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ORDINANCE NO . 1721-90 <br /> AN ORDINANCE creating a special construction fund <br /> entitled " Senior Housing Project and Senior Activity <br /> Center Expansion" Fund No . 326 and authorizing the <br /> design and construction of a 92 unit apartment <br /> complex for low income seniors and an expansion in <br /> parts of the Senior Activity Center and repealing <br /> Ordinance No . 1520-88 . <br /> WHEREAS, there exists a severe shortage of safe , sanitary and <br /> affordable housing in the City for low income elderly persons ; <br /> and <br /> WHEREAS, the Housing Authority of the City of Everett needs <br /> additional resources to provide such housing through <br /> development, construction , and equipping of additional <br /> housing ; and <br /> WHEREAS, there is a need to provide additional housing for the <br /> low income elderly and to provide additional space in the <br /> Everett Senior Activity Center for an expanded activity <br /> program; and <br /> WHEREAS, there is a need to provide an outside joint use patio <br /> with the Everett Housing Authority elderly housing project ; <br /> and <br /> WHEREAS, site development planning is required for the Senior <br /> Activity Center and the Everett Housing . Authority to insure <br /> maximum utilization for building and parking ; and <br /> WHEREAS , a bond issue as passed by the electorate of Everett <br /> that provided for building an apartment complex for low income <br /> seniors and for the expansion of the Everett Senior Activity <br /> Center ; and <br /> WHEREAS, a Housing Cooperation Agreement between the City and <br /> the Everett Housing Authority was signed on the 27th day of <br /> April 1988 as provided in City Ordinance no . 1406-87 ; and <br /> WHEREAS, the City Council has approved selection of an <br /> architectural firm to formulate design and construction <br /> documents for the Senior Activity Center expansion ; <br /> NOW , THEREFORE, THE CITY OF EVERETT DOES ORDAIN : <br /> Section 1 : A special construction fund is hereby <br /> established as Fund No . 326, entitled " Senior Housing Project <br />