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AMP <br /> Amimil71.,1401 <br /> ORDINANCE NO. 2578-02 <br /> AN ORDINANCE closing a special improvement project entitled "Silver <br /> Lake Road Realignment," Fund 303, Program 002, as established by <br /> Ordinance No. 1983-93. <br /> WHEREAS, the special improvement project entitled "Silver Lake Road Realignment," Fund 303, <br /> Program 002, was established to provide for the said 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 revenues <br /> to be received; <br /> NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1: <br /> That the special improvement project entitled "Silver Lake Road Realignment," Fund 303, Program <br /> 002, be closed. <br /> Section 2: <br /> That the final expenses and revenues for the "Silver Lake Road Realignment," Fund 303, Program 002, <br /> are as follows: <br /> A. Expenses <br /> Total Project Costs $ 627,524.92 <br /> Total Cost $ 627,524.92 <br /> B. Source of Funds <br /> Fund 119— Street Improvements $ 121,120.92 <br /> Fund 158 —Boeing Mitigation 202,000.00 <br /> Fund 303 —Misc. Revenue 4,404.00 <br /> Fund 334— Silver Lake Construction 300,000.00 <br /> Total Source of Funds $ 627,524.92 <br />