A municipality shall appoint a capital improvement board for purposes of approving or rejecting ordinances pursuant to § 10-52-20. A capital improvement board consists of the following five members, appointed by the mayor of the municipality and approved by the governing body:

1. (1) One member of the governing body of the municipality; and
2. (2) Four residents of the municipality, excluding any member of the governing body of the municipality.

Source: SL 2026, ch 34 , § 1.