A. Submission to Council. The City Manager shall prepare and submit to the Council a five-year capital program at least three (3) months prior to the final date of submission of the budget.
B. Contents. The Capital Program shall include:
(1) A clear general summary of its contents.
(2) A list of all capital improvements which are proposed to be undertaken during the five (5) fiscal years next ensuing, with appropriate supporting information as to the necessity for such improvements.
(3) Cost estimates, methods of financing and recommended time schedule for each such improvements.
(4) The estimated annual cost of operating and maintaining the facilities to be constructed or acquired.
C. Posting. The Capital Program and revisions thereto shall be published by posting in not less than three (3) of the most public places in the City as determined by the Council and on the City of Moraine website.
The above information may be revised and extended each year with regard to capital improvements still pending or in process of construction or acquisition.
(Amended 11-04-2003; 11-06-2018)