3505 LOWELL-SNOHOMISH RIVER RD ROTARY PARK 2018-01-02 MF Import

EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET PROJECT TiTLE: AN ORDINANCE amending the total estimated cost and appropriation for the special construction fund entitled "Rotary Park Phase I Development" Fund 353, LOCATION Rotary Park 35OS Lo uedI—S Initialed by: Department Head: CAA: Council President: COUNCIL BILL 9 Originating Department: Contact Person: Phone Number: FOR AGENDA OF: �a ee-970?53 Parks Cooper/Marry 259-0300 August 27, 1997 Consent y�7 Second Reading Preceding Action: q �o q7 Third Reading Ordinance 1684-90 Action First Reading Public Hearing Ordinance 1829-91 Attachments: Ordinance Department(s) Approval (Identify): SUMMARY STATEMENT: however public use of the facility is limited due to the lack of parking Currently, Rotary Park is open, . Additional funding is needed to complete the construction of a parking lot and associated drainage improvements. These items were not included in the original constru Phasa I Construction Fund (Fund Sion cont--act due to lack of aing ) hast the time the contract was awarded. Since 1991, the Rotary Parkearned S73,340 in interest on donations and other sources deposited in the fund. IAC Grant funds are already budgeted and are available to match the additional appropriation. The attached ordinance provides the necessary funding for tbt: construction of a parking lot at Rotary Park. The Parks and Recreation Department anticipates completing construction of the parking lot this year if the attached ordinance is approved. RECOMIAENDATION (Exact action requested of Council): The Parks and Recreation Department requests the approval of the attached ordinance amending the total estimated cost and appiopriation for the special construction fund entitled "Rotary Park Phase I Development" Fund 353. 16 ,kadm i n\counci I\cs96619. doc