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ORDINANCE NO. <br /> AN ORDINANCE closing a special improvement project entitled <br /> "Pacific Avenue Overcrossing," Fund 313, as established by <br /> Ordinance 2443-00. <br /> WHEREAS,the special improvement project entitled"Pacific Avenue Overcrossing", <br /> Fund 313,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 <br /> uncollected revenues to be received; <br /> NOW,THEREFORE,THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1: <br /> That the special improvement project entitled "Pacific Avenue Overcrossing", Fund 313, <br /> be closed. <br /> Section 2: <br /> That the final expenses and revenues for the"Pacific Avenue Overcrossing",Fund 313, <br /> are as follows: <br /> A. Expenses <br /> Total Project Costs $11,836,936.00 <br /> Total Costs $11,836,936.00 <br /> B. Source of Funds <br /> CIP3 $116,634.00 <br /> Sound Transit 11,408,885.00 <br /> Other(Investment Interest) 311,417.00 <br /> Total Source of Funds $11,836,936.00 <br /> 122 <br />