THE VIRGINIAN-PILOT 
              Copyright (c) 1994, Landmark Communications, Inc.

DATE: Sunday, November 27, 1994              TAG: 9411240252
SECTION: PORTSMOUTH CURRENTS      PAGE: 06   EDITION: FINAL 
TYPE: Editorial 
                                             LENGTH: Short :   34 lines

PLAN NEEDS MORE THAN MONEY COMMITMENT IS KEY

An economic plan for the city is not just spending more money, as some citizens seem to think.

For the past several months, Portsmouth citizens have heard a lot about the Gindroz plan. Many of them have been skeptical, raising the question of how the city can pay for for it.

Actually, the city spends a lot of money from a number of sources every year and that money could be used within the plan. Federal and state money comes to the city for a variety of projects, including streets and redevelopment. The city already is obligated to do some of the things that figure into the plan, the most obvious one being construction of a new high school.

Many parts of the plan as proposed would require small additional public expenditures to lure large private investments.

Commitment is the most important aspect of accomplishing a plan. Then, available resources must be spent to move it along. Philosophical commitment and a feasible financial allocation should convince investors to take a good look at Portsmouth.

Commitment to a long-term plan, not just money, is the key to the future success of Portsmouth. by CNB