[R. O. 1947, ch. 35, § 5; Ord. No. 451, § 1, 6-8-1983]
As used in this article, the terms “capital improvement,” “capital outlay” and “project” shall mean:
(a) 
Any physical public betterment or improvement and any preliminary studies and surveys relative thereto.
(b) 
The acquisition of property of a permanent nature.
(c) 
The purchase of equipment for any public betterment or improvement when first erected or acquired.
[R. O. 1947, ch. 35, § 1; Ord. No. 451, § 1, 6-8-1983; Ord. No. 1147, § V, 9-29-2015]
In accordance with Article 7, Section 7-5 of the City Charter enacted by Chapter 72 of the Acts of 2013:
(a) 
Submission – The Mayor shall submit a capital improvement program to the city council at least 60 days before the start of each fiscal year. The capital improvement program shall include:
(1) 
A general summary of its contents;
(2) 
A list of all capital improvements proposed to be undertaken during the next five years, with supporting information as to the need for each capital improvement;
(3) 
Cost estimates, methods of financing and recommended time schedules for each improvement; and
(4) 
The estimated annual cost of operating and maintaining each facility and pied of major equipment involved.
This information shall be annually revised by the Mayor with regard to the capital improvements still pending or in the process of being acquired, improved or constructed.
(b) 
Public hearing – The city council shall publish in at least one newspaper of general circulation in the city a notice stating:
(i) 
The times and places where entire copies of capital improvement program are available for inspection by the public; and
(ii) 
The date, time and place of a public hearing on the plan to be held by the city council not less than 14 days after publication of the notice.
(c) 
Adoption – At any time after the public hearing but before the last day of the last month of the current fiscal year, the city council shall by resolution adopt the capital improvement program, which may be amended, provided that each amendment shall be voted on separately and that an increase in the capital improvement program as submitted shall clearly identify the method of financing to accomplish the proposed increase.
[R. O. 1947, ch. 35, §§ 2, 3; Ord. No. 451, § 1, 6-8-1983]
In the program referred to in section 6-40, as submitted by the mayor, estimated annual operating expenditures and proposed capital outlays shall be tabulated separately. All categories of estimated income and operating expenditures shall be detailed, together with estimates of assessed valuations and tax rates. Such tabulation shall also record the actual incomes and expenditures of the city for the preceding 10 years.
The proposed capital outlay program shall enumerate the proposed projects in an expenditure schedule and shall be accompanied by a proposed financial program which shall clearly specify any proposed bond issues relating thereto, as well as the amount of money proposed to be made available for the program from the annual tax levy.
[R. O. 1947, ch. 35, § 4; Ord. No. 451, § 1, 6-8-1983; Ord. No. 598, § 1, 2-10-1988; Ord. No. 695, § 1, 4-29-1992; Ord. No. 1250, § I, 6-28-2022]
The Community Development Board, the Director of Finance/Treasurer and the President of the City Council shall cooperate with and assist the Mayor in the preparation and development of the program referred to in this article, under his direction and in accordance with such fiscal policies as from time to time may be determined by him.
[R. O. 1947, ch. 35, § 6; Ord. No. 451, § 1, 6-8-1983]
In case of ambiguity, none of the sections or provisions of this article hereinbefore set forth shall be construed so as to be in conflict with any statute, general or special, affecting the city, and if any of such sections or provisions or the application thereof shall be held to be invalid or inoperative by reason of such conflict, or for any other reason, the remainder of this article or its operation or application shall not be affected thereby.