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• <br /> EVERETTORDINANCE NO. 1916-92 <br /> AN ORDINANCE closing "Senior Housing Project <br /> and Senior Activity Center Expansion" Fund No. <br /> 326 as established by Ordinance No. 1721-90 . <br /> WHEREAS, the "Senior Housing Project and Senior Activity <br /> Center Expansion" Fund No. 326 was established to provide <br /> 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 <br /> fund to be paid nor uncollected revenues to be received: <br /> NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1 : That the "Senior Housing Project and Senior <br /> Activity Center Expansion" Fund No. 326 be closed. <br /> Section 2 : That the final expenses and revenues for the <br /> "Senior Housing Project and Senior Activity Center Expansion <br /> Fund No. 317 are as follows: <br /> EXPENSES: <br /> Total Construction Costs $ 7, 535, 047 <br /> Interfund Transfers 47, 859 <br /> Total $ 7, 582, 906 <br /> REVENUES: <br /> General Obligation Bonds $ 6, 600, 000 <br /> Interest Earnings 902, 906 <br /> Total $ 7, 582, 906 <br />