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<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />ORDINANCE NO. 4062-24 <br /> <br />An ORDINANCE creating a special improvement project entitled “2025 Federal Overlay” Fund 303, <br />Program 131, to accumulate all costs for the improvement. <br /> <br />WHEREAS, <br /> <br />A. The City of Everett is committed to a planned street preservation program. <br /> <br />B. The City of Everett has identified the need and obtained funds to construct certain preservation <br />improvements to federal arterial street segments. <br /> <br />NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br /> <br />Section 1. A special improvement project is hereby established as Fund 303, Program 131, entitled <br />“2025 Federal Overlay” to accumulate all costs for the improvement. Authorization is hereby given to <br />accumulate costs and distribute payments for the improvement project. <br /> <br />Section 2. Authorization is hereby granted for the “Public Works Director” or “City Engineer” under <br />the direction of the Mayor, to assume full and complete responsibility for conducting all tasks and doing <br />all things to accomplish the actions authorized in this ordinance. <br /> <br />Section 3. The sum of $3,825,480 is hereby appropriated to Fund 303, Program 131, “2025 Federal <br />Overlay” as follows: <br /> <br /> A. Estimated Project Costs $3,825,480 <br /> <br /> B. Source of Funds <br /> Federal Grant – NHPP $1,079,000 <br /> Federal Grant – STBG 696,480 <br /> Fund 119 – Street Improvements 2,050,000 <br /> Total Funds $3,825,480 <br /> <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.