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ORDINANCE NO. <br />An ORDINANCE closing a special improvement project entitled “Sewer “O” Utility Upgrades Phase 2” <br />Fund 336, Program 026, as established by Ordinance No. 3834-21. <br />WHEREAS, <br />A.The special improvement project entitled “Sewer “O” Utility Upgrades Phase 2” Fund 336, <br />Program 026, was established to provide for identified improvements. <br />B.The project has been deferred to a future date and there are neither outstanding obligations to <br />be paid nor uncollected revenues to be received. <br />NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br />Section 1.The special improvement project entitled “Sewer “O” Utility Upgrades Phase 2” Fund 336, <br />Program 026, as established by Ordinance No. 3834-21 be closed. <br />Section 2.That the final expenses and revenues for the “Sewer “O” Utility Upgrades Phase 2” Fund 336, <br />Program 026 are as follows: <br />A. Expense <br />Design $ 21,603 <br />Remaining Balance Transfer to Fund 401 _$7,558,397 <br />Total Expenses $7,580,000 <br />B. Source of Funds <br />Fund 401 – Water/Sewer Utility Fund _$7,580,000 <br />Total Funds $7,580,000 <br />Section 3.There are no financial transactions remaining. <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 />4085-25