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ORDINANCE NO. 2767-04 <br /> AN ORDINANCE closing a special construction fund entitled"Silver Lake <br /> Construction", Fund 334 as amended by Ordinance No. 2689-03 <br /> WHEREAS,the special construction fund entitled"Silver Lake Construction", Fund <br /> 334, was established to provide for the said repairs and improvements; and <br /> WHEREAS,the purpose of the special construction fund has been accomplished; and <br /> WHEREAS,there are neither outstanding obligations of the fund to be paid nor <br /> uncollected revenues to be received; <br /> NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1: <br /> That the "Silver Lake Construction", Fund 334, be closed. <br /> Section 2: <br /> That the final expenses and revenues for the "Silver Lake Construction", Fund 334, are as <br /> follows: <br /> A. Expenses <br /> Total Construction Costs $ 1,584,920 <br /> B. Revenues <br /> IAC Grant $ 374,957 <br /> Fund 101 150,000 <br /> Fund 150 916,875 <br /> Fund 154 (CIP 3) 120,656 <br /> Total Revenues $ 1,584,920 <br />