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"OW <br /> libil <br /> ORDINANCE NO. 2648-02 <br /> AN ORDINANCE closing a special improvement project entitled "4th <br /> Avenue West - 88th Street SW to Holly Drive," Fund 303, Program 039, as <br /> established by Ordinance No. 2387-99. <br /> WHEREAS, the special improvement project entitled "4th Avenue West - 88th Street SW to Holly <br /> Drive,"Fund 303, Program 039, 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 "4th Avenue West - 88th Street SW to Holly Drive," Fund <br /> 303, Program 039,be closed. <br /> Section 2: <br /> That the final expenses and revenues for the "4th Avenue West - 88th Street SW to Holly Drive," Fund <br /> 303, Program 039, are as follows: <br /> A. Expenses <br /> Total Project Costs $ 1,551,905.98 <br /> Total Cost $ 1,551,905.98 <br /> B. Source of Funds <br /> TIB (State) Grant $ 313,888.98 <br /> Fund 119 Street Improvements 103,091.00 <br /> Fund 157 -Traffic Mitigation 30,000.00 <br /> Fund 158 -Boeing Mitigation 1,104,926.00 <br /> Total $ 1,551,905.98 <br /> Total Source of Funds $ 1,551,905.98 <br />