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members designated or appointed by the Selectmen and Finance Committee shall not <br /> be Town employees, nor members of other Town boards or commissions. aSYee <br /> 0-8 �. <br /> History: Amended 12-2-1985 STM Article 54 approved by Attorney General on <br /> 2-11-1986. <br /> History: Amended 5-7-2001 ATM Article 24 approved by Attorney General on <br /> 8-18-2001. <br /> §6-14. Consideration of Proposed Capital Outlays. The Committee shall in r.rccordan _c',. <br /> f x"�'c_tr.'orr�r �s' r rlrE. `dtcrrPE': �,. study proposed capital outlays <br /> yvit 1h provisions o� ,,,,, <br /> involving the acquisition of land or any expenditure of twenty five thousand dollars <br /> ($25,000) having a useful life of at least three (3) years. All officers, boards and <br /> committees, including the Selectmen and School Committee, shall,by September 1 of <br /> each year, give to such Committee, on forms prepared by it, information concerning <br /> all projects anticipated by them, i.e., involving the acquisition of land or an <br /> expenditure of twenty five thousand dollars ($25,000) having a useful life of at least <br /> three (3) years. The Committee shall consider the relative need, timing and cost of <br /> these expenditures and the effect each will have on the financial position of the Town. <br /> History: Amended 5-7-2001 ATM Article 24 approved by Attorney General on <br /> 8-18-2001 <br /> §6-15. Preparation of Annual Report. <br /> History: Amended 10-7-1996 ATM Article 53 approved by Attorney General <br /> on 12-9-1996. <br /> A. The Committee shall prepare yard st.rlrrnrt lo-tiro 1.7,ca,1 er Al.Yn-a, ., by the ec..,o d <br /> Monday in,Iartr.raly, an annual written report containing a Capital Improvement <br /> Program for the following fiscal ear. , '1,i e 1'e3 rrctroz, <br /> C.zr�rr`torl Irrr fr cit crrrcFrtt I'a�o�s' aim. to flro Fina-ncc �olniniltc e Icy Clic 6rsl rlrlcrrtclw; in <br /> F hr•r.`an). The Finance Committee will include said Program, including <br /> explanations, in its Report to the Spring Annual Town Meeting. The Finance <br /> Committee will submit an article to the Board of Selectmen for inclusion in the <br /> Warrant of the budget for capital outlays, as recommended by the Capital <br /> Improvement I'r or< r°frrrr Committees C'lcttr° � c:�rlrrr� <br /> B. The Committee shall also prepare a Capital Improvement Program for the <br /> following,five..�'. years for presentation to the Finance Committee. The Finance <br /> Committee will include said report from the Capital Improvement,!',ogrcart <br /> Committee, including explanations, in its report to the Spring Annual Town <br /> Meeting. The Finance Committee will submit an article to the Board of <br /> Selectmen for inclusion in the Warrant for the Capital Improvement Program for <br /> the following fiye.(5).years, as recommended by the Capital Improvement <br /> 'r E1 s;E cf . Committee. <br /> 32 <br />