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CAPITAL PROJECT FUNDS <br />Capital Project Funds are used to account tor financial resi'urces to be used for the acquisitii>n or <br />construction of major capital facilities. <br />Minnesota State-Aid Streets Construction Fund - u.sed to account for state-aid allotments used by the <br />City for improvement projects to designated roads and bridges within the City. <br />Permanent Improvement Revolving Fund - used to account for construction costs prior to obtaining <br />permanent financing. <br />1991 Public Facilities Construction Fund - used to account for construction co.sts of new City facilities. <br />1992 Stubbs Bav Sewer Construction Fund - used to account for construction ci>sts of the Stubbs Bay <br />area sanitary sewer system. <br />-74-