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2 <br /> ORDINANCE NO. <br /> • <br /> AN ORDINANCE creating a special improvement project entitled "41St Street <br /> Extension and Roundabout,"Fund 308,Program 002,to accumulate all costs for <br /> the improvement project and repealing Ordinance No. 3176-10. <br /> WHEREAS,the City of Everett is committed to a planned development of the Riverfront area; <br /> and <br /> • <br /> WHEREAS,the City of Everett is committed to a planned traffic and safety improvement <br /> program; and <br /> NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1: <br /> A special improvement project is hereby established as Fund 308, Program 002, entitled "41st <br /> Street Extension and Roundabout," to accumulate all costs for the improvement project and <br /> repealing Ordinance No. 3176-10. <br /> Section 2: <br /> Authorization is hereby given to accumulate costs and distribute payments from Fund 308, <br /> Program 002, for the improvement project. <br /> Section 3: <br /> Authorization is hereby granted for the "Public Works Director," under direction of the Mayor,to <br /> assume full and complete responsibility for conducting all tasks and doing all things to <br /> accomplish the actions authorized in this ordinance. <br /> Section 4: <br /> The sum of $11,818,230.00 is hereby appropriated to Fund 308, Program 002, "41st Street <br /> Extension and Roundabout,"as follows: <br /> A. Estimated Project Costs <br /> Design $ 1,708,930.00 <br /> Construction - 10,109,300.00 <br /> Total Estimated Cost $ 11,818,230.00 <br /> 6 <br />