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Received 3/14/05 ClerkTreasurers Office City of AuburnRESOLUTION 042006A RESOLUTION AMENDING AND UPDATING THE CAPITAL IMPROVEMENT PLAN RELATED TO ECONOMIC DEVELOPMENT INCOME TAX REVENUES FOR THE CITY
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Capital improvement and recovery refers to the process of identifying and recovering costs related to improvements made to a property or asset, which typically enhance its value or extend its useful life.
Entities or individuals who have made qualifying capital improvements and wish to recover those costs through rates or charges typically need to file capital improvement and recovery.
To fill out a capital improvement and recovery form, gather all relevant documentation regarding the improvements, including costs, descriptions, and timelines, and complete the required fields in the form systematically.
The purpose of capital improvement and recovery is to ensure that organizations can recoup investments made in enhancing or maintaining their property, thereby ensuring financial sustainability and proper asset management.
Information typically required includes a description of the improvements, associated costs, dates of implementation, and justification for the recovery of those costs.
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