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EWEtintr <br /> ORDINANCE NO. <br /> • <br /> AN ORDINANCE closing a special improvement project entitled <br /> "Broadway and Beverly Boulevard Intersection,"Fund 303, <br /> Program 045, as established by Ordinance No. 3190-10. <br /> WHEREAS,the special improvement project entitled`Broadway and Beverly Boulevard <br /> Intersection,"Fund 303,Program 045,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`Broadway and Beverly Boulevard Intersection," <br /> Fund 303,Program 045, as established by Ordinance No. 3190-10,be closed. <br /> Section 2: <br /> That the fmal expenses and revenues for the`Broadway and Beverly Boulevard Intersection," <br /> Fund 303,Program 045, are as follows: <br /> • <br /> • A. Expenses <br /> • <br /> Total Project Costs $ 1,682,911.00 <br /> • Total Expenses $ 1,682,911.00 <br /> B. Source of Funds <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 Source of Funds $ 1,682,911.00 <br /> • <br /> 6 <br />