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I <br /> T <br /> Section 3: The total estimated cost and expense of the improvement is <br /> declared to be $2,139,500 and the entire cost and expense of such improvement <br /> shall be borne by, and assessed against, the property specially benefitted by such <br /> improvement to be included in a local improvement district to be established <br /> embracing as near as may be all property specially benefitted by such <br /> improvement, except that all remaining unencumbered monies now available and to <br /> become available by virtue of investments made for Fund No. 327 known as the <br /> Evergreen Way Fund, shall be contributed to the LID; and half cent gas tax funds <br /> (Fund No. 301) shall contribute $100,000 to this LID, and except City Transit Funds <br /> shall contribute the entire cost equivalent to the cost of the transit shelters and <br /> necessary right-of-way related thereto, and except any public contributions <br /> determined by City Council, if any, that may become available to help defray the <br /> cost of this improvement. <br /> Section 4: All persons who may desire to be heard on the improvement <br /> described herein are notified to appear and present such views at a meeting of the <br /> City Council to be held in the Council Chambers in the City Hall in Everett, <br /> Washington, at 7:00 p.m., on February 20, 1985, which time and place are fixed for <br /> hearing all matters relating to the proposed improvement and for determining the <br /> method of payment for the improvement. All persons desiring to file a written <br /> statement with the City Council before the hearing should sign the same, include a <br /> legal description of their property, and deliver such statement to the City Clerk. <br /> 1 <br /> G/.:;-‘. <br /> man Int dd i g olution <br /> Dated this n23 day of \j/¢),/ , 1985. <br /> j/J4iz <br /> uncil 'r-sident <br /> Pue : J6 rr• 3o ( 3/, <br /> r6:03 /, �, 3, l?eks-- <br /> li <br /> ,i -2- <br /> i <br />