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EVERETT CITY COUNCIL AGENDA I TEM COVER SHEET 3 <br /> PROJECT TITLE: <br /> An ordinance closing a special Briefing COUNCIL BILL# (' j C ,()-- <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 -p <br /> Council President <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 /> • <br /> RECOMMENDATION (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 /> 7 <br />