(A) The City Council shall adopt by resolution the Systems Development Charge Fund Project Plan. This plan:
(1) Defines the amount of current or under construction capacity available for new development and the cost of the facilities comprising this capacity;
(2) Lists the capital improvements that may be funded with improvement fee revenues; and
(3) Lists the estimated cost and estimated construction time frame of each improvement.
(B) In adopting this plan, the City Council may incorporate by reference all or a portion of any public facilities plan, master plan, capital improvements plan or similar plan that contains the information required by this section. The City Council may modify this project plan at any time through the adoption of an appropriate resolution.
(Ord. 1938, passed 9-8-97)