2008/03/14 Council Agenda Packet

EVERETT CITY COUNCIL AGENDA ITEM'COVER SHEET PROJECT TITLE: An ordinance closing a special improvement project entitled "2006 Federal Overlay Program," Fund 303, Program 073, as established by Ordinance No. 2897-06. Location Various Locations Preceding Action 2/22/06 Ordinance No. 2897-06 approved. 2/27/08 Budget Committee COUNCIL BILL # Originating Department Contact Person Phone Number FOR AGENDA OF Initialed by: Department Head CAA Council President Attachments Proposed Ordinance Vicinity maps Engineering/PS Ryan Sass 257-8942 March 14, 2008 Department(s) Approval Finance 13 Amount Budgeted Consent X Action 3/12 First Reading 3/19 Second Reading 3/26 Third Reading 135,067.00 Public Hearing Preceding Action 2/22/06 Ordinance No. 2897-06 approved. 2/27/08 Budget Committee COUNCIL BILL # Originating Department Contact Person Phone Number FOR AGENDA OF Initialed by: Department Head CAA Council President Attachments Proposed Ordinance Vicinity maps Engineering/PS Ryan Sass 257-8942 March 14, 2008 Department(s) Approval Finance 13 Amount Budgeted $578,338.00 Expenditure Required $713,405.00 Account Number(s): PW3239 Budget Remaining -0- 0 -Additional Additional Required 135,067.00 DETAILED SUMMARY STATEMENT: The attached ordinance will close the special improvement project entitled, "2006 Federal Overlay Program," Fund 303, Program 073. This fund was established to enable the design and construction of street overlay improvements on segments of three (3) federal -aid streets. The source of the required additional funds is Fund 162 — CEP IV. The funding sources are as follows: STPUL-0420(017) - Federal Grant Fund 162 — CIP IV Fund 119 — Street Improvements Total $ 412,281.00 136,036.00 165,088.00 $ 713,405.00 RECOMMENDATION (Exact action requested of Council): Approve the attached ordinance closing the special improvement project entitled "2006 Federal Overlay Program," Fund 303, Program 073, as established by Ordinance No. 2897-06. 47