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                                    <!-- Change Month -->
                                    <B>June 2004</B> </TD>
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                        <H3><B>Articles 
                      In This Month's Issue </B></H3>                      </TD>
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                            <TD><p><a href="http://www.gfoa.org/services/gfr/archives/2004/06/GFR_June04_Article.pdf">Project Evaluation for Public-Private Partnerships: Aligning Development with Strategic Goals in Virginia Beach</a><BR>
                              <br>
                                To ensure that investments in economic development are consistent with its vision and goals, the City of
                                Virginia Beach has developed a set of guidelines for evaluating projects that has helped the city improve key
                                economic indicators.<br>
                                <font color="#FF0000">Patricia Phillips, Robert Scott, and Nancy Leavitt</font></p>
                              <p><br>
                                <strong>Risk and Reality in Public Headquarters Hotel Development</strong><br> 
                                Publicly financed convention center hotels have been billed as a must-have for cities seeking to attract additional
convention business. However, the experiences of several cities suggest that public hotel developments
often fail to live up to expectations.<br>
                                <FONT COLOR="#FF0000">Heywood Sanders </FONT> </p>
                              <p><strong>Managing the Capital Planning Cycle: Best Practice Examples of Effective
Capital Program Management</strong><br>
                                Fiscal stress, aging infrastructure, population
changes, and technology have placed increasing pressure on limited capital funds. Learn about how public
agencies of all shapes and sizes are excelling in one or more phases of the capital planning cycle.<br>
                              <FONT COLOR="#FF0000">Nicole Westerman</FONT></p>
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                                <strong>Managing Major Capital Projects: Lessons Learned from Milwaukee’s 3rd
District Police Station and Data Communications Center </strong><br>
                                Standard
budgeting and project management techniques often fall short during major capital undertakings, leading to
scope expansion, cost overruns, and delays. Policies and procedures such as the ones adopted by the City of
Milwaukee can improve the prospects for success.<br>
<FONT COLOR="#FF0000">Michael Daun</FONT>
                              <p><br>
                                  <strong>Greasing the Skids: How Federal Lending Programs Can Move Your
Transportation Projects Forward</strong><br>
                                  Transportation plays a critical role in economic
development by facilitating the movement of goods and services. Federal lending programs offer local project
sponsors the diversity of options and the financial flexibility to see their transportation projects to completion.<br>
                                  <FONT COLOR="#FF0000">Robena Reid </font>
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