[Adopted 7-23-1998; amended in its entirety 5-13-2004]
There is hereby created a Capital Planning Commission for the City.
Such Commission shall consist of the following seven members: two members of the Board of Apportionment and Taxation, one the Chair and one from the other political party represented on the Board; three members of the Board of Aldermen, one of whom shall be its President; the Mayor; and the Chairman of the Board of Education. If one or more members of the Board of Aldermen are from the minority party, then one such minority party member shall serve on the Commission. The Finance Director will serve as an ex officio member. The Mayor shall serve as the Chairman of the Commission. All members, with the exception of the Finance Director, shall have full voting rights.
The member from the Board of Apportionment and Taxation, excluding the Chair, and the two members from the Board of Aldermen, excluding its President, shall be appointed by the Mayor, subject to the approval of the Board of Aldermen. Any vacancy in such positions shall be filled by the Mayor, subject to approval of the Board of Aldermen, for the unexpired portion of the term. Should a vacancy occur in the position of Chairman of the Board of Apportionment and Taxation, President of the Board of Aldermen, or Chairman of the Board of Education, such vacancy shall be filled by the successor Chairman or President of the respective board.
Members shall serve for terms of two years, beginning on the first Saturday of December of the odd-numbered years.
The Commission shall meet at such time and place as shall be designated by the Chairman. The Chairman, or a majority of the members of such Commission, shall have the right to call such special meetings as may be required from time to time.
The Commission shall have the following responsibilities, duties and powers:
A. 
To assist in long-range planning for the retirement and replacement of the City's capital assets, including but not limited to buildings, vehicles and equipment.
B. 
To annually meet with the head of each City department for the purpose of determining each department's short-term and long-term capital needs.
C. 
To recommend to the Board of Aldermen, for adoption, a five-year capital plan.