(a) Submission to City Council. The City Administrator shall prepare and submit to the City Council not less than a five-year capital improvement program by May 1 of each year. (Gen. Elec. 12/6/77; Gen. Elec. 11/6/01; Sp. Elec. 11/6/07)
(b) Contents. The capital improvement program shall include: (Gen. Elec. 12/6/77)
(1) A clear general summary of its contents. (Gen. Elec. 12/6/77; Gen. Elec. 11/6/07)
(2) A list of all capital improvements which are proposed to be undertaken during the program fiscal years, with appropriate supporting information as to the necessity for such improvements. (Gen. Elec. 12/6/77; Sp. Elec. 11/6/07)
(3) Cost estimates, method of financing and recommended time schedules for each such improvement. (Gen. Elec. 12/6/77)
(4) The estimated annual cost of operating and maintaining the facilities to be constructed or acquired. (Gen. Elec. 12/6/77)
The above information may be revised and extended each year with regard to capital improvements still pending or in process of construction or acquisition. (Gen. Elec. 12/6/77)