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• <br /> 7 1; <br /> ORDINANCE NO. <br /> AN ORDINANCE closing a special improvement project <br /> entitled, "Parcel C-Road and Intersection Improvements" <br /> Fund 308,Program 005, as established by Ordinance No. <br /> 3174-10 <br /> WHEREAS,the special improvement project entitled"Parcel C -Road and Intersection <br /> Improvements"Fund 308,Program 005,was established to provide identified improvements; <br /> and <br /> WHEREAS,the purpose of the fund has been accomplished; and <br /> WHEREAS,there are neither outstanding obligations of the fund to be paid nor uncollected <br /> revenues to be received; <br /> • <br /> NOW,THEREFORE,THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1: <br /> That the special improvement project entitled"Parcel C-Road and Intersection Improvements" <br /> Fund 308, Program 005, as established by Ordinance No. 3174-10,be closed. <br /> Section 2: <br /> That the final expenses and revenues for the"Parcel C - Road and Intersection Improvements" <br /> Fund 308, Program 005, are as follows: <br /> A. Expenses <br /> Total Project Costs $ 1,160,927 <br /> • <br /> Total Expenses $ 1,160,927 <br /> B. Source of Funds <br /> Fund 157-Traffic Mitigation $ 1,100 000 <br /> Fund 162- CIP 4 60,927 <br /> Total Source of Funds $ 1,160,927 <br /> 22 <br />