(A) Prior to the establishment of a system development charge the Council shall adopt a capital improvement plan by resolution that:
(1) Lists the capital improvements that may be funded with the improvement fee revenues; and
(2) Lists the estimated cost and time of construction of each improvement; and
(3) Identifies the estimated percentage of costs eligible to be funded with revenues from improvement fees for each improvement.
(B) The plan may be modified at any time by resolution of the City Council.
(Ord. 680, passed 6-7-2023)