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Article: Globe North Community briefing
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- November 8, 2009
CopyrightCopyright 2009 The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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Andover
FINDING MONEY FOR PROJECTS - Town Manager Reginald S. Stapczynski
presented his five-year capital improvement recommendations and
needs through fiscal year 2015 to the Board of Selectmen on Monday,
as required by the town's bylaws. For the current fiscal year,
Stapczynski is recommending capital improvement projects to the tune
of just under $7.7 million, which he described as being "the lowest
in recent years." Pointing to the recession and "limited prospects
for revenue growth," Stapczynski stated that developing this year's
capital improvement program would be a challenge. The dollar amount
does not include funding for the Bancroft Elementary School, town
yard, and Ballardvale ...
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... ... s approximately $15.1 million capital improvement refunding revenue bonds, series ... refund the county's outstanding capital improvement revenue bonds, series 1994, for ... 58.6 million in outstanding capital improvement revenue bonds and the 'AA-' rating ...
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