Capital Improvement Programs Clause Samples
Capital Improvement Programs. (CIPs) for Watershed Districts. CIPs are required in the plan when a watershed district is included, consistent with the requirements of Minnesota statutes §103B and 103D. A CIP is an itemized program for at least a five- year prospective period, and any amendments to it, subject to at least biennial review, that sets forth the schedule, timing, and details of specific contemplated capital improvements by year, together with their estimated cost, the need for each improvement, financial sources, and the financial effect that the improvements will have on the local government unit or watershed management organization. This requirement can be incorporated into the targeted implementation schedule if the specific requirements are clearly met.
Capital Improvement Programs. Providing advice and assistance in the development of any capital improvement programs of the Issuer.
Capital Improvement Programs. With respect to planning for and reporting on capital equipment and improvement programs, the County Administrator will not:
a. Jeopardize the programmatic or fiscal integrity of the County;
b. Allow the development of a capital improvement program which significantly deviates from the Board’s stated priorities;
c. Plan to use more funds than are projected to be available in any fiscal period for expenditures;
d. Fail to project ongoing operating, maintenance, and replacement expenses in making such determination;
e. Fail to provide the Board detailed costs, benefits, budgets, and progress of each capital improvement program to allow accurate assessment both prior to and during construction;
f. Fail to ensure a maintenance schedule is developed and followed as fiscally practicable.
Capital Improvement Programs a. On or before April 1 of each year, the City shall prepare and submit to the Commissioners a capital improvement pro- gram of sewer construction projects for the five-year period beginning July 1st of the year next ensuing. The capital improvement program shall contain all projects to be con- structed, by descriptive title, estimated cost and method of financing, and year proposed for construction, except projects for local or lateral sewers which may be initiated by petition or otherwise and paid in full from the levy and collection of special assessments against benefited property.
b. The Commissioners shall hold a public hearing on the capital improvement program as submitted and, no later than June 1st, shall adopt, or modify and adopt, the capital improvement program for the sewer system.
c. The list of projects programmed for the first year of the five-year program, upon adoption, shall be controlling as to capital improvement expenditures during the ensuing year beginning July 1st.
d. The procedure for submission and adoption of a capital improvement program shall be repeated annually, on or before the dates prescribed above.