[Amended 2-11-1997 STM, Art. 12; 5-22-2021 ATM by Art. 1]
A committee to be known as the "Capital Program Committee" is
hereby established under MGL c. 41, § 106B, composed of
two members of the Finance Committee to be appointed by the Select
Board and three additional members to be appointed by the Select Board.
The members from the Finance Committee shall be appointed for one-year
terms. The other members shall be appointed for three-year terms such
that one will expire each year. None shall be a Town officer or Town
employee. The Town Accountant shall be an ex officio member without
right to vote. A member who ceases to reside in the Town or who accepts
employment with the Town shall resign. A vacancy shall be filled for
the unexpired term in the manner of the original appointment. The
Committee shall choose its own officers. It may spend such sums as
shall annually be appropriated for its use. A quorum shall be a majority
of those in office. A majority of members present shall have power
to act.
[Amended 5-22-2021 ATM by Art. 1]
The Committee shall study proposed capital outlays involving
the acquisition of land or involving an expenditure of $10,000 and
having a useful life of at least three years. All officers, boards
and committees, including the Select Board and the School Committee,
shall by September 1 of each year give to such Committee, on forms
prepared by it, information concerning all projects anticipated by
them to need Town Meeting action during the ensuing six years. The
Committee shall consider the relative need, timing, and cost of these
expenditures and the effect each will have on the financial position
of the Town.
[Amended 2-11-1997 STM, Art. 12]
The Committee shall transmit its recommendation as to items
for the ensuing fiscal year to the Finance Committee for its review
and possible inclusion in the Town budget. No capital outlay of over
$10,000 can be considered by Town Meeting unless a recommendation
has been adopted by the Capital Planning Committee pursuant to this
bylaw.