Section 493. Annual report of trustees

The  trustees  of the fund shall
  submit to the mayor, the board of education and the city council of  the
  city  of  Yonkers annually on or before February first, a full report of
  its activities and operations through the thirtieth day of the preceding
  September, including: (1) details as to projects in  planning,  projects
  in   the   process   of   construction,   acquisition,   reconstruction,
  rehabilitation  or  improvement,  and  projects   completed;   (2)   the
  performance  record  of  the  trustees  in  completing  construction  in
  accordance with the desired completion dates and  within  the  estimated
  costs;  (3)  the  architects,  engineers  and  other private consultants
  engaged by the trustees of the fund on a contract basis and a  statement
  of  the  total  amount  paid  and yet to be paid, or estimated yet to be
  paid, under each such contract; (4) the monies made  available  for  the
  purposes of the fund; (5) details as to any lease, sublease or agreement
  executed  by  the trustees of the fund and the annual rentals to be paid
  or received on account thereof; (6) its assets and  liabilities  at  the
  end  of the fiscal year, including the status of reserve funds and other
  funds and accounts; (7) a schedule of its bonds and notes outstanding at
  the end of its fiscal year,  together  with  the  amounts  redeemed  and
  incurred  during such fiscal year, and such other information related to
  the activities and operation of the fund as the  trustees  may  consider
  pertinent.