Laserfiche WebLink
rEk."77- <br /> ORDINANCE NO. 2 3 5 2—9 8 <br /> AN ORDINANCE closing the special construction fund entitled"Southwest Everett Intersection <br /> Improvements"Fund 394 as established by Ordinance No. 1863-92. <br /> WHEREAS,the"Southwest Everett Intersection Improvements"Fund 394 was established to <br /> provide for the said 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 EVERETT CITY COUNCIL DOES ORDAIN: <br /> Section 1: <br /> That the special construction fund,Fund No. 394, "Southwest Everett Intersection Improvements", <br /> be closed. <br /> Section 2: <br /> That the final expenses and revenues for"Southwest Everett Intersection Improvements"Fund <br /> 394, are as follows: <br /> EXPENSES <br /> Construction Costs $1,175,477 <br /> Residual Equity Transfer Out 108,310 <br /> Total $1,283,787 <br /> REVENUES <br /> Investment Interest 44,360 <br /> Transfer In from Fund 157 159,427 <br /> Transfer In from Fund 158 1,080,000 <br /> Total $1,283,787 <br />