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ORDINANCE NO. 3514-16 <br /> AN ORDINANCE closing a special improvement project <br /> entitled, "SR99/Evergreen Way BRT Project," Fund 303, <br /> Program 081, as established by Ordinance No. 3101-08 <br /> WHEREAS,the special improvement project entitled" SR99/Evergreen Way BRT Project" <br /> Fund 303, Program 081, was established to provide for 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"SR99/Evergreen Way BRT Project"Fund 303, <br /> Program 081, as established by Ordinance No. 3101-08, be closed. <br /> Section 2: <br /> That the final expenses and revenues for the "SR99/Evergreen Way BRT Project" Fund 303, <br /> Program 081, are as follows: <br /> A. Expenses <br /> Design and Construction $ 1,543,964 <br /> Remaining Balance Transfer-Fund 425 148,059 <br /> Remaining Balance Transfer-Fund 157 74,029 <br /> Total Expenses $ 1,766,052 <br /> B. Source of Funds <br /> Federal Grant-CM-0099(104) $ 1,156,052 <br /> Fund 119-Street Improvements 10,000 <br /> Fund 157-Traffic Mitigation 200,000 <br /> Fund 425 -Everett Transit 400,000 <br /> Total Revenues $ 1,766,052 <br />