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EVERETT CITY COUNCIL AGENDA I I bM COVER SHEET 2 <br /> PROJECT TITLE: <br /> An ordinance closing a special Briefing COUNCIL BILL# C j((lb— <br /> improvement project entitled, Proposed Action Originating Department Public Works <br /> "Broadway and Beverly Consent Contact Person • Ryan Sass,P.E. <br /> Boulevard Intersection,"Fund Action Phone Number 425-257-8868 <br /> 303,Program 045, as First Reading FOR AGENDA OF Oct. 19,2011 <br /> established by Ordinance No. Second Reading <br /> 3190-10 Third Reading <br /> Public Hearing <br /> Budget Advisory Initialed by: <br /> Department Head <br /> CAA <br /> • Council PresidentAI -! <br /> Location Preceding Action Attachments Department(s)Approval <br /> Broadway and Beverly 8/25/10 Ord. 3190-10 Proposed Ordinance Legal <br /> • Boulevard Passed <br /> Amount Budgeted $ 1,682,600.00 <br /> Expenditure Required $ 1,682,911.00 Account Number(s): PW2966 • <br /> Budget Remaining 0 <br /> Additional Required $ 311.00 , • <br /> DETAILED SUMMARY STATEMENT: <br /> This project re-aligned the Broadway and Beverly Boulevard intersection. The project also included street <br /> widening, drainage improvements,traffic signal improvements, and sidewalk improvements. This project is . . <br /> complete and all funds have been expended. The additional required funds will come from Fund 119- <br /> Street Improvements. <br /> The funding sources for this improvement project are: <br /> TIB-State Grant $ 500,000.00 <br /> Fund 119-Street Improvements 387,911.00 <br /> • Fund 157-Traffic Mitigation 675,000.00 <br /> Fund 301 -Arterial Streets 120,000.00 <br /> Total Funding Sources $1,682,911.00 <br /> RECOMIVIENDATION(Exact action requested of Council): <br /> Adopt an Ordinance closing a special improvement project entitled, "Broadway and Beverly Boulevard <br /> Intersection,"Fund 303,Program 045, as established by Ordinance No. 3190-10. <br /> 5 <br />