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3 <br /> EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET <br /> PROJECT TITLE: <br /> An Ordinance closing a special Briefing COUNCIL BILL# CB ,1 f', <br /> improvement project entitled Proposed Action Originating Department Public Works <br /> "41St Street Extension and Consent Contact Person Dave Davis <br /> Roundabout,"Fund 308, Action Phone Number (425) 257-8913 <br /> Program 002,as established by First Reading FOR AGENDA OF June 18,2014 <br /> Ordinance No.3246-11 Second Reading <br /> Third Reading <br /> Public Hearing <br /> Budget Advisory Initialed by: <br /> Department Head <br /> CAA 414) <br /> Council President <br /> Location Preceding Action Attachments Department(s)Approval <br /> East end of 41st Street Final Acceptance 3/5/14 Proposed Ordinance Public Works,Admin <br /> Ordinance No. 3246-11 <br /> Amount Budgeted $11,818,230 <br /> Expenditure Required $11,324,962 Account Number(s): RD3310 <br /> Budget Remaining $493,358 <br /> Additional Required -0- <br /> DETAILED SUMMARY STATEMENT: <br /> This project,identified in the Property Disposition Agreement,constructed a roundabout and extended 41st <br /> Street to provide access to the former Simpson site. <br /> The funding sources for this improvement project were: <br /> Fund 154—CIP 3 $3,500,000 <br /> Fund 308 Land Sale OM 2,976,453 <br /> Fund 162—CIP 2 2,583,509 <br /> Fund 115—General Gov't Special Projects 1,075,000 <br /> Fund 009—General Fund 665,000 <br /> Fund 162—CIP 4 525,000 <br /> Total Funds $11,324,962 <br /> RECOMIVIENDATION(Exact action requested of Council): <br /> Adopt an Ordinance closing a special improvement project entitled"41st Street Extension and <br /> Roundabout",Fund 308,Program 002, as established by Ordinance No. 3246-11. <br /> 17 <br />