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Ordinance 1393-87
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Ordinance 1393-87
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1/4/2018 10:53:57 AM
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1/4/2018 10:53:57 AM
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Ordinances
Ordinance Number
1393-87
Date
10/28/1987
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It 1 <br /> ORDINANCE NO. /ce9� <br /> AN ORDINANCE closing the "Design and Construction of <br /> Southwest Everett Sewer ULID #1 Sewer Facilities" Fund No. <br /> 359 as established by Ordinance No. 955-83 . <br /> WHEREAS, the "Design and Construction of Southwest Everett Sewer <br /> ULID # 1 Sewer Facilities" Fund No . 359 was established to provide <br /> for 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 <br /> paid nor uncollected revenues to be received : <br /> NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1 : That the "Design and Construction of Southwest Everett <br /> Sewer ULID #1 Sewer Facilities" Fund No. 359 be closed . <br /> Section 2 : That the final expenses and revenues for the "Design and <br /> Construction of Southwest Everett Sewer ULID #1 Sewer Facilities" <br /> Fund No . 359 are as follows : <br /> Expenses : Construction $ 21 ,984 ,442 . 18 <br /> Interest paid 244 , 804 . 31 <br /> Machinery and Equipment 17 ,623 . 00 <br /> TOTAL $ 22 ,246, 869 . 49 <br /> Revenues : State DOE Grant $ 6 , 104 , 523 . 51 <br /> Investment Interest 304 , 995 . 61 <br /> Transfer from "Sewer/Water <br /> Construction" Fund No. 346 2 , 709 , 342 .96 <br /> 1983 Sewer - Water Revenue Bonds 12 , 570 , 231 . 00 <br /> Transfer from "Utilities" Fund <br /> No . 401 557 , 776 . 41 <br /> TOTAL $ 22 ,246 , 869 . 49 <br /> Section 3 : That there is no remaining balance to be transferred . <br /> Mayor <br /> ATTEST : <br /> Lf is <br /> City Clerk <br /> Passed: /D—o 47 <br /> Valid: /a Ate f 7 <br /> Published: /7— .°47/—tr7 <br /> 764 <br />
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