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oeb/14 <br /> OW <br /> Eczn , <br /> ORDINANCE NO. 2 2 3 6—9 7 <br /> AN ORDINANCE creating a special improvement fund entitled <br /> "Marine View Drive, Alverson Bridge to North Broadway", <br /> Fund 305, to accumulate all costs for the improvement project <br /> and repealing Ordinance 2040-95. <br /> WHEREAS, the City of Everett is committed to street widening, drainage, pedestrian, bicycle <br /> and traffic improvements on Marine View Drive between Alverson Bridge and North <br /> Broadway; and <br /> WHEREAS, this project is part of the planned improvements to Marine View Drive and the <br /> City of Everett has received State Grants, Federal Grants, and other funds for these <br /> improvements; and <br /> NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1: <br /> A special improvement project is hereby established as Fund 305, "Marine View Drive, <br /> Alverson Bridge to North Broadway" to accumulate all costs for the improvement project and <br /> repealing Ordinance 2040-95. <br /> Section 2: <br /> Authorization is hereby given to accumulate costs and distribute payments from Fund 305 for <br /> design and construction of the improvement project. <br /> Section 3: <br /> Authorization is hereby granted for the "Engineering/Public Services Director", under <br /> direction of the Mayor, to assume full and complete responsibility for conducting all tasks and <br /> doing all things to accomplish the actions authorized in this ordinance. <br /> Section 4: <br /> The sum of $3,151,930.00 is hereby appropriated to Fund 305, "Marine View Drive, <br /> Alverson Bridge to North Broadway" as follows: <br /> A. Estimated Project Costs <br /> Design $ 251,477 <br /> Right-of-Way $ 120,800 <br /> Construction $ 2,779,653 <br /> Total Estimated Cost $ 3,151,930 <br />