THE EVERETT ADVOCATE

Page 1

EHS Evening School insert in today’s Advocate

Vol. 22, No. 3

-FREE-

www.advocatenews.net

Published Every Friday

617-387-2200

Friday, January 17, 2014

Michael Marchese unanimously elected Council President

Lock In A Low Mortgage Rate Now! Fixed-Rate Terms 15-Year

30-Year

3 4 .738% .566% 3 4 .625%

.500%

APR*

APR*

Rate

Rate

Call one of our local lenders: Dolly Shanahan Residential Loan Officer NMLS# 447691

Eric Jackson Residential Loan Officer NMLS# 898519

Better Banking Starts Here Michael Marchese, council leader

By Juhi Varma

E

verett’s new city council held its first meeting Monday night. The eleven-member council’s first order of business, in the beautifully renovated McCarron Memorial Chambers, was to elect a president for the year 2014. Longtime alderman and Ward 3 Councillor Michael Marchese received eleven unanimous votes and will serve as the leader of Everett’s historic new government under the new charter for the coming year. There were no challengers. Councillor-at-Large Joseph McGonagle stated, “I can’t say enough about Mike Marchese ... about how much he loves the city of Everett. I see him driving the streets at 5.00 a.m. in the morning, worried about the safety of the citizens of Everett. I can think of no better councillor ‌ at this time to lead this board to unify us.â€? “I wrote something down,â€? strong-voiced Marchese said, making his first address as

president. “First, I’d like to welcome this first board in Everett’s history – congratulations! I congratulate the voters for selecting a very competent and diverse group of people who I know represent our city with dignity and respect ... I would also like to congratulate this council for electing me the first president of the new government ‌I can’t wait to start working and get this thing going. I’m very proud and humbled to be here.â€? The board also elected John Burley as clerk of committees for 2014–2015. Marchese then appointed Councillors Fred Capone, Richard Dell Isola and Cynthia Sarnie to inform the mayor of their organization. The meeting was over within 11 minutes. At the end, Councillor Stephen Simonelli praised the newly refurbished hall, stating, “I’m really proud of the work that our city people can do ‌. everything’s been done in-house, and they did

COUNCIL | SEE PAGE 2

Member FDIC Member SIF NMLS# 443050

419 Broadway • Everett, MA www.everettbank.com • 617-387-1110

*Annual Percentage Rates (APR) are effective January 10, 2014 and is subject to change. All Rates and APR’s are calculated based on a $200,000 loan for an owner-occupied single family dwelling with 20% down payment. Rates are also based on Loan to Value and Credit Scores. The monthly principal and interest payment for 15-Year Fixed-Rate Mortgage is $7.21 per $1,000 borrowed. Monthly principal and interest payment for 30-Year Fixed-Rate Mortgage is $5.07 per $1,000 borrowed. These payments do not include taxes and insurance; therefore, the actual payment obligation may be greater.

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