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Y. ' • ' ' 11:1� <br />The Capital Projects Funds account for financial resources to be <br />ueed for the acquisition or conetruction of major capital facili- <br />tiee other than those financed by proprietary funda. <br />Pexaaneat Iaprav�ent F'�md - accounts for the <br />coet of construction, renovation or installa- <br />tion of facilitiea of a permaaent nature. <br />Squipaent Fund - used for the purchaee of <br />heavy machinery and motorized type of equip- <br />ment. <br />State Grant Iiecreatioa Fuad - accounte for <br />the acquisition of land and the development <br />of parka. <br />1ti.naeeota State bid Street Comstructiaa P�ad <br />- accounts for money received from the atate <br />for etreet construction. <br />Iafraetructure iteplaceaent Fuad - accounts <br />for property tax dollars levied to prepare <br />for future care and maintenance of recon- <br />structed etreets. <br />Special asseaeaent Coast=uction Fuad - ac- <br />counts for moaey to conduct a atreet recon- <br />struction program. <br />Ecoaoaic Increaeats Construction Fuad - <br />' accounts for the revenuea and expenditures <br />asaociated with public improvements in the <br />pooled tax increment diatricts. <br />Coastructioa 3teserve - accouate for the <br />revenuea from called aad defeaeed bond issuee <br />and expendituree aeaociated with epecial <br />coastruction projects approved by the City <br />Council. <br />Taz Incre�ent Project Puad - accounta for the <br />revenues and expenditures associated with the <br />original creation nad financiag of various <br />tax increment dietricta. <br />