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• <br /> EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET 8 <br /> PROJECT TITLE: <br /> AN ORDINANCE Consent COUNCIL BILL# 0&.)60(4-4-C <br /> CREATING A SPECIAL Action Originating Department Engineering <br /> IMPROVEMENT PROJECT 9/20/06 First Reading Contact Person Ryan Sass <br /> ENTITLED, "112111 STREET 9/27/06 Second Reading Phone Number (425) 257-8942 <br /> S.E. — SILVER LAKE ROAD 10/4/06 Third Reading FOR AGENDA OF Sept. 20, 2006 <br /> TO SR 527", FUND 303, Public Hearing <br /> PROGRAM 076, TO Initialed by: <br /> ACCUMULATE ALL COSTS Department Head ; <br /> FOR THE IMPROVEMENT CAA <br /> Council President <br /> Location Preceding Action Attachments Department(s)Approval <br /> 112th St. S.E.— Silver Vicinity Map <br /> Lake Road to SR 527 <br /> Amount Budgeted $5,359,130.00 <br /> Expenditure Required $5,359,130.00 Account Number(s): PW3256 <br /> Budget Remaining - 0- <br /> Additional Required - 0- <br /> DETAILED SUMMARY STATEMENT: <br /> This ordinance will create a special fund to accumulate all costs for the design, right-of-way, and <br /> construction of improvements to 112th Street S.E. from Silver Lake Road to SR 527. The improvements <br /> will include widening the existing street to five lanes with curb, gutter, sidewalk, bicycle lanes, storm <br /> drainage facilities, illumination, and traffic signal modifications. <br /> The funding sources for this project are as follows: <br /> TIB Grant (State) $2,943,558.00 <br /> STP Grant (Federal) 1,962,370.00 <br /> Fund 157 - Traffic Mitigation 303,200.00 <br /> Fund 158 —Boeing Mitigation 150,000.00 <br /> Total $5,359,128.00 <br /> RECOMMENDATION (Exact action requested of Council): <br /> Approve the proposed ordinance creating a special improvement project entitled, "112th Street S.E. - <br /> Silver Lake Road to SR 527", Fund 303, Program 076, to accumulate all costs for the improvement. <br /> 42 <br />