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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 17, 1974
Page
5
City manager Cheek defends proposed 2 million electric bond issue saying profits from the electrical department fund operations but warns inflation could erode revenues. He favors borrowing to spread costs over years and notes pay as you go measures. Delivery delays and rising contract costs complicate project timelines.
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