Laserfiche WebLink
ORDINANCE NO. 2119-96 <br /> AN ORDINANCE closing the "Homeport/CBD <br /> Traffic Needs Study", Fund 335 as established by <br /> Ordinance No. 1685-88 and amended by Ordinance <br /> No. 1685-90. <br /> WHEREAS, the "Homeport/CBD Traffic Needs Study", Fund 335 was established to <br /> 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 "Homeport/CBD Traffic Needs Study", Fund 335 be closed. <br /> Section 2: <br /> That the final expenses and revenues for the "Homeport/CBD Traffic Needs Study", <br /> Fund 335 are as follows: <br /> A. Expenses <br /> Total Construction Costs $ 148,284 <br /> Interfund Transfer To Fund 301 $ 1,060 <br /> Total Cost $ 149,344 <br /> B. Revenues <br /> DCD State Grant $ 86,465 <br /> Fund 301 - Arterial Streets $ 61,819 <br /> Interest Earnings $ 1,060 <br /> Total Funds $ 149,344 <br />