(A) The Metro Partnership with suburban cities for a Capital Improvement Program (the "Program") is hereby established within Louisville Metro and within all other municipalities within Jefferson County, Kentucky which formally adopt the Program. The Program shall be supervised and directed by the appropriate Metro Department Director, pursuant to guidelines established by Council rules, policies, and procedures.
(B) Any project funded under this Program shall also provide a benefit to the Metro area in compliance with Section 179 of the Kentucky Constitution.
(C) The purpose of the Program shall be to promote, provide for, and maximize the mutual benefit of all capital improvements constructed within the various municipalities in Jefferson County, and to assure that such projects are constructed in accordance with federal, state, and Metro standards.
(D) The Chief Financial Officer, or designee, shall establish an account and a budget line item for the Program within the appropriate Metro department to which NDF/CIF funds may be appropriated, and from which all expenditures shall be made.
(E) Any municipality within Jefferson County may participate in the Program by adopting a resolution, which resolution shall also state that municipality's agreement to construct capital projects funded in whole or in part by the Program in accordance with standards established under subsection (A), above. In addition, any municipality may also participate in the Program by Executive Order of said municipality.
(F) Program funds shall only be expended for projects within Metro Louisville and within other municipalities of Jefferson County which are participants in the Program
(Lou. Metro Ord. No. 110-2006, approved 7-5-2006) Penalty, see § 97.999