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13 <br />ORDINANCE NO. <br />AN ORDINANCE closing a special improvement project entitled <br />"2006 Federal Overlay Program," Fund 303, Program 073, as <br />established by Ordinance No. 2897-06. <br />WHEREAS, the special improvement project entitled "2006 Federal Overlay Program," Fund <br />303, Program 073, was established to provide identified 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 uncollected <br />revenues to be received; <br />NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br />Section 1: <br />That the special improvement project entitled "2006 Federal Overlay Program," Fund 303, <br />Program 073, as established by Ordinance No. 2897-06, be closed. <br />Section 2: <br />That the final expenses and revenues for the "2006 Federal Overlay Program," Fund 303, <br />Program 073, are as follows: <br />A. Expenses <br />Total Project Costs $ 713,405.00 <br />Total Expenses $713,405.00 <br />B. Source of Funds <br />STPUL-0420(017) - Federal Grant $ 412,281.00 <br />Fund 162 — CIP IV 136,036.00 <br />Fund 119 — Street Improvements 165,088.00 <br />43 Total Source of Funds $713,405.00 <br />