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MONDAY. APRIL 7, 1997 <br /> <br />reuse activities for existing facilities, purchasing more land to <br />stimulate reinvestment, and controlling future government costs through <br />merging programs where appropriate and replacing inefficient <br />operations. <br /> <br />In describing the overall budget strategy for the General Fund, Mr. <br />Reynolds listed the following: (1) maintain service levels yet not <br />exceed current year expenditures; (2) provide new local revenue for <br />education; (3) continue to fund outside agency requests which includes <br />quasi-governmental operations and non-profits that enhance the quality <br />of life; and (4) prepare for the implementation of a capital projects <br />program in Summer, 1997. <br /> <br />Capital projects slated for the Summer of 1997 included the following: <br />Clearview Business Park ($825,000); Miscellaneous Property Purchases <br />(8225,000); Moss Street Parking Lot (8850,000); School Technology <br />($1,000,000); and School Capital Maintenance (81,500,000), for a total <br />of S4,400,000. <br /> <br />Capital projects listed for the Spring of 1998 included the following: <br />Brown Street Gym ($450,000); Reuse of City Social Services Building <br />(S150,000); Albert Harris School ($7,500,000); City Garage/School <br />Maintenance ($1,500,000); and City Jail (87,150,000), for a total of <br />S16,750,000. <br /> <br />With regard to financing the capital projects, Mr. Reynolds proposed <br />bond financing with annual debt service requirements of $1,700,000, to <br />be underwritten by the Enterprise Funds, for the Clearview Business <br />Park, Moss Street Parking Lot, Albert Harris School, City Garage/School <br /> <br /> <br />