useful life of more than five years.
      (2)   Be a one-time outlay, which is non-recurring in nature.
      (3)   Add to, enhance the value of, or extend the life of the City's physical assets.   
      (4)   Major equipment purchases or lease must be associated with a Capital Improvement Project and must meet the criteria in subsection (a)(1) above in order to be included as a Capital Improvement Project.
      (5)   Replacement and purchase of City vehicles must be associated with a Capital Improvement Project and must meet the criteria in subsections (a)(1) and (2) above in order to be included as a Capital Improvement Project.
      (6)   Any project which meets the definition of a Capital Improvement Project must be included in the Capital Improvement Plan, regardless of funding source.
      (7)   Excluded from the definition of Capital Improvement Projects are:
         A.   Expenditures for maintenance supplies and materials or replacement items which shall be budgeted as operating items.
         B.   Purchases involving ongoing debt service or lease/purchase costs which shall be budgeted in the Operating Budget.
         C.   All routine resurfacing of streets, recurring annual items such as, routine maintenance and repair.
         D.   Any and all Community Redevelopment Area Projects
   (b)   Capital Improvement Plan. The CIP is a comprehensive five-year plan of proposed Capital Improvement Projects, intended to identify and balance the capital needs of the community within the fiscal capabilities and limitations of the City budget. It is a significant element of the annual budget process and intended to be binding on future years in order to fulfill the purposes set forth above. While the CIP is updated annually and subject to change as emergencies arise or projects are delayed by circumstances beyond our control, the annual focus primarily will be on the fifth year of the plan as new projects are added. The first year of the plan is the basis for actual appropriations authorized by the City Council for capital projects when adopting the Annual Budget. The remaining four years establish priorities for future capital improvement projects. The CIP shall include the following information:
      (1)   A listing of the capital projects, equipment, and major studies; and
      (2)   A ranking of projects; and
      (3)   A financing plan; and
      (4)   A timetable for the construction or completion of the project; and
      (5)   A project justification; and
      (6)   A classification, itemization, and explanation for the project expenditures; and
      (7)   The responsible department.
   (c)   Capital Improvement Plan Budget. Capital Improvement Plan Budget shall be submitted annually with the City Operating Budget and is the first year of the Capital Improvement Plan. (Ord. 2022-201. Passed 12-15-22.)

 119.05 REVIEW, AMENDMENT, ADOPTION AND APPROPRIATION BY CITY COUNCIL.
   (a)   In conjunction with its review of the annual budgets for the City, the City Council shall:
      (1)   Review the proposed Capital Improvement Plan and the proposed Capital Improvement Plan Budget; and
      (2)   Amend the proposed Capital Improvement Plan Budget and the Proposed Capital Improvement Plan in the best interest of the community; and
      (3)   Adopt the Capital Improvement Plan Budget and the Capital Improvement Plan Program, as may be amended, by no later than October 30 of each year; and
      (4)   Make an appropriation to fully fund each Capital Improvement Project included within the first year of the Capital Improvement Plan.
   (b)   The City Council may amend the Capital Improvement Plan and any appropriations made pursuant to Section 119.05(a)(4) during the then current year, but only upon an enactment by City Council specifically identifying the reasons that deferral of such amendment until the immediately following annual budget review will be detrimental to the best interest of the community. Enactment of an ordinance approving a proposed CIP amendment during the fiscal year shall require approval by a majority of Council. Any amendment to the CIP must include all information required with respect to a project that is required for inclusion in the annual CIP.
(Ord. 2022-201. Passed 12-15-22.)