(A) There is hereby created a Capital Replacement Committee for the village.
(B) The Committee shall consist of three members, appointed by the Village President by and with the consent of the Village Council. The term of appointment shall be one year, beginning the second Monday of April each year.
(C) The purpose of the Committee shall be to review the inventory, condition, and maintenance records of all village equipment and to make reports and recommendations to the Village Council as to the need to replace existing equipment or purchase additional equipment. The Committee shall recommend annual funding for these purposes. Recommendations for future annual budget appropriations shall be made at the annual budget work session and presented at the public hearing on the proposed budget prior to the beginning of each fiscal year.
(D) The Committee shall keep a full and accurate written record of its proceedings and recommendations, submitted as minutes to the Village Clerk for the official village record. The Committee shall comply with all requirements for meetings of a public body, as described in the Open Meetings Act, Public Act 267 of 1876, §§ M.C.L.A. §§ 15.261 et seq., as amended. The current version of Robert’s Rules of Order shall govern the conduct of Committee meetings.
(E) Committee members shall be paid $10 for each meeting at which their attendance is documented. Payment shall be made annually, based on attendance noted in official minutes on file in the Clerk’s office.
(F) This section shall become effective 30 days after legal publication and in accordance with provisions of the Act governing same.
(Ord. 1998-5, passed 9-14-1998)