Monies in the Capital Reserve Fund shall be used from time to time
for the construction, purchase, repair or replacement of or addition
to municipal buildings, municipal facilities, equipment, machinery,
motor vehicles, or other capital assets and for the construction,
reconstruction, repair and replacement of highways, underpasses, overpasses,
sanitary sewers and related appurtenances, sewage systems, sewage
treatment facilities, storm sewers and related appurtenances, stormwater
facilities, refuse disposal facilities, water collection, storage,
purification and distribution facilities (including all related appurtenances),
bridges, road improvements, viaducts, general government buildings,
utilities, parks and recreational facilities, public safety facilities,
including but not limited to streetlighting and signalized intersections,
for the purpose of purchasing real property, and the preparation and/or
improvement of said lands for any legal purpose.