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WHEREAS,the City of Everett will be required to pay the sum of$458,693 during the year <br /> 2004 upon its General Obligation 1988 Senior Housing/Center Bonds for payment of <br /> principal and interest (Fund 210, Program 239 as refunded under Ordinance 1987-94 passed <br /> January 19, 1994, which amount when taken with the 1982 bond fund payment equals <br /> $581,185); <br /> NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1: That there be, and hereby is, levied upon real and personal property in the City <br /> of Everett, subject to taxation thereon, a general property tax for municipal <br /> purposes for the ensuing year commencing on January 1, 2004, as follows: <br /> REGULAR PROPERTY TAX LEVY <br /> The Everett City Council hereby authorizes the property tax levy for collection <br /> in the year 2004 at $27,252,060 (which includes a one percent increase in dollar <br /> amount over the amount of taxes lawfully levied by the City in 2003), plus any <br /> additional dollar amount lawfully available as a result of an increase in assessed <br /> value for annexation, new construction, improvements to property, and state- <br /> assessed property, plus any amount associated with a refund levy. <br /> EMERGENCY MEDICAL SERVICES <br /> The Everett City Council hereby authorizes a property tax levy for collection in <br /> 2004 at $3,785,008 (which includes a one percent increase in dollar amount over <br /> the amount of taxes lawfully levied by the City in 2003), plus any additional <br /> dollar amount lawfully available as a result of an increase in assessed value for <br /> annexation, new construction, improvements to property, and state-assessed <br /> property,plus any amount associated with a refund levy. <br /> GENERAL OBLIGATION 1982 HOUSING AUTHORITY BONDS <br /> Principal and interest—2004 $122,492 <br /> GENERAL OBLIGATION 1988 SENIOR HOUSING/CENTER BONDS <br /> Principal and interest—2004 $458,693 <br /> Section 2: That the City Clerk be, and hereby is, directed to certify to the County Assessor <br /> a copy of this ordinance in order that the same be extended upon the general <br /> assessment roll of said County, in the same manner and at the same time that the <br /> levy for the State and County taxes is extended. <br />