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liz <br /> EVERETT <br /> WASHINGTON <br /> ORDINANCE NO. 3855-21 <br /> An ORDINANCE closing a special improvement project entitled "Citywide Streetlight LED Conversion" <br /> Fund 303, Program 108,as established by Ordinance No.3461-15. <br /> WHEREAS, <br /> A. The special improvement project entitled "Citywide Streetlight LED Conversion" Fund 303, <br /> Program 108,was established to provide for identified improvements. <br /> B. The purpose of the project has been accomplished and there are neither outstanding obligations <br /> to be paid nor uncollected revenues to be received. <br /> NOW,THEREFORE,THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1. That the special improvement project entitled "Citywide Streetlight LED Conversion" <br /> Fund 303, Program 108, as established by Ordinance No. 3461-15 be closed. <br /> Section 2. That the final expenses and revenues for the "Citywide Streetlight LED Conversion" <br /> project Fund 303, Program 108 are as follows: <br /> A. Expenses <br /> Design and Construction $2,213,694 <br /> B. Source of Funds <br /> WA State Dept. of Commerce Grant $ 500,000 <br /> PUD Energy Incentives 376,829 <br /> Local Funds (Loan Proceeds, Other) 1,328,811 <br /> Fund 119—Street Improvements 8,054 <br /> Total Funds $2,213,694 <br /> Section 3. There are no financial transactions remaining <br /> Section 4. The City Clerk and the codifiers of this Ordinance are authorized to make necessary <br /> corrections to this Ordinance including, but not limited to,the correction of scrivener's/clerical errors, <br />