Sec. 2-293. - Annual capital projects presentation.

(a)

The financial review committee shall make an annual presentation to the council at least 90 days prior to the end of the fiscal year. During said presentation, the financial review committee shall:

(1)

Provide a status report as to all capital projects.

(2)

For any completed capital projects, present the council with a resolution that closes out said completed project, de-authorizes any remaining appropriations, and appropriately transfers all remaining unspent funds.

(3)

Make proposals as to future capital projects.

(Ch. 770, § I, 6-2-20)