(A) Establishment. A Resource Allocation Board is hereby established.
(B) Purpose. The purpose of the Resource Allocation Board shall include, but not be limited to:
(1) Identify capital projects and other major purchases to be made by the city;
(2) Evaluate the viability of the projects;
(3) Establish the priority of city projects and purchases; and
(4) Examine and identify the funding sources, including bonding, for projects.
(C) Composition. The Commission shall be composed as follows: the Mayor and one other Council member as appointed by the Council, the City Engineer, the City Finance Director and the City Administrator.
(D) Duties.
(1) The Resource Allocation Board shall act in an advisory capacity to the City Council for the city and shall make recommendations to the City Council on issues regarding the expenditure of city funds on capital projects.
(2) The Resource Allocation Board may develop and implement policies and procedures, as necessary, to meet the purpose and objectives of the Board.
(2004 Code, § 31.32) (Ord. 09-0530, passed 5-26-2009)