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ORDINANCE NO. 3054-08 ���/"� <br /> 1071 <br /> AN ORDINANCE closing a special improvement project <br /> entitled "41St Street Overcrossing," Fund 303, Program <br /> 037, as established by Ordinance No. 2569-02. <br /> WHEREAS, the special improvement project entitled "41St Street Overcrossing," Fund 303, <br /> Program 037, was established to provide 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 "41St Street Overcrossing," Fund 303, Program <br /> 037, as established by Ordinance No. 2569-02, be closed. <br /> Section 2: <br /> That the final expenses and revenues for the"41St Street Overcrossing," Fund 303, Program 037, <br /> are as follows: <br /> A. Expenses <br /> Total Project Costs $17,258,021.00 <br /> Total Expenses $17,258,021.00 <br /> B. Source of Funds <br /> STP HP-1998 (015)-Federal Grant $10,175,687.00 <br /> FMSIB HP-1998 (015)- State Grant 3,000,000.00 <br /> PWTF Loan 1,000,000.00 <br /> BNSF Agreement 800,000.00 <br /> DOE G0200099- State Grant 516,572.00 <br /> Fund 024-Engineering 331,913.00 <br /> Fund 154-CIP III 320,000.00 <br /> Fund 162- CIP IV 934,510.00 <br /> Fund 301 -Arterial Streets 148,200.00 <br /> Fund 303 -Investment Interest 31,139.00 <br /> Total Source of Funds $17,258,021.00 <br />