(a) In conjunction with its review of the annual budgets for the City, the City Council shall:
(1) Review the proposed Capital Improvement Plan and the proposed Capital Improvement Plan Budget; and
(2) Amend the proposed Capital Improvement Plan Budget and the Proposed Capital Improvement Plan in the best interest of the community; and
(3) Adopt the Capital Improvement Plan Budget and the Capital Improvement Plan Program, as may be amended, by no later than October 30 of each year; and
(4) Make an appropriation to fully fund each Capital Improvement Project included within the first year of the Capital Improvement Plan.
(b) The City Council may amend the Capital Improvement Plan and any appropriations made pursuant to Section 119.05(a)(4) during the then current year, but only upon an enactment by City Council specifically identifying the reasons that deferral of such amendment until the immediately following annual budget review will be detrimental to the best interest of the community. Enactment of an ordinance approving a proposed CIP amendment during the fiscal year shall require approval by a majority of Council. Any amendment to the CIP must include all information required with respect to a project that is required for inclusion in the annual CIP.
(Ord. 2022-201. Passed 12-15-22.)