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r <br /> Ll <br /> 3✓ <br /> • <br /> ORDINANCE NO. <br /> AN ORDINANCE closing a special improvement project <br /> entitled,"2010 ARRA Overlay Program,"Fund 303, <br /> Program 088 as established by Ordinance No. 3179-10 , <br /> WHEREAS,the special improvement project entitled"2010 ARRA Overlay Program,"Fund <br /> 303,Program 088;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"2010 ARRA Overlay Program"Fund 303, <br /> Program 088, as established by Ordinance No. 3179-10,be closed. <br /> Section 2: <br /> That the fmal expenses and revenues for the"2010 ARRA Overlay Program,"Fund 303, <br /> Program 088,are as follows: . <br /> A. Expenses <br /> Design and Construction $655,764 <br /> • Remaining Balance Transfer , 49,075 <br /> Total Expenses $704,839 <br /> B. Source of Funds <br /> Federal Grant(FHWA-ARRA) $ 634,839 <br /> • <br /> Fund 11.9—Street Improvements 70,000 <br /> Total Revenues . $704,839 <br /> 6 <br />