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  § 16.03.090. Providing for adequate funding.  


Latest version.
  • The capital improvement element of the plan was designed to meet requirements of the State law mandating that local governments provide sufficient capacity of public facilities concurrent with development. The capital improvement element contains all capital improvement needs identified in the individual elements of the plan, and demonstrates the fiscal feasibility of the plan. Through annual monitoring, the capital improvement element is corrected, updated, and modified to ensure adequate sources of funding. If it is determined that a level of service standard is reduced because a project is not completed, or if projects not previously identified are added, then an amendment to the plan will be required.

(Code 1992, § 16.03.090; Ord. No. 876-G, § 1, 2-21-2008)