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"111P , <br /> oii/b//:.."'"Am <br /> ORDINANCE NO. 2642-02 <br /> AN ORDINANCE closing a special improvement project entitled "75th <br /> Street SE Improvements," Fund 303, Program 018, as established by <br /> Ordinance No. 2504-00. <br /> WHEREAS, the special improvement project entitled "75th Street SE Improvements," Fund 303, <br /> Program 018, 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 to <br /> be received; <br /> NOW, THEREFORE,THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1: <br /> That the special improvement project entitled "75th Street SE Improvements,"Fund 303, Program 018,be <br /> closed. <br /> Section 2: <br /> That the final expenses and revenues for the "75th Street SE Improvements," Fund 303, Program 018, are <br /> as follows: <br /> A. Expenses <br /> Total Project Costs $ 2,198,308.63 <br /> Total Cost $ 2,198,308.63 <br /> B. Source of Funds <br /> Public Works Trust Fund(State) $ 1,034,310.00 <br /> TIB —State Grant 99,999.63 <br /> GTE Service Revenue 119,862.00 <br /> Alderwood Water District 6,817.00 <br /> Everett School District 7,060.00 <br /> AT&T Service Revenue 1,181.00 <br /> Investment Interest 58,249.00 <br /> Fund 154—CIP III 237,750.00 <br /> Fund 157—Traffic Mitigation 474,500.00 <br /> Fund 158—Boeing Mitigation 63,000.00 <br /> Fund 301 —Arterial Streets 95,580.00 <br /> Total Source of Funds $ 2,198,308.63 <br />