[Ord. No. 581 § 7-1]
The Planning Board shall from time to time prepare and may amend
a program of capital improvement projects for the municipality for
a period of at least six years, and such program may also include
major projects to be undertaken currently or in the future with federal,
state, county or other public funds or under Federal, State or County
supervision.
[Ord. No. 581 § 7-2.1]
The program shall as far as possible be based on existing information
in the possession of the departments and agencies of the municipality,
and it shall classify projects with respect to their urgency and need
for realization, recommend a time sequence for their implementation,
include an estimate of the displacement of persons and establishments
caused by each recommended project and take into account public facility
needs indicated for such project in the Master Plan or other land
use controls.
[Ord. No. 581 § 7-2.2]
The program may also contain the estimated cost of each project,
its probable operating and maintenance costs and revenues and any
existing or additional sources of funds needed for its implementation
and operation.
[Ord. No. 581 § 7-3]
In preparing the Capital Improvement Program, the Planning Board
shall confer with the Mayor, the Borough Administrator, other appropriate
municipal officials and agencies and the School Board. Every municipal
department, authority or agency shall, upon request of the Planning
Board, transmit to the Board a statement of all capital projects proposed
to be undertaken by the municipality or by such department, authority
or agency during the term of the program, and the Planning Board shall
study, advise and make recommendations as to the projects so proposed.
[Ord. No. 581 § 7-4]
Whenever the Planning Board has prepared a capital improvement
program, it shall recommend such program to the Governing Body, which
may adopt such program with or without modification. Any modification
shall be approved by affirmative vote of a majority of the full authorized
membership of the Governing Body, and the reasons for such modification
shall be recorded in its minutes. The first year of any program so
adopted by the Governing Body shall constitute the capital budget
of the municipality as required by N.J.S.A. 40A:4-43 et seq.
[Ord. No. 581 § 7-5]
Whenever the Planning Board shall have adopted any portion of
the Master Plan, the Governing Body or other public agency having
jurisdiction over the subject matter, before taking action necessitating
the expenditure of any public funds incidental to the location, character
or extent of such project, shall refer the action involving such specific
project to the Planning Board for review and recommendation in conjunction
with the Master Plan and shall not act thereon without such recommendation
or until 45 days have elapsed after such reference without receiving
such recommendation.
