[HISTORY: Adopted by the Township Committee of the Township
of Washington3-15-2023 by Ord. No. 2023-05 . Amendments noted where applicable.]
[1]
Editor's Note: Former Ch. 15, Grant Commission,
adopted 10-10-1992 by Ord. No. 92-13, as amended, was repealed 2-17-1998
by Ord. No. 98-1.
A.
The Capital Improvement Advisory Committee is an advisory board whose
purpose shall be to advise and make recommendations to the Township
Committee regarding capital improvement budgets, programs and reserves
providing an efficient means to review fiscal areas and to discuss
all significant long-range financial issues. The Township Committee
hereby appoints as the Capital Improvement Advisory Committee the
following members:
B.
The Township Committee reserves the right to adopt resolutions from
time to time to appoint additional members of the Capital Improvement
Advisory Committee as may be in the best interest of the municipality.
A.
The Capital Improvement Advisory Committee shall solicit from Township
departments, boards and subcommittees proposed capital projects and
improvements in accordance with N.J.A.C. 5:30-4, Local Finance Board
- Capital Budgets and Capital Improvement Programs.
B.
The Capital Improvement Advisory Committee shall prepare an annual
capital improvement budget proposal and/or amended proposal required
to be adopted by the Local Budget Law to the Township Committee no
later than December 20 of each year recommending a capital improvement
budget for the current year and/or the next fiscal year, and a capital
improvement program including recommended capital improvements for
the minimum program period of three years. However, the plan may include
a longer program period.
C.
The Capital Improvement Advisory Committee shall investigate the
implementation of financing sources in any combination, from which
moneys are provided to finance capital project:
