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"" '%..7 V' <br />WHEREAS, the City of Everett will be required to pay the sum of $460,074 during the year <br />2006 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 />$582,935); <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, 2006, as follows: <br />REGULAR PROPERTY TAX LEVY <br />The Everett City Council hereby authorizes the property tax levy for collection <br />in the year 2006 at $28,212,939 (including a $279,336 increase in dollar amount, <br />which is a 1% increase over the amount of taxes lawfully levied by the City in <br />2005), plus an estimated $500,000 from new construction, improvements to <br />property, changes in state -assessed property, and $125,000 resulting from a <br />refund levy, for a total of $28,837,939. <br />EMERGENCY MEDICAL SERVICES <br />The Everett City Council hereby authorizes a property tax levy for collection in <br />2006 at $3,918,459 (including a $38,797 increase in dollar amount, which is a <br />1% increase over the amount of taxes lawfully levied by the City in 2005), plus <br />an estimated $75,000 from new construction, improvements to property, and <br />changes in state -assessed property, and $25,000 from a refund levy, for a total of <br />$4,018,459. <br />GENERAL OBLIGATION 1982 HOUSING AUTHORITY BONDS <br />Principal and interest — 2006 ........................................... $122,861 <br />GENERAL OBLIGATION 1988 SENIOR HOUSING/CENTER BONDS <br />Principal and interest — 2006 ........................................... $460,074 <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 />