[Adopted as Ch. 2, Art. III, Div. 4, of the 1988 Revised General Bylaws]
There shall be a capital improvement program committee which shall perform the duties set forth in this article and be governed by the provisions thereof. The committee shall consist of five citizens of the Town.
A. 
The selectmen shall appoint two of the original members of the capital improvement program committee, who shall serve terms of one and two years respectively, as the selectmen shall designate. Annually, thereafter, at the time of the annual town meeting, the selectmen shall appoint a new member of the committee, who shall succeed the member appointed by them whose term shall have expired and who shall serve for a term of two years.
B. 
One member of the committee shall be appointed by the moderator, one member shall be appointed annually from among the members of the finance and advisory committee by the chairman thereof, and one member shall be appointed annually from among the members of the planning board by the chairman thereof, and members so appointed shall serve from the time of the town meeting at which they are appointed until the next annual town meeting.
Whenever any vacancy shall occur on the capital improvement program committee, it shall be filled by the appointing authority which appointed the member whose position shall have become vacant. Any person appointed to fill a vacancy on the committee shall hold office for the unexpired term of the person whom he succeeds.
The town accountant shall be ex officio secretary to the capital improvement program committee. He shall not be entitled to vote on the making of recommendations to be included in its reports. The committee shall choose its other officers and shall serve without compensation as committee members.
It shall be the duty of the capital improvement program committee to ascertain annually what capital outlays will be required by the Town during the next six years. In making this determination, it may consult with Town, county and state officials, and with other boards and committees of the Town. It shall prepare an annual report which shall be submitted to the board of selectmen for publication in the annual town report and such further reports as it deems advisable and shall include in such reports its estimates of income, operational expenses and tax rates, and its recommendations for scheduling capital outlays and for financing of such outlays as in its judgement, cannot be or should not be paid for entirely out of current revenues. It shall also be the duty and responsibility of the committee to provide assistance to the town meeting in providing answers to the question of priority determination of projects, financing costs and impact of recommended projects on the operating budget.