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ORDINANCE NO. 2 3 5 5-9 8 <br /> 7?.61.77- <br /> AN ORDINANCE closing the special construction fund entitled"41st Street Improvement Project" <br /> Fund 395 as established by Ordinance No. 1901-92. <br /> WHEREAS,the "41st Street Improvement Project"Fund 395 was established to provide for the <br /> 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. 395, "41st Street Improvement Project",be closed. <br /> Section 2: <br /> That the final expenses and revenues for"41st Street Improvement Project"Fund 395, are as <br /> follows: <br /> EXPENSES <br /> Construction Costs $88,348 <br /> Residual Equity Transfer Out 15,031 <br /> Total $103,379 <br /> REVENUES <br /> WSDOT Grant 46,261 <br /> Investment Interest 626 <br /> Transfer In from Fund 157 9,917 <br /> Transfer In from Fund 301 46,575 <br /> Total $103,379 <br />