[HISTORY: Adopted by the Town Meeting of the Town of Plainville 6-6-2011 ATM by Art. 26. Amendments noted where applicable.]
GENERAL REFERENCES
Finance —  See Ch. 81.
Payments from Treasury — See Ch. 182.
A. 
A committee to be known as the "Capital Expenditure Planning Committee" is hereby established under MGL c. 41, § 106B, composed of one member or its designee from the Board of Selectmen appointed by it; one member or its designee of the Finance Committee appointed by it; one member or its designee of the School Committee appointed by it; one member or its designee of the Water Commission appointed by it; one member of the Board of Assessors or its designee appointed by it, and two at-large members who shall not be a Town officer or Town employee and shall be appointed by the five sitting members from applications requested by the Board of Selectmen at a public meeting in June of each year. The Treasurer, Town Accountant and Town Administrator shall be ex officio Committee members without voting rights. All members shall be appointed for one-year terms, concurrent with the close of Town Meeting.
B. 
Any 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 appointed to office, excluding the Treasurer, Town Accountant and Town Administrator, and it shall have power to act.
C. 
The Town Clerk shall annually call the Committee together for organization by the last Thursday in July. Members of the Committee should be appointed by their respective boards by July 1 of each year.
[Amended 6-6-2011 ATM by Art. 44]
The Committee shall study proposed capital projects and improvements involving major nonrecurring tangible assets and projects which: 1) are purchased or undertaken at intervals of not less than five years; 2) have a useful life of at least five years; and 3) cost over $25,000. All officers, boards, committees, including the Selectmen and the School Committee, each year give to the Committee, on forms prepared by it, information concerning all anticipated projects requiring Town Meeting action during the ensuing six years. The Committee shall consider the relative need, impact, timing and cost of these expenditures and the effect each will have on the financial position of the Town.
The Committee shall prepare an annual report recommending a Capital Improvement Budget for the next fiscal year, and a Capital Improvement Program including recommended capital improvements for the following five fiscal years. The report shall be submitted to the Finance Committee for its consideration. The Finance Committee shall submit its approved Capital Budget to the Annual Town Meeting for adoption by the Town.