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<br /> <br /> <br />2025 ORDINANCE: Lowell Riverfront Park Renovation Page 1 of 2 <br /> <br /> <br /> <br /> <br /> <br /> <br />ORDINANCE NO. 4067-25 <br /> <br />An ORDINANCE closing a special improvement project entitled “Lowell Riverfront Park Renovation”, <br />Fund 354, Program 080, as established by Ordinance No. 3899-22. <br /> <br /> <br />WHEREAS, <br /> <br />A. The Parks special improvement project “Lowell Riverfront Park Renovation”, Fund 354, Program <br />080, was established to accumulate all costs for the improvement project. <br /> <br />B. The purpose of the special improvement project has been accomplished. <br /> <br />C. There are neither outstanding obligations of the fund to be paid nor uncollected revenues to be <br />received. <br /> <br />NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br /> <br />Section 1. That the special improvement project fund 354, program 080 “Lowell Riverfront Park <br />Renovation”, to be closed. <br /> <br />Section 2. That the final revenues and expenses for the “Lowell Riverfront Park Renovation”, Fund 354, <br />Program 080, are as follows: <br /> <br />REVENUES <br />Fund 354 – CIP 3 $250,000 <br />Total $250,000 <br /> <br />EXPENSES <br />Construction $209,866 <br />Transfer out – to CIP 3 $ 40,134 <br />Total $250,000 <br /> <br />Section 3. That the remaining balance of $40,134 be transferred to CIP 3. <br /> <br />