(a) On or before June 1 of each year, the Finance Director, shall provide to the City Council a progress report identifying the current status, any delays or issues that have arisen, and anticipated completion date for each Capital Improvement Project funded in the current Capital Improvement Plan Budget, and all previously funded projects including those funded in whole or in part by grants that have not been completed. Such report shall be delivered to the Council Clerk and presented to the Finance Committee at its regular meeting.
(b) On or before January 31 of each year, the Director of Finance, shall deliver to all City Council members, and present to the Finance Committee at its first regular meeting in February, a list of all Capital Improvement Projects completed within the preceding calendar year and ready for closure. The Finance Committee shall immediately thereafter introduce legislation closing all completed projects and directing those remaining funds, if any, be returned to account of origin or otherwise appropriated as determined by Council.
(Ord. 2022-201. Passed 12-15-22.)