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• <br /> L 3 <br /> EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET <br /> PROJECT TITLE: <br /> An ordinance closing a special Consent COUNCIL BILL# C C4 fQ-1ILI <br /> improvement project entitled, X Action Originating Department Engineering/PS <br /> "I-5 Corridor Study," Fund 10/25 First Reading Contact Person Ryan Sass .--43 <br /> 303, Program 032 as 11/01 Second Reading Phone Number 257-8942 <br /> established by Ordinance No. 11/08 Third Reading FOR AGENDA OF Oct. 25, 2006 <br /> 2751-04. Public Hearing <br /> Initialed by: I , <br /> Department Head -)('C�\ <br /> CAA — <br /> Council President <br /> Location Preceding Action Attachments Department(s)Approval <br /> I-5, 112`h Street SE to 2/11/04 Ordinance No. Proposed Ordinance Finance <br /> 12th Street NE 2751-04 approved <br /> Amount Budgeted $1,625,016.00 <br /> Expenditure Required $1,545,843.00 Account Number(s): PW2901 <br /> Budget Remaining $79,173.00 <br /> Additional Required $0.00 <br /> DETAILED SUMMARY STATEMENT: <br /> The attached ordinance will close the special improvement project entitled, "I-5 Corridor Study,"Fund 303, <br /> Program 032. The design and construction of the project has been completed at a total cost of$1,545,843.00. <br /> The funding sources for this project are as follows: <br /> TEA-21 (Federal) Grant $1,244,725.00 <br /> Fund 119—Street Improvements 150,000.00 <br /> Fund 157—Traffic Mitigation 89,466.00 <br /> Fund 301 —Arterial Streets 61,652.00 <br /> Total $1,545,843.00 <br /> RECOMMENDATION (Exact action requested of Council): <br /> Approve the ordinance closing the special improvement project entitled"I-5 Corridor Study,"Fund 303, <br /> Program 032, as established by Ordinance No. 2751-04. <br /> 2901 CCA-Close.DOC <br /> 42 <br />