For the purposes of this chapter, a capital improvements project shall be defined as the type of project or acquisition that fits within one or more of the following categories:
(A) Acquisition or interest in land.
(B) The lease of buildings.
(C) The acquisition or construction of land, buildings or other structures, including preconstruction planning, survey, engineering and architectural costs.
(D) The improvement, expansion or reconstruction of existing building, facilities, or land, not including normal maintenance and repair work.
(E) Construction or reconstruction of highways, sidewalks and utility lines, including preconstruction planning, survey and engineering costs.
(F) The purchase of items of equipment of nonrecurring nature which have a cost in excess of $25,000 and a useful life in excess of five years.
('73 Code, § 2-6) (Ord. passed 7-3-67; Am. Ord. 10-20-03)