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ORDINANCE NO. 3325-13 <br /> AN ORDINANCE closing a special improvement project entitled <br /> "Railroad Track Relocation," Fund 303, Program 064, as <br /> established by Ordinance No. 3036-07. <br /> WHEREAS, the special improvement project entitled "Railroad Track Relocation," Fund 303, <br /> Program 064, was established to provide identified 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 CITY OF EVERETT DOES ORDAIN: <br /> Section 1: <br /> That the special improvement project entitled "Railroad Track Relocation," Fund 303, Program <br /> 064, as established by Ordinance No. 3036-07, be closed. <br /> Section 2: <br /> That the final expenses and revenues for the "Railroad Track Relocation," Fund 303, Program <br /> 064, are as follows: <br /> A. Expenses <br /> Total Project Costs $ 8,275,409.00 <br /> Total Expenses $ 8,275,409.00 <br /> B. Sources of Funds <br /> TCSP-TCSP(011)-Federal Grant $ 3,667,759.00 <br /> STP- Section 115 -Federal Grant 500,000.00 <br /> RR-00344- State Grant 1,798,790.00 <br /> WSDOT RR- State Grant 103,900.00 <br /> Fund 162-CIP 1,632,062.00 <br /> Fund 401 -Utilities 572,898.00 <br /> Total $ 8,275,409.00 <br />