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ORDINANCE NO. 4150-25 <br />An ORDINANCE closing a special improvement project entitled “Citywide Bicycle Wayfinding” Fund <br />303, Program 126, as established by Ordinance No. 3865-22. <br />WHEREAS, <br />A.The special improvement project entitled “Citywide Bicycle Wayfinding” Fund 303, Program 126, <br />was established to provide for identified improvements. <br />B.The purpose of the project has been accomplished and there are neither outstanding obligations <br />to 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 “Citywide Bicycle Wayfinding” Fund 303, Program <br />126, as established by Ordinance No. 3865-22 be closed. <br />Section 2. The final expenses and revenues for the “Citywide Bicycle Wayfinding” Fund 303, Program <br />126 are as follows: <br />A.Expense <br />Design & Construction $423,617 <br />Remaining Balance Transfer to Fund 119 14,442 <br />Total Expenses $438,059 <br />B. Source of Funds <br />State Grant - PBST $338,059 <br />Fund 119 – Street Improvements 100,000 <br />Total Funds $438,059 <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