In evaluating requests and recommending a capital improvements program, the Town Administrator shall base his/her recommendations on the following major criteria and others that may be considered essential to the general welfare of the community:
Protection of life, maintenance of public health and protection of property.
External requirements mandated by law.
Provisions for public education.
Protection of capital facilities and equipment.
Conservation of resources.
Provision of necessary public services.
Replacement or improvement of obsolete facilities.
Reduction of operating costs.
Public support, comfort and convenience.
Improvement of environmental quality.
Life expectancy of project.
Risk of not implementing project.
Conformity and compatibility with town's Comprehensive Plan.
Availability of financing.
Benefit to cost ratio.
Economic benefit to community.
Timeliness of project in relation to external factors.
Whether project is a prerequisite to another project.
Percent of population served.
Project meets a community obligation to serve a special segment of the population.
('73 Code, § 2-9) (Ord. passed 7-3-67; Am. Ord. passed 10-20-03)