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ORDINANCE NO. <br /> An ORDINANCE closing a special improvement project <br /> entitled "41St Street Local Arterial Improvement Projects", <br /> Fund 303, Program 069 as established by Ordinance No. <br /> 3080-08. <br /> WHEREAS,the special improvement project entitled"41St Street Local Arterial Improvements" <br /> Fund 303, Program 069, was established to provide identified improvements; 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 /> NOW,THEREFORE,THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1: <br /> That the special improvement project entitled"41St Street Local Arterial Improvements"Fund <br /> 303,Program 069, as established by Ordinance No. 3080-08,be closed. <br /> Section 2: <br /> That the final expenses and revenues for the "41St Street Local Arterial Improvements"Fund <br /> 303, Program 069, are as follows: <br /> A. Expenses <br /> Total Project Costs <br /> Design and Construction $4,967,016 <br /> Total Expenses $ 4,967,016 <br /> B. Source of Funds <br /> FHWA HP-2776(007)—Federal Grant $2,831,276 <br /> NCPD-2776(007)—Federal Grant 968,649 <br /> Fund 157—Traffic Mitigation 1,011,022 <br /> Fund 301 —Arterial Streets 156,069 <br /> Total Funds $ 4,967,016 <br /> 2 <br />