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C `ego .AG I A COVER*gaga_ <br /> 8 <br /> PROJECT TITLE: OS <br /> An Ordinance creating a Consent COUNCIL BILL# 1005- 9 <br /> special improvement project Action Originating Department Engineering <br /> entitled"41d Street Extension 3/17/10 First Reading Contact Person Dave Davis <br /> and Roundabout,"Fund 308, 3/27/10 Second Reading Phone Number (425)257-8942 <br /> Program 002,to accumulate all 3/31/10 Third Reading FOR AGENDA OF Mar. 17,2010 <br /> costs for the improvement Public Hearing <br /> project and repealing Initialed by: <br /> Ordinance No. 3079-08 Department Head <br /> CAA <br /> Council President <br /> Location Preceding Action Attachments Department(s)Approval <br /> Riverfront Development 3/10/10 Budget Ordinance Finance <br /> Committee <br /> Amount Budgeted $10,400,000.00 <br /> Expenditure Required $13,704,481.13 Account Number(s): RD3310 <br /> Budget Remaining -0 - <br /> Additional Required $3,304,481.13 <br /> DETAILED SUMMARY STATEMENT: <br /> This ordinance will create a special fund to accumulate all costs for the design and construction of the <br /> 41St Street Extension and Roundabout for the Riverfront Development. This project,identified in the <br /> Property Disposition Agreement,will construct a roundabout and extend 41St Street to provide access to <br /> the former Simpson site. <br /> The funding sources for this improvement project are: <br /> Fund 308—Riverfront Development Project $8,000,000.00 <br /> Fund 154—CIP Ill $4,000,000.00 <br /> Fund 338—Solid Waste Improvements $1,704,481.13 <br /> Total $13,704,481.13 <br /> RECOMMENDATION: <br /> Approve the proposed Ordinance creating a special improvement project entitled"41St Street Extension <br /> and Roundabout,"Fund 308,Program 002,to accumulate all costs for the improvement project and <br /> repealing Ordinance No. 3079-08. <br /> 103 <br />