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ORDINANCE NO. <br />EVERETT <br />WASH I NGTON <br />An ORDINANCE closing a special improvement project entitled "Water Main Replacement V" Fund <br />336, Program 004, as established by Ordinance No. 3720-19. <br />WHEREAS, <br />A. The special improvement project entitled "Water Main Replacement V" Fund 336, Program 004, <br />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 "Water Main Replacement V" Fund 336, <br />Program 004, as established by Ordinance No. 3720-19 be closed. <br />Section 2. That the final expenses and revenues for the "Water Main Replacement V" project Fund <br />336, Program 004 are as follows: <br />A. Expenses <br />Design and Construction $2,029,588 <br />Remaining Balance Transfer to Fund 401 720,412 <br />Total Expenses $2,750,000 <br />B. Source of Funds <br />Fund 401— Water/Sewer Utility Fund <br />Total Funds <br />Section 3. There are no financial transactions remaining. <br />$2,750,000 <br />$2,750,000 <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 />references, ordinance numbering, section/subsection numbers, and any internal references. <br />Section 5. The City Council hereby declares that should any section, paragraph, sentence, clause or <br />phrase of this ordinance be declared invalid for any reason, it is the intent of the City Council that it <br />