There shall be created a Long-Range Capital
Planning Committee.
As used in this article, the following terms
shall have the meanings indicated:
CAPITAL IMPROVEMENT
A major improvement or betterment of a nonrecurring nature
to the physical plant of the Town as differentiated from ordinary
repairs or maintenance of recurring nature.
Said Committee shall consist of five residents
of the Town of Haddam, whose membership shall be in accordance with
Article
IV, Section 4-3, of the Town Charter adopted November 3, 1987,
and who shall be appointed by the Board of Selectmen to serve for
a term of five years. Of those members first appointed under the provision
of this article, one shall serve for a term of one year; one member
for a term of two years; one member for a term of three years; one
member for a term of four years; and one member for a term of five
years.
Said Committee shall prepare a five-year capital
improvements plan which shall be reviewed and updated annually.