Ordinance 3264-12 - Laserfiche WebLink

OW, "S/7: ORDINANCE NO. 3264-12 AN ORDINANCE creating a special improvement project entitled"Kasch Park Soccer Field Number One Replacement," Fund 354, Program 040,to accumulate all costs for the improvement project. WHEREAS,the City of Everett is committed to a planned parks capital improvement program as part of the City of Everett Parks & Recreation Comprehensive Plan; and WHEREAS, the City of Everett is requesting funding approval for the utilization of Capital Improvement Program 3 (CIP 3) and Fund 148 funds for the construction of Kasch Park soccer field number one's replacement; NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: Section 1: A special improvement project is hereby established as Fund 354, Program 040, and shall be entitled"Kasch Park Soccer Field Number One Replacement"to accumulate all costs for the improvement project. Section 2: Authorization is hereby given to accumulate costs and distribute payments from Fund 354, Program 040, for the improvement project. Section 3: Authorization is hereby granted to the Parks and Recreation Director, under the direction of the Mayor,to assume full and complete responsibility for conducting all tasks and doing all things to accomplish the action authorized in this ordinance. Section 4: The sum of$1,005,565 is hereby appropriated to Fund 354, Program 040, "Kasch Park Soccer Field Number One Replacement"as follows: A. Estimated Project Costs Construction $1,005,565 Total Estimated Costs $1,005,565 B. Source of Funds Fund 154-CIP 3 $ 700,000 Fund 148-Cumulative Reserve for Parks $ 305,565 Total Estimated Funds $1,005,565