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ORDINANCE NO. 1926-93 <br /> AN ORDINANCE closing the "Kasch Park <br /> Construction " Fund No. 316 as established by <br /> Ordinance No. 1450-88. <br /> WHEREAS, the "Kasch Park Construction" Fund No. 316 was established to <br /> provide for the said purpose and, <br /> WHEREAS, the purpose of the fund has been accomplished and, <br /> WHEREAS, there are neither outstanding obligations of the fund to be paid nor <br /> uncollected revenues to be received: <br /> NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1 : That the "Kasch Park Construction" Fund No. 316 be closed. <br /> Section 2: That the final expenses and revenues for the "Kasch Park <br /> Construction" Fund No. 316 are as follows: <br /> EXPENSES <br /> Total Construction Costs $ 3,623,475.07 <br /> (Program 945) <br /> Total $ 3,623,475.07 <br /> REVENUES <br /> Interest Earnings $ 138,475.07 <br /> General Obligation Bond Proceeds $ 2,795,000.00 <br /> Interfund Transfer <br /> - Fund No. 150 $ 690,000.00 <br /> Total $ 3,623,475.07 <br />