The Capital Expenditures Committee (CapCom) was formed by Town Meeting vote on May 2, 1998. CapCom reviews capital outlays defined as acquisition, construction or repair to real or personal property or public improvement of the Town, whose useful life is greater than three years and whose anticipated cost is $25,000 or greater and for which the town may incur debt under MGL.Chapter 44, Section 7 or 8, but not including projects to be paid for by state or federal funds.
The mission of the Capital Expenditures Committee is to provide a centralized, cross sectional representation of the Town dedicated to the thorough study, evaluation, and recommendation of financially sound, adequately funded, and logically prioritized capital expenditures both to the Board of Selectmen and Finance Committee pursuant to Chapter 13 of the Southwick Town Code.
CapCom is composed of seven appointed members as follows:
One member of the Select Board
The Chief Administrative Officer (permanent member)
One member of the Southwick Tolland Regional School District Committee or its designee
Two members of the Finance Committee
One registered voter appointed by the Moderator
One registered voter appointed by the Select Board
The members serve for a term of three years. Of the two registered voter members, one will represent the community business interests.